Publisher's Synopsis
Excerpt from H. R. 2431 (Designating the Charles E. Bennett Federal Building, Jacksonville, Fl); H. R. 2559 (Designating the Richard Bolling Federal Building, Kansas City, Mo); H. R. 2555 (Designating the Potter Stewart United States Courthouse, Cincinnati, Oh): H. R. 2532 (Designating the George H. Mahon Federal Building and United States Courthouse, Lubbock, Tx); H. R. 2223 (Designating the A. Maceo Smith Federal Building, Dallas, Tx)
AS the United States' economy is struggling to reinvigorate itself, it is important that us. Businesses be given an equal chance to compete for American tax dollars. The Buy American Act gives preference to domestic end products in Federal procurements. The Trade Agreements Act of 1979 allows for freer trade for signatory countries and provides for sanctions for those countries which dis criminate against American products.
Both of these laws have definitions regarding the origin of a product. However, these definitions are not the same and have caused confusion and concern in the Federal procurement arena. Contracting officers are forced to interpret and grapple with com plex and often con?icting regulations and standards. Mistakes have been made, and American businesses have been hurt.
The subcommittee will examine the development of both of these laws and analyze the con?icting Rules of Origin. As a further step, the subcommittee may, in the future, if necessary, consider a legis lative remedy.
I would like to at this time move forward and welcome the fine Ranking Member of the Appropriations Subcommittee on Treasury, Postal Service, the Honorable Jim Lightfoot from Iowa.
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