House Passes GSP/MPF/TAA Bill, President Expected to Sign
On October 12, 2011, the House passed the Senate’s version of the GSP/MPF/TAA bill. The bill now goes to the President, who is expected to sign it into law. GSP's retroactive renewal through July 31, 2013 would take effect 15 days after the President signs the measure into law.
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(Both the KORUS implementing bill (which was passed by Congress) and the GSP/MPF/TAA bill include provisions to raise the merchandise processing fee (MPF). See ITT's Online Archives 11101111, for summary of the Merchandise Processing Fee provisions in these bills.
See ITT's Online Archives 11090818 for summary of Generalized System of Preferences provisions in the GSP/MPF/TAA bill passed by Congress.
See ITT’s Online Archives 11090910 for summary on the use of the GSP SPI by ABI filers as a refund request.)
Camp and Brady Statement on passage of H.R. 2832 available here
USTR Kirk statement on passage of H.R. 2832 available here
Coalition for GSP press release on passage of H.R. 2832 available here