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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6555 Introduced in House (IH)]

<DOC>

118th CONGRESS
  1st Session
                                H. R. 6555

     To modify the competitive need limitation with respect to the 
       generalized system of preferences, and for other purposes.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                            December 1, 2023

    Mr. Moore of Utah (for himself and Ms. DelBene) introduced the 
 following bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL

 
     To modify the competitive need limitation with respect to the 
       generalized system of preferences, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``CNL Update Act of 2023''.

SEC. 2. MODIFICATION OF COMPETITIVE NEED LIMITATION.

    (a) Modification.--Section 503 of the Trade Act of 1974 (19 U.S.C. 
2463) is amended--
            (1) in subsection (c)(2)(A)(i)--
                    (A) by striking ``after December 31, 1995-- (I) a 
                quantity'' and inserting ``after December 31, 1995, a 
                quantity''; and
                    (B) by striking ``calendar year, or'' and all that 
                follows through ``the President shall,'' and inserting 
                ``calendar year, the President shall,'';
            (2) in subsection (c)(2)(A)(ii)--
                    (A) in subclause (I), by striking ``for 1996, 
                $75,000,000'' and inserting ``for calendar year 2023, 
                $600,000,000''; and
                    (B) in subclause (II), by striking ``$5,000,000'' 
                and inserting ``5 percent of such applicable amount'';
            (3) in subsection (c)(2)(C), by striking ``may, subject'' 
        and inserting ``should, subject'';
            (4) by striking subsection (c)(2)(E) and subsection 
        (c)(2)(F);
            (5) by inserting after subsection (c)(2)(D) the following 
        new subparagraph:
                    ``(E) Calculation of limitations.--There shall be 
                counted against the limitations imposed under 
                subparagraph (A) for any calendar year only that value 
                of any eligible article of a beneficiary developing 
                country that entered duty-free under this title during 
                such calendar year.'';
            (6) in subsection (d)(1), by striking ``if, before'' and 
        all that follows through ``the President'' and inserting ``if 
        the President''; and
            (7) in subsection (d)(4)(B)(ii)--
                    (A) in subclause (I), by striking ``; or'' and 
                inserting a period;
                    (B) in the matter preceding subclause (I), by 
                striking ``a quantity of the article--(I) having an 
                appraised value'' and inserting ``a quantity of the 
                article having an appraised value''; and
                    (C) by striking subclause (II).
    (b) Applicability.--
            (1) In general.--The amendments made by subsection (a) 
        shall take effect on the date of the enactment of this Act.
            (2) Restoration of duty-free treatment.--
                    (A) List required.--Not later than 120 days after 
                the date of the enactment of this Act, the President 
                shall--
                            (i) list each article with respect to which 
                        such treatment was eliminated pursuant to 
                        subsection (c) of section 503 of the Trade Act 
                        of 1974, as in effect on December 31, 2020, 
                        that is eligible for such treatment pursuant to 
                        such section 503 as amended by this Act; and
                            (ii) determine, with respect to each such 
                        article, whether the article is a potentially 
                        sensitive product that warrants review pursuant 
                        to subsection (c)(1) of such section 503 for 
                        the continued withholding of duty-free 
                        treatment.
                    (B) Prompt restoration.--Except for articles for 
                which the President makes an affirmative determination 
                pursuant to subparagraph (A)(ii), the President shall 
                restore duty-free treatment to each article included in 
                the list described in subparagraph (A)(i) on such 120th 
                day after date of enactment.
            (3) Expedited review of certain articles for exclusion from 
        duty-free treatment.--The President shall review, pursuant to 
        section 503(c)(1) of the Trade Act of 1974 (19 U.S.C. 
        2463(c)(1)), whether duty-free treatment should continue to be 
        withheld from each article for which the President makes an 
        affirmative determination pursuant to paragraph (2)(A)(ii). Not 
        later than 1 year after the date of the enactment of this Act, 
        the President shall restore duty-free treatment to each article 
        for which such review determines that such treatment should not 
        be withheld.
            (4) Reports.--Not later than 1 year after the date of the 
        enactment of this Act, the President shall submit to the 
        Committee on Ways and Means of the House of Representatives and 
        the Committee on Finance of the Senate a report containing--
                    (A) the results of the reviews conducted pursuant 
                to paragraph (3); and
                    (B) justifications for the reasons for which duty-
                free treatment was withheld or restored with respect to 
                articles described in such paragraph.
                                 <all>
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