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<PRE>[DOCID: f:h1589ih.txt]






107th CONGRESS
  1st Session
                                H. R. 1589

  To amend the Caribbean Basin Economic Recovery Act to provide trade 
                    benefits for socks and hosiery.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 25, 2001

 Mrs. Myrick introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
  To amend the Caribbean Basin Economic Recovery Act to provide trade 
                    benefits for socks and hosiery.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. APPLICABILITY OF TRADE BENEFITS FOR CERTAIN TEXTILE AND 
              APPAREL ARTICLES.

    Section 213(b)(2)(A) of the Carribean Basin Economic Recovery Act 
(19 U.S.C. 2703(b)(2)(A)) is amended as follows:
            (1) Clause (i) is amended by striking the matter preceding 
        subclause (I) and inserting the following:
                            ``(i) Apparel articles assembled in one or 
                        more cbtpa beneficiary countries.--Apparel 
                        articles sewn or assembled in one or more CBTPA 
                        beneficiary countries from fabrics wholly 
                        formed and cut, or from components knit to 
                        shape, in the United States from yarns wholly 
                        formed in the United States, (including fabrics 
                        not formed from yarns, if such fabrics are 
                        classifiable under heading 5602 or 5603 of the 
                        HTS and are wholly formed and cut in the United 
                        States) that are--''.
            (2) Clause (ii) is amended to read as follows:
                            ``(ii) Apparel articles cut and assembled 
                        in one or more cbtpa beneficiary countries.--
                        Apparel articles cut in one or more CBTPA 
                        beneficiary countries from fabric wholly formed 
                        in the United States, including from components 
                        knit to shape in the United States, from yarns 
                        wholly formed in the United States (including 
                        fabrics not formed from yarns, if such fabrics 
                        are classifiable under heading 5602 or 5603 of 
                        the HTS and are wholly formed in the United 
                        States), if such articles are assembled in one 
                        or more such countries with thread formed in 
                        the United States.''.
            (3) Clause (iii) is amended--
                    (A) by striking ``(other than socks provided for in 
                heading 6115 of the HTS)'';
                    (B) in division (aa), by striking ``; and'' and 
                inserting ``, and'';
                    (C) in division (bb), by striking the period at the 
                end and inserting a comma; and
                    (D) by adding at the end the following flush 
                phrase:
                        ``except that knit-to-shape socks and hosiery 
                        provided for in heading 6115 of the HTS are not 
                        subject to the amount set forth in this 
                        subclause.''.
                                 &lt;all&gt;

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