Innovation and Development in Ecuador Act of 2023

Bill: 118-s-913
Sponsor: full_name: Sen. Risch, James E. [R-ID]
Introduced: 2023-03-22
Policy area: Foreign Trade and International Finance
Latest action: action_date: 2023-03-22
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2023-03-22
action_desc: Introduced in Senate
text: <p><b>Innovation and Development in Ecuador Act of 2023</b></p> <p>This bill adds Ecuador to the list of countries eligible for designation as a beneficiary country under the Caribbean Basin Economic Recovery Act. (Such a designation generally provides for duty-free entry of goods into the United States from the designated countries, although there are exclusions and limitations.)</p>

tv_txt: II 118th CONGRESS 1st Session S. 913 IN THE SENATE OF THE UNITED STATES March 22, 2023 Mr. Risch (for himself and Mr. Menendez ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To make Ecuador eligible for designation as a beneficiary country under the Caribbean Basin Economic Recovery Act.

1. Short title This Act may be cited as the Innovation and Development in Ecuador Act of 2023 . 2. Eligibility of Ecuador for designation as a beneficiary country under Caribbean Basin Economic Recovery Act Section 212(b) of the Caribbean Basin Economic Recovery Act ( 19 U.S.C. 2702(b) ) is amended by inserting after Dominica the following new item: Ecuador .