Haiti Economic Lift Program Extension Act of 2025

119 S742 IS: Haiti Economic Lift Program Extension Act of 2025 U.S. Senate 2025-02-26 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. II 119th CONGRESS 1st Session S. 742 IN THE SENATE OF THE UNITED STATES February 26, 2025 Mr. Cassidy (for himself, Mr. Warnock , Mr. Durbin , and Mr. Scott of Florida ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To extend duty-free treatment provided with respect to imports from Haiti under the Caribbean Basin Economic Recovery Act, and for other purposes. 1. Short title This Act may be cited as the Haiti Economic Lift Program Extension Act of 2025 . 2. Extension of special rules for Haiti under Caribbean Basin Economic Recovery Act Section 213A of the Caribbean Basin Economic Recovery Act ( 19 U.S.C. 2703a ) is amended— (1) in subsection (b)— (A) in paragraph (1)— (i) by amending subparagraph (B)(v)(I) to read as follows: (I) Applicable percentage The term applicable percentage means 60 percent or more on and after December 20, 2017. ; and (ii) by amending subparagraph (C) to read as follows: (C) Quantitative limitations The preferential treatment described in subparagraph (A) shall be extended, during each period after the initial applicable 1-year period, to not more than 1.25 percent of the aggregate square meter equivalents of all apparel articles imported into the United States in the most recent 12-month period for which data are available. ; and (B) in paragraph (2), by striking in each of the 16 succeeding 1-year periods each place it appears and inserting in any of the succeeding 1-year periods ; and (2) by amending subsection (h) to read as follows: (h) Termination The duty-free treatment provided under this section shall remain in effect until September 30, 2035. . 3. Restoration of eligibility of certain articles for preferential treatment (a) In general The President shall proclaim such modifications to the Harmonized Tariff Schedule of the United States as may be necessary to restore the eligibility of articles described in subsection (b) for preferential treatment under section 213A of the Caribbean Basin Economic Recovery Act ( 19 U.S.C. 2703a ). (b) Articles described An article described in this subsection is an article that— (1) was eligible for preferential treatment under section 213A of the Caribbean Basin Economic Recovery Act ( 19 U.S.C. 2703a ) on December 20, 2006; and (2) became ineligible for such treatment after that date and before the date of the enactment of this Act as a result of revisions to the Harmonized Tariff Schedule. (c) Effective date of proclamation A proclamation under subsection (a) shall take effect not earlier than 2 business days after the President submits to the Committee on Finance of the Senate and the Committee on Ways and Means of the House of Representatives a report on the proclamation and the reasons for the modifications to the Harmonized Tariff Schedule under the proclamation.