GSP Coalition Expects House to Vote on GSP/MPF/TAA Bill on Oct 12
According to the Coalition for GSP, on October 12, 2011 the House is expected to vote on the Senate-passed version of H.R. 2832, a bill to reinstate the GSP program retroactive to its expiration date, renew and revise Trade Adjustment Assistance, and make various MPF adjustments.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
(On September 22, 2011, the Senate approved the House-passed version of H.R. 2832 after adding a provision to renew and revise Trade Adjustment Assistance (TAA), as well as a provision to raise the merchandise processing fee for formal entries and then decrease it, and require the MPF for formal and informal entries to be prepaid and then reconciled for a certain 2012 time period1.
Since the Senate-passed version of H.R. 2832 is different from the one passed by the House on September 7, 2011, H.R. 2832 went back to the House for action.)
Rule for H.R. 2832 Would Allow One Hour of Debate
On October 6, 2011, the House Rules Committee granted a rule providing for the consideration of H.R. 2832. The rule provides one hour of debate, equally divided and controlled by the House Ways and Means Committee Chairman and Ranking Member.
Coalition Asks Supporters to Contact Congress on Oct 12 Vote
The Coalition for GSP is calling on supporters to contact their Representatives via calls and emails in support of H.R. 2832 before the October 12 vote. Contact Representatives by clicking here. Renew GSP Today blog available here.
1Note that the Korea FTA implementing legislation contains a provision to raise the MPF which overlaps certain MPF provisions in H.R. 2832. See future issue of ITT for details.
(See ITT's Online Archives 11092716 for summary of the MPF provisions in Senate-passed H.R. 2832.
See ITT's Online Archives 11092309 for summary of Senate passage of H.R. 2832.
See ITT's Online Archives 11090818 for summary of House passage of H.R. 2832, including details on the House-passed MPF provision.)