S. 691
Introduced in Senate · March 19, 2025February 24, 2025
Ms. Smith (for Mr. Young (for himself, Ms. Smith, Mr. Tuberville, Ms. Klobuchar, Mr. Graham, Ms. Baldwin, Mr. Cotton, Mr. Fetterman, Mr. Wicker, Mr. Gallego, Mr. Banks, Ms. Warren, Mr. Schmitt, Mrs. Gillibrand, and Mr. Moreno)) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Tariff Act of 1930 to improve the administration of antidumping and countervailing duty laws, and for other purposes.
1. Short title; table of contents; TITLE I—SUCCESSIVE INVESTIGATIONS; 101. Establishment of special rules for determination of material injury in the case of successive antidumping and countervailing duty investigations; 102. Initiation of successive antidumping and countervailing duty investigations; 103. Issuance of determinations with respect to successive antidumping and countervailing duty investigations; TITLE II—RESPONDING TO MARKET DISTORTIONS; 201. Addressing cross-border subsidies in countervailing duty investigations; 202. Modification of definition of ordinary course of trade to specify that an insufficient quantity of foreign like products constitutes a situation outside the ordinary course of trade; 203. Modification of adjustments to export price and constructed export price with respect to duty drawback; 204. Modification of determination of normal value to account for distortions of costs that occur in foreign countries; 205. Special rules for calculation of cost of production and constructed value to address distorted costs; TITLE III—PREVENTING CIRCUMVENTION; 301. Modification of requirements in circumvention inquiries; 302. Requirement of provision by importer of certification by importer or other party; 303. Clarification of authority for Department of Commerce regarding merchandise covered by antidumping and countervailing duty proceedings; 304. Asset requirements applicable to nonresident importers; TITLE IV—COUNTERING CURRENCY UNDERVALUATION; 401. Investigation or review of currency undervaluation under countervailing duty law; 402. Determination of benefit with respect to currency undervaluation; TITLE V—PREVENTING DUTY EVASION; 501. Limitation on protest against decisions of U.S. Customs and Border Protection of claims of evasion of antidumping and countervailing duty orders; 502. Procedures for investigating claims of evasion of safeguard actions; 503. Application of provisions relating to certain proprietary information; TITLE VI—GENERAL PROVISIONS; 601. Application to Canada and Mexico; 602. Effective date