Softwood Lumber Fair Competition Act

Softwood Lumber Fair Competition Act - Directs the President to impose quotas, tariff surcharges, negotiated enforceable voluntary export restraint agreements, or other measures on imports of Canadian softwood lumber products to ensure that the volume of such products during any month does not exceed the average volume of such import that was imported monthly during the 24-month period preceding December 1995. Directs the Secretary of the Treasury and the Secretary of Commerce to implement a program for administering and enforcing such import restrictions. Authorizes the President to waive such restrictions provided certain conditions have been met.