Current Status Bill Number:
3642Type of Legislation: Concurrent Resolution CRIntroducing Body: HouseIntroduced Date: 19950221Primary Sponsor: Koon,All Sponsors: Koon, Gamble, Knotts, Riser, Spearman, Stuart and WrightDrafted Document Number: GJK\21451SD.95Residing Body: SenateCurrent Committee: Labor, Commerce and Industry Committee 12 SLCISubject: Velvet Market
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ Senate 19950330 Introduced, referred to Committee 12 SLCI House 19950329 Adopted, sent to Senate House 19950323 Committee report: Favorable 24 HIMR House 19950221 Introduced, referred to Committee 24 HIMRView additional legislative information at the LPITS web site.
March 23, 1995
Introduced by REPS. Koon, Gamble, Knotts, Riser, Spearman, Stuart and Wright
S. Printed 3/23/95--H.
Read the first time February 21, 1995.
To whom was referred a Concurrent Resolution (H. 3642), memorializing the Congress of the United States to take immediate action to stop the dumping into the American Market, etc., respectfully
That they have duly and carefully considered the same, and recommend that the same do pass:
RICHARD M. QUINN, JR., for Committee.
MEMORIALIZING THE CONGRESS OF THE UNITED STATES TO TAKE IMMEDIATE ACTION TO STOP THE DUMPING INTO THE AMERICAN MARKET OF VELVET IMPORTED FROM OTHER COUNTRIES AND TO REQUEST THE CONGRESS TO EXTEND THE IMPORTED VELVET DUTY TAX WHICH IS TO EXPIRE AT THE END OF 1996.
Whereas, it has come to the attention of the members of the General Assembly that vast quantities of cheaply produced velvet are being imported into the United States from overseas including such countries as South Korea; and
Whereas, while it is true that velvet can be produced in these countries at competitive prices, it is an unfair trade practice for foreign producers to sell velvet in this country far below its market price and possibly its production price in an attempt to force United States manufacturers out of business; and
Whereas, in recent years United States velvet manufacturers, with the assistance of federal and state officials, have been partially successful in limiting the amount of imported velvet which may be shipped into this country; and
Whereas, domestic velvet producers can compete with foreign producers provided that foreign producers adhere to the laws of this country which prohibit the practice of "dumping"; and
Whereas, there is also presently an imported velvet duty tax which is scheduled to expire at the end of 1996, and an extension of this tax would substantially help in bringing balance to the United States velvet market; and
Whereas, if steps are not taken to immediately deal with this problem, all competition in the velvet industry could be eliminated to the detriment of American consumers as American manufacturers are forced out of the marketplace. Now, therefore,
Be it resolved by the House of Representatives, the Senate concurring:
That the members of the General Assembly, by this resolution, hereby memorialize the Congress of the United States to take immediate action to stop the dumping into the American market of velvet imported from other countries and request the Congress to extend the imported velvet duty tax which is to expire at the end of 1996.
Be it further resolved that copies of this resolution be forwarded to the President of the United States Senate; the Speaker of the United States House of Representatives; and all members of the South Carolina Congressional Delegation in Washington, D.C.