American Workers and Manufacturers Support Act

Bill: 108-hr-4177
Sponsor: Rep. Larson, John B. [D-CT-1]
Introduced: 2004-04-20 in the House
Policy area: Foreign Trade and International Finance
Subjects: American investments
Buy American
Civil Rights and Liberties, Minority Issues
Commerce
Congress
Congressional agencies
Congressional information resources
Congressional investigations
Congressional reorganization
Congressional reporting requirements
Contracts
Corporate reorganizations
Corporation taxes
Department of Commerce
Developing countries
Dispute settlement
Economics and Public Finance
Education
Executive reorganization
Export finance
Federal advisory bodies
Federal aid to education
Federal aid to research
Federally-guaranteed loans
Finance and Financial Sector
Foreign corporations
Foreign exchange
Free trade
Freedom of information
Government Operations and Politics
Government contractors
Government corporations
Government lending
Governmental investigations
High technology
Higher education
Imports
Income tax
Industrial engineering
Industrial research
Intellectual property
International Affairs
International agencies
International competitiveness
International law
Investment guaranty insurance
Joint ventures
Labeling
Manufacturing industries
Nontariff trade barriers
Partnerships
Patents
Product development
Research and development
Research grants
Restrictive trade practices
Retail trade
Scholarships
Science, Technology, Communications
Small business
Stockholders
Stocks
Subcontractors
Tax deductions
Tax evasion
Tax exclusion
Tax treaties
Taxation
Taxation of foreign income
Technological innovations
Technology transfer
Trade agreements
Trade negotiations
Withholding tax

Summary:
action_date: 2004-04-20
text: 
American Workers and Manufacturers Support Act - Establishes in the Department of Commerce a Manufacturing and Technology Administration (MTA), which shall include: (1) the National Institute of Standards and Technology; (2) the National Technical Information Service; and (3) the Office of Manufacturing and Technology Policy.
 
Provides for the appointment of: (1) an Under Secretary of Commerce for MTA; and (2) an Assistant Secretary of Manufacturing and an Assistant Secretary of Technology who both shall serve as policy analysts for the Under Secretary.
 

 
Establishes a Manufacturing Advisory Board within the MTA.
 
Requires the Under Secretary to study and report on: (1) abusive practices by large manufacturers and retailers; and (2) the feasibility and impact of laws and regulations requiring a certain labeling of all products retailing at more than $15.
 

 
Revises requirements for the Advanced Technology Program.
 
Requires the Director to establish a certain program of assistance to institutions of higher education or nonprofit research institutions that enter into partnerships with for-profit entities to support, promote, and enhance manufacturing research and development.
 
Establishes the World Trade Organizations (WTO) Settlement Review Commission.
 

 
Amends the Export-Import Bank Act of 1945 and the Foreign Assistance Act of 1961 to place restrictions on export-import bank assistance and on the overseas private investment corporation.
 
Sets forth a period for the President to negotiate with the governments of countries that engage most egregiously in currency manipulation, in order to seek a prompt and orderly end to such manipulation and ensure the free trade of such currencies on international currency markets.
 
Amends the Internal Revenue Code to redefine: (1) &quot;domestic&quot; to treat the acquiring corporation in a corporate expatriation transaction as a domestic corporation; and (2) &quot; foreign base company income&quot; to include such company's U.S. import income for a taxable year.
 
Denies treaty benefits for certain deductible foreign payments.
 
Repeals the exclusion of extraterritorial income from gross income.
 
Provides for a phased-in deduction for income attributable to certain domestic production activities.
 
Sets forth requirements for waivers of the Buy American Act. 
 
Prohibits Federal agencies from entering contracts or subcontracts with foreign entities that result in the manufacture of a dual-use item on the Commerce Control List, unless approval has been received according to specified procedures. 
 
Establishes the Congressional Trade Office.


Legislative actions:
action_date: 2004-05-17
text: Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
action_date: 2004-04-27
text: Referred to the Subcommittee on Environment, Technology, and Standards.
action_date: 2004-04-20
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Science, Financial Services, International Relations, Government Reform, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2004-04-20
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Science, Financial Services, International Relations, Government Reform, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2004-04-20
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Science, Financial Services, International Relations, Government Reform, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2004-04-20
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Science, Financial Services, International Relations, Government Reform, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2004-04-20
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Science, Financial Services, International Relations, Government Reform, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2004-04-20
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Science, Financial Services, International Relations, Government Reform, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2004-04-20
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Science, Financial Services, International Relations, Government Reform, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2004-04-20
text: Sponsor introductory remarks on measure. (CR E550-551)
action_date: 2004-04-20
text: Introduced in House
action_date: 2004-04-20
text: Introduced in House