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Code · BILL · 118th Congress · S. 4712 (Introduced in Senate) — To increase support by the United States Government for critical minerals projects outside the United States, and for... · Sec. 502

Sec. 502. Report on imposition of duties on electromagnets, battery cells, electric storage batteries, and photovoltaic cells imported from certain countries

308 words·~1 min read·/bill/118/s/4712/is/section-502

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Not later than 90 days after the date of the enactment of this Act, the Secretary of the Treasury shall submit to the appropriate committees of Congress a report assessing the imposition of a duty on each article described in subsection (b). An article described in this subsection is an article classified under any of the following headings or subheadings of the Harmonized Tariff Schedule of the United States: 8505. 8506. 8507. 8541.42.00. 8541.43.00. The report required by subsection
(a)shall include recommendations for— appropriate ranges for the rate of duty to be applied to an article described in subsection
(b)that was produced or manufactured, or underwent final assembly, in a country other than— an ally described in section 3(b)(2) of the Arms Export Control Act ( 22 U.S.C. 2753(b)(2) ); a country designated by the President as a major non-NATO ally under section 517 of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2321k ); Mexico, if the United States-Mexico-Canada Agreement, or a successor agreement, is in effect; Costa Rica, El Salvador, Guatemala, Honduras, and the Dominican Republic, if the Dominican Republic-Central America Free Trade Agreement, or a successor agreement, is in effect; Chile, if the United States-Chile Free Trade Agreement, or a successor agreement, is in effect; and India, for a period of 10 years beginning on the date of the enactment of this Act; and the appropriate rate of duty to be applied to an article described in subsection
(b)that was produced or manufactured, or underwent final assembly, in the People’s Republic of China. The assessment required by subsection
(a)shall include— a plan for implementing duties on articles described in subsection
(b)at the rates recommended under subsection (c); and an assessment of the risks and benefits of increasing the rates of duty on such articles over a period of time.
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Sec. 502
Report on imposition of duties on electromagnets, battery cells, electric storage batteries, and photovoltaic cells imported from certain countries
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