Detailed Instructions: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
Q: That (a) subtitle B of
title VII of the Tariff Act of 1930 (19 U.S.C. 1673 et seq.) is amended
by inserting after section 739 the following new section:

''SEC. 740A. PRIVATE REMEDY FOR INJURY RESULTING FROM DUMPING.

''(a) Definitions.--For purposes of this section--
''(1) The term 'court' means any District Court of the
United States.
''(2) The term 'dumped merchandise' means the class or kind
of merchandise sold at less than foreign market value.
''(3) The term 'eligible party' means any person described
in subparagraph (C), (D), (E), (F), or (G) of section 771(9)
(including any member or a person described in such
subparagraph (E), (F), or (G)).
''(4) The term 'foreign market value' has the same meaning
given such term in section 773.
''(b) Cause of Action.--
''(1) In general.--An eligible party that suffers economic
loss by reason of the importation and sale of dumped
merchandise may bring an action for damages in the court
against any of the following:
''(A) Any manufacturer of the dumped merchandise.
''(B) Any exporter of the dumped merchandise to the
United States.
''(C) Any importer of the dumped merchandise into
the United States, if the importer is an affiliate or
subsidiary of a manufacturer or exporter referred to in
subparagraph (A) or (B).
''(2) Jurisdiction over foreign persons.--For purposes of
actions brought under this section, the court has jurisdiction
over any foreign person that is described in paragraph (1)(A),
(B), or (C).
''(3) Process.--Process may be served on a defendant in any
action commenced under this section in any place within the
United States where the defendant may be found or transacts
business.
''(c) Economic Loss.--
''(1) Applicable period; presumption of loss.--If an action
is brought under subsection (b), and there has been a petition
filed under section 732, the administering authority and the
Commission shall include in their investigations the period
covered by the private action. There shall be a presumption of
economic loss if a petition filed under section 732 on behalf
of an eligible party resulted in affirmative determinations
under subsections (a) and (b) of section 735 regarding a class
or kind of merchandise.
''(2) No presumption of loss.--If there have been no
affirmative determinations under subsections (a) and (b) of
section 735, there shall be no presumption of economic loss.
''(3) Limitation on award.--Under no circumstances shall
the court award damages for a period subject to the potential
assessment of antidumping duties.
''(4) Evaluation of loss.--In evaluating the economic loss
sustained by the eligible party, the court shall consider all
information, including potential lost sales, worker layoffs,
plant closures, or financial losses, submitted by the eligible
party and by parties described in subsection (b)(1)(A), (B), or
(C). The court may consider, but may not require, an
econometric analysis or any other scientific study estimating
the actual effects of the dumped merchandise on the eligible
party.
''(d) Damages.--
''(1) In general.--In any action brought under subsection
(b), the eligible party, upon a finding of liability on the
part of the defendant, is entitled to recover--
''(A) actual damages for the economic loss
(including injury to business or property) sustained by
the eligible party; and
''(B) the costs of the action, including reasonable
attorney's fees.
''(2) Calculation of damages.--In calculating damages for
purposes of this section, the court--
''(A) shall give regard to injury to the eligible
party resulting from the importation into the United
States and sale of dumped merchandise and of other
merchandise, if any, produced by the defendant and that
consists in part of merchandise that, if entered or
withdrawn from warehouse separately, would be dumped
merchandise; and
''(B) may give such regard to the affirmative
finding under subsection (b) of section 735 regarding
the dumped merchandise as it considers appropriate.
''(e) Time for Bringing Action.--
''(1) In general.--Except as provided in paragraph (2), an
action may not be brought under this section unless commenced
within 2 years after the date on which the cause of action
accrues.
''(2) Tolling of limitation.--The running of the 2-year
limitation in paragraph (1) shall be suspended while any
administrative or judicial review of an affirmative
determination under subsection (a) or (b) of section 735 is
pending and until a decision upon that review is rendered.''.
(b) The table of contents for such title VII is amended by adding
after the entry for section 739 the following:

''Sec. 740A. Private remedy for injury resulting from dumping.''.
A:
Amends the Tariff Act of 1930 to create a private cause of action for economic loss to an eligible party by reason of the importation and sale of dumped merchandise (i.e., goods sold at less than foreign market value) against any manufacturer, exporter, or, if the importer is an affiliate or subsidiary of such manufacturer or exporter, importer of such merchandise.
Sets forth provisions with respect to jurisdiction over foreign persons, service of process, presumptions of loss, and limitations on awards.
Directs the court, in evaluating the economic loss sustained by the eligible party, to consider certain information submitted, including potential lost sales, worker layoffs, plant closures, and financial losses. Allows the court to consider an econometric analysis or other scientific study estimating the actual effects of the dumped merchandise on the eligible party.
Specifies that the eligible party, upon a finding of liability on the part of the defendant, is entitled to recover actual damages for economic loss and costs, including reasonable attorney's fees.
Sets forth further provisions with respect to the calculation of damages and the time allowed for bringing an action under this Act.