A bill to approve and implement the protocol to the trade agreement relating to customs valuation, and for other purposes.
Latest action. Referred to Senate Committee on Finance.
Approves the Protocol to the Agreement on Implementation of Article VII (Customs Valuation) of the General Agreement on Tariffs and Trade and the administrative action implementing such agreement. Authorizes the President to accept such Protocol if each major industrial country also accepts such Protocol. Makes such Protocol applicable only with regard to other countries which have accepted the obligations of such Protocol and are not otherwise denying adequate trade benefits to the United States. Specifies the relationship of such Protocol to U.S. law. Amends the Tariff Act of 1930, as amended by the Trade Agreements Act of 1979, to repeal a provision for accepting the transaction value, for purposes of customs valuation, of imported merchandise in a sale between a related buyer and seller, if such value approximates the transaction value in sales to unrelated buyers of identical merchandise produced in a different country. Amends the Tariff Schedules of the United States to make technical revisions in the tariff classifications of various chemicals. Authorizes the President to proclaim tariffs on specified chemicals. Subjects specified chemicals to any staged rate reductions proclaimed by the President for other specified chemical classifications.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in Senate" stage on August 5, 1980. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on August 5, 1980: Referred to Senate Committee on Finance.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the Senate
- Passage by the House
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 96th Congress (1979-80), 613 of the 12,581 bills and joint resolutions introduced became law, about 4.9 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
ABRAHAM RIBICOFF (D-CT) introduced it on August 5, 1980, and 1 member has since signed on as a cosponsor.
They are 1 Republican.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on August 5, 1980, 16884 days ago. The most recent recorded action was 16884 days ago, on August 5, 1980.
Measures do not carry over. Anything the 96th Congress has not finished by January 3, 1981 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- SenateIn committee, no floor vote yet
- HouseAwaits Senate passage
- PresidentAwaits both chambers