SENATE
HOUSE
JOINT
BILL STATUS
STATE LAW
REPORTS
EDUCATIONAL
CONTACT
home
home
Introduced Version Senate Bill 414 History

   |  Email
Key: Green = existing Code. Red = new code to be enacted


Senate Bill No. 414

(By Senators Bowman, Kessler, Edgell, McKenzie, Unger and Plymale)

____________

[Introduced March 6, 2001; referred to the Select Committee on Economic Development.]

____________




A BILL to amend article eleven-a, chapter forty-seven of the code of West Virginia, one thousand nine hundred thirty-one, as amended, by adding thereto a new section, designated section fifteen, relating to unfair trade practices; and making it unlawful to injure a person by importing or selling articles in the United States below market value or wholesale price in the country of production or other foreign countries to which the articles are commonly exported.

Be it enacted by the Legislature of West Virginia:
That article eleven-a, chapter forty-seven of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be amended by adding thereto a new section, designated section fifteen, to read as follows:
ARTICLE 11A. UNFAIR TRADE PRACTICES.

§47-11A-15. Injuring another by importing or selling imported articles at below foreign market value or wholesale price prohibited; cause of action provided.

(a) It is unlawful for any person, partnership, firm, corporation, joint stock company, or other entity to injure a person in this state by commonly and systematically importing, selling, or causing to be imported or sold articles within the United States at a price substantially less than the actual market value or wholesale price of the articles, at the time of exportation to the United States, in the principal markets of the country of production, or of other foreign countries to which they are commonly exported, after adding to the market value or wholesale price, freight, duty and other charges and expenses necessarily incident to the importation and sale thereof in the United States.
(b) A determination or finding by the United States International Trade Commission, pursuant to Section 705(b) of the Tariff Act of 1930, codified at 19 U.S.C. 1671d(b), that an industry in the United States is materially injured shall be conclusive evidence of injury and a violation of this section.
(c) In addition to criminal penalties as provided in section eleven of this article, any person who is a resident, employee, or otherwise doing business within this state, injured in business or property by reason of any violation of or conspiracy to violate this section, may institute an action in the circuit courts of this state, in the county in which the injured party resides or in which the injury is alleged to have occurred, for injunctive relief and damages as provided in section nine of this article, and for costs and reasonable attorney fees.



NOTE: The purpose of this bill is to provide a cause of action for injunctive relief, damages, costs and attorney fees for a person residing, working or doing business in the state and who is injured by the unlawful importation or sale in this country of foreign-made products below the value of the articles in foreign countries. Violators would also be subject to misdemeanor penalties provided by the state's Unfair Trade Practices Act.

This section is new; therefore, strike-throughs and underscoring have been omitted.

This Web site is maintained by the West Virginia Legislature's Office of Reference & Information.  |  Terms of Use  |   Email WebmasterWebmaster   |   © 2024 West Virginia Legislature **


X

Print On Demand

Name:
Email:
Phone:

Print