Stopping Overseas Subsidies Act of 2004

Stopping Overseas Subsidies Act of 2004 - Amends the Tariff Act of 1930 to apply countervailing duties to nonmarket economy countries.

[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 2212 Introduced in Senate (IS)]

  2d Session
                                S. 2212

   To amend title VII of the Tariff Act of 1930 to provide that the 
provisions relating to countervailing duties apply to nonmarket economy 
                               countries.


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                   IN THE SENATE OF THE UNITED STATES

                             March 12, 2004

Ms. Collins (for herself, Mr. Bayh, Mrs. Dole, and Mr. Graham of South 
   Carolina) introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
   To amend title VII of the Tariff Act of 1930 to provide that the 
provisions relating to countervailing duties apply to nonmarket economy 
                               countries.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Stopping Overseas Subsidies Act of 
2004''.

SEC. 2. APPLICATION OF COUNTERVAILING DUTIES TO NONMARKET ECONOMY 
              COUNTRIES.

    Section 701(a)(1) of the Tariff Act of 1930 (19 U.S.C. 1671(a)(1)) 
is amended by inserting ``(including a nonmarket economy country)'' 
after ``country'' each place it appears.

SEC. 3. EFFECTIVE DATE.

    The amendments made by section 2 apply to petitions filed under 
section 702 of the Tariff Act of 1930 on or after the date of the 
enactment of this Act.
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