§ 2704. — International Trade Commission reports on impact of Caribbean Basin Economic Recovery Program.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 19USC2704]
TITLE 19--CUSTOMS DUTIES
CHAPTER 15--CARIBBEAN BASIN ECONOMIC RECOVERY
Sec. 2704. International Trade Commission reports on impact of
Caribbean Basin Economic Recovery Program
(a) Reporting requirement
(1) In general
The United States International Trade Commission (in this
section referred to as the ``Commission'') shall submit to Congress
and the President biennial reports regarding the economic impact of
this chapter on United States industries and consumers and on the
economy of the beneficiary countries.
(2) First report
The first report shall be submitted not later than September 30,
2001.
(3) Treatment of Puerto Rico, etc.
For purposes of this section, industries in the Commonwealth of
Puerto Rico and the insular possessions of the United States are
considered to be United States industries.
(b) Requisite areas of Commission assessment
(1) Each report required under subsection (a) of this section shall
include, but not be limited to, an assessment by the Commission
regarding--
(A) the actual effect, during the period covered by the report,
of this Act on the United States economy generally as well as on
those specific domestic industries which produce articles that are
like, or directly competitive with, articles being imported into the
United States from beneficiary countries; and
(B) the probable future effect which this Act will have on the
United States economy generally, as well as on such domestic
industries, before the provisions of this Act terminate.
(2) In preparing the assessments required under paragraph (1), the
Commission shall, to the extent practicable--
(A) analyze the production, trade and consumption of United
States products affected by this Act, taking into consideration
employment, profit levels, and use of productive facilities with
respect to the domestic industries concerned, and such other
economic factors in such industries as it considers relevant,
including prices, wages, sales, inventories, patterns of demand,
capital investment, obsolescence of equipment, and diversification
of production; and
(B) describe the nature and extent of any significant change in
employment, profit levels, and use of productive facilities, and
such other conditions as it deems relevant in the domestic
industries concerned, which it believes are attributable to this
Act.
(c) Time of submission of reports; public participation
(1) Each report required under subsection (a) of this section shall
be submitted to the Congress and to the President before the close of
the nine-month period beginning on the day after the last day of the
period covered by the report.
(2) The Commission shall provide opportunity for the submission by
the public, either orally or in writing, or both, of information
relating to matters that will be addressed in the reports.
(Pub. L. 98-67, title II, Sec. 215, Aug. 5, 1983, 97 Stat. 393; Pub. L.
106-200, title II, Sec. 211(d)(1), May 18, 2000, 114 Stat. 287.)
References in Text
This Act, referred to in subsec. (b), probably should be ``this
title'' meaning title II of Pub. L. 98-67, Aug. 5, 1983, 97 Stat. 384,
which is classified principally to this chapter. For complete
classification of title II to the Code, see Short Title note set out
under section 2701 of this title and Tables.
Amendments
2000--Subsec. (a). Pub. L. 106-200 inserted heading and amended text
generally. Prior to amendment, text read as follows: ``The United States
International Trade Commission (hereinafter in this section referred to
as the `Commission') shall prepare, and submit to the Congress and to
the President, a report regarding the economic impact of this Act on
United States industries and consumers during--
``(1) the twenty-four-month period beginning with August 5,
1983; and
``(2) each calendar year occurring thereafter until duty-free
treatment under this chapter is terminated under section 2706(b) of
this title.
For purposes of this section, industries in the Commonwealth of Puerto
Rico and the insular possessions of the United States shall be
considered to be United States industries.''
Section Referred to in Other Sections
This section is referred to in section 3204 of this title.
