Agricultural Export Promotion Act of 2018
This bill establishes the United States Agricultural Export Promotion Fund and requires the Department of the Treasury to transfer to the fund an amount equivalent to certain duties imposed on imported goods under the Trade Expansion Act of 1962 or the Trade Act of 1974.
The amounts in the fund must be available to the Department of Agriculture (USDA), without further appropriation, for carrying out activities of the Foreign Market Development Program, the Market Access Program, and the Technical Assistance for Specialty Crops program to promote exports of U.S. agricultural commodities and products.
In carrying out this bill, USDA must, to the maximum extent practicable, give priority to promoting exports of agricultural commodities and products of U.S. businesses that are adversely affected by increased duties imposed on U.S. exports by foreign countries in response to increased duties imposed by the United States on imports from the countries.
[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. 3407 Introduced in Senate (IS)]
<DOC>
115th CONGRESS
2d Session
S. 3407
To offset retaliatory duties against the United States by establishing
a fund to promote the exports of United States agricultural commodities
and products.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
September 4, 2018
Ms. Heitkamp introduced the following bill; which was read twice and
referred to the Committee on Agriculture, Nutrition, and Forestry
_______________________________________________________________________
A BILL
To offset retaliatory duties against the United States by establishing
a fund to promote the exports of United States agricultural commodities
and products.
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 ``Agricultural Export Promotion Act of
2018''.
SEC. 2. FINDINGS.
Congress finds the following:
(1) The President has made clear his intention to
aggressively take actions pursuant to section 232 of the Trade
Expansion Act of 1962 (19 U.S.C. 1862) and section 301 of the
Trade Act of 1974 (19 U.S.C. 2411) to increase duties on
certain imports.
(2) In retaliation, the governments of foreign countries
affected by such duty increases have already raised duties on
exports of United States agricultural commodities and products,
or may do so.
(3) Without offsetting actions to increase exports of
United States agricultural commodities and products into third-
country markets, increased duties on such exports threaten to
reduce employment and output in the agricultural sector of the
United States economy.
SEC. 3. UNITED STATES AGRICULTURAL EXPORT PROMOTION FUND.
(a) Establishment of Fund.--There is established in the Treasury a
fund to be known as the ``United States Agricultural Export Promotion
Fund'', consisting of such amounts as may be transferred to the fund
pursuant to subsection (b), to remain available until expended.
(b) Transfers to Fund.--The Secretary of the Treasury shall
transfer to the United States Agricultural Export Promotion Fund from
the general fund of the Treasury an amount equivalent to the amount of
duties collected after the date of the enactment of this Act and
imposed pursuant to section 232 of the Trade Expansion Act of 1962 (19
U.S.C. 1862) or section 301 of the Trade Act of 1974 (19 U.S.C. 2411).
(c) Availability of Funds.--
(1) In general.--Amounts in the United States Agricultural
Export Promotion Fund shall be available to the Secretary of
Agriculture, without further appropriation, to carry out
activities of the Foreign Market Development Program, the
Market Access Program, and the Technical Assistance for
Specialty Crops program to promote exports of United States
agricultural commodities and products.
(2) Priority.--In carrying out paragraph (1), the Secretary
shall, to the maximum extent practicable, give priority to
promoting exports of agricultural commodities and products of
United States businesses that are adversely affected by
increases in duties imposed on United States exports by foreign
countries in response to increases in duties on imports from
such foreign countries pursuant to section 232 of the Trade
Expansion Act of 1962 (19 U.S.C. 1862) or section 301 of the
Trade Act of 1974 (19 U.S.C. 2411).
(3) Additional amounts.--Amounts made available under this
subsection are in addition to amounts otherwise made available
for activities of the Foreign Market Development Program, the
Market Access Program, and the Technical Assistance for
Specialty Crops program in accordance with the purpose
described in paragraph (1).
<all>
Introduced in Senate
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
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