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Haiti Economic Lift Program Extension Act of 2023

Source: Congress.gov  ·  445 words in original text
This bill extends a special trade program that allows certain products from Haiti to enter the United States without import taxes (known as duty-free treatment). The bill keeps this benefit available through September 30, 2035, instead of letting it end sooner.
Businesses that import apparel and other products from Haiti into the United States. Haiti's economy and workers who produce goods for export.
• The duty-free treatment for Haiti imports stays in effect until September 30, 2035 (Sec. 2(h)) • Products from Haiti must use materials that are at least 60 percent Haitian-made or regionally made during the period from December 20, 2017 through September 30, 2035 (Sec. 2(b)(1)(i)) • Haiti's apparel imports can receive preferential treatment up to 1.25 percent of all apparel articles imported into the United States during the most recent 12-month period (Sec. 2(b)(1)(ii))
The bill changes when the special Haiti trade program ends. Instead of ending after a fixed number of years, the program now continues through September 30, 2035. The bill also updates the rules for how much of a product must be made in Haiti or the region to qualify for duty-free treatment.
"Applicable percentage" means 60 percent or more of product content that originates from Haiti or the Caribbean region (Sec. 2(b)(1)(i))
Not specified in bill text
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.