Amendment authorized the Secretary of State to award contracts to domestic firms, which under normal competitive procedures would be awarded to foreign firms, when the final product of the domestic firm would be completely assembled in the United States with 50% of the final product produced domestically, and no more than a 6% difference existed between the foreign and domestic bids.

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Amendment Number
24
Description
Amendment authorized the Secretary of State to award contracts to domestic firms, which under normal competitive procedures would be awarded to foreign firms, when the final product of the domestic firm would be completely assembled in the United States with 50% of the final product produced domestically, and no more than a 6% difference existed between the foreign and domestic bids.
Purpose
An amendment authorizing the Secretary of Commerce to award contracts to domestic firms which, under normal competitive procedures, would be awarded to a foreign firm if the final product of the domestic firm is completely assembled in the United States and not less than 50 percent of the final product will be domestically produced and if the difference between the competitive bids is not more than 6 percent.
Congress
101
Type
HAMDT
Latest Action Date
Apr 12, 1989
Latest Action Text
On agreeing to the Traficant amendment (A015) Agreed to by voice vote.
Latest Action Time
15:04:35
Submitted Date
Apr 12, 1989
Chamber
House of Representatives
Update Date
Jul 1, 2021
Amendment 24 — Informed