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H.R. 2387: SAVE Act
To provide for preferential duty treatment to certain apparel articles of the Philippines.
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Introduced :
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Fri, Jun 24, 2011
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Sponsor :
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Status :
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introduced Fri, Jun 24, 2011
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May-12
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0 Total Hits For All Bills
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Co-Sponsors
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Actions
| Date | Type | Description | Result |
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1/1/0001
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action
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Referred to the House Committee on Ways and Means.
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1/1/0001
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action
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Referred to the Subcommittee on Trade.
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Rolls
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Committee Assignments
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Subject Terms
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Related Legislative
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Amendments
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Titles Assigned
| Type | AS | Title |
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short
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introduced
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SAVE Act
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short
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introduced
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Save Our Industries Act of 2011
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official
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introduced
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To provide for preferential duty treatment to certain apparel articles of the Philippines.
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SUMMARY:
6/24/2011--Introduced.
Save Our Industries Act of 2011 or SAVE Act - Grants duty-free treatment, subject to specified conditions, to certain apparel wholly assembled in the United States or the Philippines, or both, and components of such apparel consisting entirely of: (1) fabric cut in the United States or the Philippines, or both, from fabric wholly formed in the United States from yarns wholly formed in the United States; (2) components knit-to-shape in the United States from yarns wholly formed in the United States; or (3) any combination of such fabric or components. Prescribes single transformation duty-free rules for specified apparel articles, regardless of the source of the fabric, fabric components, components knit-to-shape, or yarns from which the articles are made, if they: (1) are cut and wholly assembled, or knit-to-shape, in the Philippines from any combination of such components; and (2) are imported directly into the United States from the Philippines. Prescribes requirements for review and enforcement of the program. Prescribes penalties for exporters and importers who engage in the transshipment of apparel that has been afforded preferential treatment under this Act.
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