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H.R. 499 · 111th Congress

Nonmarket Economy Trade Remedy Act of 2009

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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

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1 cosponsor · 1 R

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Nonmarket Economy Trade Remedy Act of 2009 - Amends the Tariff Act of 1930 to apply countervailing duties to nonmarket economies.

What it does: CRS summary · Introduced in House · Jan 14, 2009

Nonmarket Economy Trade Remedy Act of 2009 - Amends the Tariff Act of 1930 to apply countervailing duties to nonmarket economies.

Excludes specified factors, including a subsidy's effect, from the administering authority's consideration when determining whether a countervailable subsidy exists with respect to merchandise imported from nonmarket economy countries.

Authorizes the use of alternative methodologies in determining whether a subsidy is countervailable with respect to the People's Republic of China (PRC).

Deems subsidies provided predominantly or disportionately by the PRC to a state-owned enterprise as specific to that enterprise.

Prohibits the administering authority from considering requests for market economy treatment at the individual business enterprise level in an antidumping duty proceeding involving a nonmarket economy country.

Requires congressional approval for revocation of nonmarket economy country determinations made by the administering authority.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Nonmarket Economy Trade Remedy Act of 2009

Latest action (Jan 14, 2009): Referred to House Rules

Policy area: Foreign Trade and International Finance · Origin: House · Introduced: Jan 14, 2009

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.