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A bill to require a license for the reexport to an entity on the entity list of certain foreign-made items incorporating more than 10 percent of controlled United States-origin content.

2/9/2022, 1:11 AM

Congressional Summary of S 3316

This bill requires the Department of Commerce to reduce from 25% to 10% the amount of U.S.-origin components in a foreign-produced good that is exported to a company on the entity list (i.e., a company that is subject to specific license requirements for exports).

Current Status of Bill S 3316

Bill S 3316 is currently in the status of Bill Introduced since February 13, 2020. Bill S 3316 was introduced during Congress 116 and was introduced to the Senate on February 13, 2020.  Bill S 3316's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of February 13, 2020

Bipartisan Support of Bill S 3316

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3316

Primary Policy Focus

Foreign Trade and International Finance

Potential Impact Areas

- Administrative law and regulatory procedures
- Computers and information technology
- Department of Commerce
- Licensing and registrations
- Trade restrictions

Alternate Title(s) of Bill S 3316

A bill to require a license for the reexport to an entity on the entity list of certain foreign-made items incorporating more than 10 percent of controlled United States-origin content.
A bill to require a license for the reexport to an entity on the entity list of certain foreign-made items incorporating more than 10 percent of controlled United States-origin content.

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