Interviews
Lawmakers introduces Haiti Economic Lift Program
29 Apr '10
4 min read
“This bill reflects a bipartisan, bicameral compromise that balances the concerns of domestic producers with providing meaningful trade benefits for Haiti's apparel sector,” Senate Finance Committee Ranking Member Chuck Grassley said. “The legislation will help to spur investment and create jobs in Haiti and so assist that country in its long-term economic recovery from the devastating earthquake. At the same time, the legislation addresses the concerns that have been expressed by the U.S. textile industry with respect to both domestic and regional production of textiles and apparel. I hope to see the bill enacted into law as soon as possible.”
Building on the existing Haitian Opportunity through Partnership Encouragement (HOPE) program, The HELP Act will help create sustainable, good-paying jobs in Haiti's apparel industry by expanding tariff benefits for certain Haitian textile and apparel exports to the United States. Senate Finance and House Ways and Means leaders worked closely with the U.S. retail and textile industries to craft the HELP Act and both industries have expressed their support for the bill.
In February, U.S. Trade Representative Ron Kirk announced the Plus One for Haiti program, which calls on the U.S. apparel industry to source one percent of its apparel imports from Haiti. The HELP Act supports that goal by making it more cost effective for U.S. companies to import Haitian textiles and apparel.
Earlier this year, Representatives Rangel and Camp introduced legislation (H.R. 4462) to allow individuals making donations to Haitian relief to claim the deduction on their 2009 tax return. Congress also passed legislation (S. 2949) to aid American citizens returning home after the earthquake. Both bills were unanimously approved by Congress and have been signed into law.
Click here for more details
Building on the existing Haitian Opportunity through Partnership Encouragement (HOPE) program, The HELP Act will help create sustainable, good-paying jobs in Haiti's apparel industry by expanding tariff benefits for certain Haitian textile and apparel exports to the United States. Senate Finance and House Ways and Means leaders worked closely with the U.S. retail and textile industries to craft the HELP Act and both industries have expressed their support for the bill.
In February, U.S. Trade Representative Ron Kirk announced the Plus One for Haiti program, which calls on the U.S. apparel industry to source one percent of its apparel imports from Haiti. The HELP Act supports that goal by making it more cost effective for U.S. companies to import Haitian textiles and apparel.
Earlier this year, Representatives Rangel and Camp introduced legislation (H.R. 4462) to allow individuals making donations to Haitian relief to claim the deduction on their 2009 tax return. Congress also passed legislation (S. 2949) to aid American citizens returning home after the earthquake. Both bills were unanimously approved by Congress and have been signed into law.
Click here for more details
House Committee on Ways & Means
Popular News
Leave your Comments
Editor’s Pick
Therese Premler-Andersson
Textile Machinery Association of Sweden (TMAS)
Ritesh Dodhia
Dodhia Synthetics Limited
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
