Trade Promotion Act of 2001

Summary

Trade Promotion Act of 2001 - Sets forth the principal U.S. trade negotiating objectives (generally similar to the principal Omnibus Trade and Competitiveness Act of 1988 (OTCA) negotiating objectives) regarding trade barriers, trade in services, agriculture, foreign investment, intellectual property, electronic commerce and information technologies, worker rights, the environment, trade agreement enforcement, dispute settlement, unfair trade practices, improvement of the World Trade Organization (WTO) and other multilateral trade agreements, transparency, and regulatory competition. Urges the President to ensure that trade agreements complement and reinforce specified other policy goals. Sets forth the authority of the President (generally similar to the authority under (OTCA)) to enter into trade agreements with foreign countries regarding tariff and non-tariff barriers. States that a trade agreement may be entered into (before December 31, 2005; or December 31, 2007, if trade negotiating authority is extended by Congress; or December 31, 2009, if a second extension is approved) only if it makes progress in meeting the principal trade negotiating objectives, and the President satisfies certain congressional notification and consultation requirements set forth in this Act. Applies trade agreement approval procedures (fast-track procedures) to bills implementing trade agreements only if they consist of provisions: (1) approving a trade agreement entered into under this Act and the statement of proposed implementing administrative action; (2) necessary to implement such agreement; (3) necessary for compliance with the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act); and (4) relating to certain points of order in the Senate. Prohibits implementing bills from containing any provision that changes the health, safety, labor, environmental, or essential security laws or standards of the United States. Authorizes both Houses of Congress to adopt, within 60 days of each other, a procedural disapproval resolution denying trade agreement approval procedures to any trade agreement if the President has failed or refused to notify or consult with Congress about it. Exempts from the notice and consultation requirements of this Act any tariff or non-tariff agreement (including the application of trade agreement approval procedures to such agreement) which results from negotiations commenced before enactment of this Act: (1) under the auspices of the World Trade Organization (WTO) regarding trade in information technology products; (2) pursuant to a Uruguay Round Agreement; (3) with Chile, Singapore, Australia, or New Zealand; or (4) to achieve a free trade area of the Americas.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 26 June 2001

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 26 June 2001

   Introduced

   Sponsor introductory remarks on measure. (CR S6927-6928)

   Source: IntroReferral

3. 26 June 2001

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 26 June 2001 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 26 June 2001

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 26 June 2001

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in Senate

  summary · EN · 26 June 2001

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Graham, Bob [D-FL] · D · Sponsor
• Sen. Murkowski, Frank H. [R-AK] · R · Sponsor
• Sen. Gramm, Phil [R-TX] · R · Sponsor
• Sen. Nickles, Don [R-OK] · R · Sponsor
• Sen. Thompson, Fred [R-TN] · R · Sponsor
• Sen. Kyl, Jon [R-AZ] · R · Sponsor
• Sen. Hagel, Chuck [R-NE] · R · Sponsor
• Sen. Roberts, Pat [R-KS] · R · Sponsor
• Sen. Chafee, Lincoln [R-RI] · R · Sponsor
• Sen. DeWine, Mike [R-OH] · R · Cosponsor
• Sen. Allen, George [R-VA] · R · Cosponsor
• Sen. Lott, Trent [R-MS] · R · Cosponsor
• Sen. Fitzgerald, Peter [R-IL] · R · Cosponsor
• Sen. Thomas, Craig [R-WY] · R · Cosponsor
• Sen. Cochran, Thad [R-MS] · R · Cosponsor
• · ssfi00 · Standing

Related records

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