Sec. 203. Definitions

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In this title: The term Administrator means the Administrator of the Environmental Protection Agency. CO2-e Subject to subparagraph (B), the term CO2-e means, with respect to a greenhouse gas, the quantity of such gas that has a global warming potential equivalent to 1 metric ton of carbon dioxide, as determined pursuant to table A–1 of subpart A of part 98 of title 40, Code of Federal Regulations, as in effect on the date of the enactment of this subchapter. In the case of methane, the term CO2-e means the quantity of methane that has the same global warming potential over a 20-year period as 1 metric ton of carbon dioxide, as determined by the Administrator.

The terms covered iron product and covered steel product are defined as follows: Articles classifiable under the following headings of the Harmonized Tariff Schedule of the United States: 7206.10 through 7216.50. 7216.99 through 7301.10. 7302.10. 7302.40 through 7302.90. 7304.10 through 7306.90. Subject to subparagraph

(B), any other iron or steel article the President determines is imported from a country with a greater emissions intensity than the United States, if the President directs and the Commission subsequently includes— an analysis of the domestic production of such product in the most recent study published in accordance with section 201(a) ; and an analysis of the foreign production of such product in the most recent study published in accordance with section 201(b) . A product otherwise meeting the definition under subparagraph

(A)shall not be treated as a covered iron product or a covered steel product, as applicable, under this title if— a like or similar article is not produced in the United States; the product is produced in (including as a component of a finished good) and imported from a relatively least developed country (as described in section 124 of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2151v )) that does not produce at least 3 percent of total global exports, by value, of the product; or the product is imported from a country during any period in which a waiver is in effect with respect to such country pursuant to section 202(b) . The term finished good means any good which— for calendar years 2027 and 2028— contains greater than 500 pounds of any combination of any covered iron or steel products, or was produced from inputs of any combination of covered iron or steel products, the value of which comprise more than 90 percent of the total value of the material inputs involved in the production of such good, for calendar years 2029 and 2030— contains greater than 100 pounds of any combination of any covered iron or steel products, or was produced from inputs of any combination of covered iron or steel products, the value of which comprise more than 75 percent of the total value of the material inputs involved in the production of such good, and for any calendar year after calendar year 2030— contains greater than such amount as is determined by the Secretary (as determined in coordination with the relevant parties, and which shall not be greater than 100 pounds) of any combination of any covered iron or steel products, or was produced from inputs of any combination of covered iron or steel products, the value of which comprise more than such percentage as is determined by the Secretary (as determined in coordination with the relevant parties, and which shall not be greater than 75 percent) of the total value of the material inputs involved in the production of such good. The term finished good shall not include any waste or scrap product that is imported or exported. The term greenhouse gas has the meaning given such term under section 211(o)(1)(G) of the Clean Air Act, as in effect on the date of the enactment of this subchapter. The term greenhouse gas emissions means the amount of greenhouse gases, expressed in metric tons of CO2-e, which were emitted to the atmosphere. The term relevant parties means— the Administrator, the Secretary of Energy, the Secretary of Commerce, the United States Trade Representative, and the Chair and Vice Chair of the United States International Trade Commission.

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22 USC 2151v

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Sec. 203

Definitions

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