S 979 · 107th Congress 2001–2003, ended

Trade Law Reform Act of 2001

Introduced May 26, 2001 Originated Senate Sponsor Richard J. Durbin D-IL

Fact sheet

Latest action · May 26, 2001 Read twice and referred to the Committee on Finance.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMay 26, 2001
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Trade Law Reform Act of 2001 - Amends the Trade Act of 1974 to repeal the requirement that the cause of serious injury (or threat) be substantial to the domestic industry producing an article like or directly competitive with an article that is being imported into the United States in such increased quantities with respect to the President's taking action to facilitate efforts by such industry to make a positive adjustment to the import competition. Defines "cause" to mean a cause that contributes significantly to serious injury (or threat) to the domestic industry but need not be equal to or greater than any other cause.

Revises certain factors the International Trade Commission (ITC) must consider when investigating whether an article is being imported into the United States in such increased quantities as to be a substantial cause of serious injury (or threat) to the domestic industry producing an article like or directly competitive with the imported article. Repeals, similarly, the requirement that such injury be substantial.

Amends the Tariff Act of 1930 to revise various factors that the ITC must consider in making material injury determinations in countervailing duty and antidumping duty proceedings.

Directs the Secretary of Commerce to implement a steel import notification and monitoring program. Requires a person to have a steel import notification certificate before entering certain steel products into the United States.

Authorizes certain entities or groups of workers which are representative of a domestic industry that produces an article like or directly competitive with an imported article to file a request to monitor such imports if serious injury to the domestic industry is caused or threatened.

Provides for the treatment of certain steel products for purposes of bilateral agreements or quantitative restriction arrangements covering such products.

Applies this Act to goods from Canada and Mexico.

Cosponsors 7

Members who signed on, in the order they did. Signatures ran from May 26, 2001 to Jul 25, 2001, with 5 there on the day it was introduced.

SeatCosponsorSigned on
R-PAArlen SpecterOriginalMay 26, 2001
D-MDBarbara A. MikulskiOriginalMay 26, 2001
D-SCErnest F. HollingsOriginalMay 26, 2001
D-WVJohn D. Rockefeller IVOriginalMay 26, 2001
D-WVRobert C. ByrdOriginalMay 26, 2001
D-MDPaul S. SarbanesJul 11, 2001
D-INEvan BayhJul 25, 2001

Actions 3

Everything that happened, newest first.

  1. May 26, 2001Introduced in Senate
  2. May 26, 2001Read twice and referred to the Committee on Finance.
  3. May 26, 2001Sponsor introductory remarks on measure. (CR S5798-5799)

Subjects

Assigned by the Library of Congress. Policy area: Foreign Trade and International Finance.

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.