H.R. 7014 · 110th Congress
NAFTA Modernization Trade Negotiating Authority Act
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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NAFTA Modernization Trade Negotiating Authority Act - Requires that any renegotiation of the North American Free Trade Agreement (NAFTA) resulting in any new trade agreement with Canada, Mexico, or both to: (1) meet the standards established in the areas of labor and environment, dispute settlement, intellectual property, services, foreign investment, and…
What it does: CRS summary · Introduced in House · Sep 23, 2008
NAFTA Modernization Trade Negotiating Authority Act - Requires that any renegotiation of the North American Free Trade Agreement (NAFTA) resulting in any new trade agreement with Canada, Mexico, or both to: (1) meet the standards established in the areas of labor and environment, dispute settlement, intellectual property, services, foreign investment, and agriculture of trade agreements negotiated under the Bipartisan Trade Promotion Authority Act of 2002; and (2) take into account specified U.S. domestic objectives set out in this Act, including protection of health and safety, security, environmental, consumer, and employment opportunity interests.
Authorizes the President before August 1, 2009, to enter into a trade agreement with such countries to: (1) reduce or eliminate a duty, restriction, barrier, or other distortion of trade that unduly burdens or restricts U.S. trade or adversely affects the U.S. economy; or (2) prohibit, or limit the imposition of, such barrier or other distortion.
Sets forth congressional notification and consultation requirements for implementation of any trade agreement.
Directs the chairman of the Committee on Ways and Means of the House of Representatives and the chairman of the Committee on Finance of the Senate, within 30 days after the convening of each Congress, to convene the Congressional Oversight Group. Requires the United States Trade Representative (USTR) to develop written guidelines to facilitate the useful and timely exchange of information between the USTR and the Group, particularly for the closest practicable coordination between them at all critical periods during NAFTA renegotiations.
Requires the President to submit to Congress a plan for implementing and enforcing any agreement.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: NAFTA Modernization Trade Negotiating Authority Act
Latest action (Sep 23, 2008): Referred to the Committee on Ways and Means, and in addition to the Committees on Rules, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Policy area: Foreign Trade and International Finance · Origin: House · Introduced: Sep 23, 2008
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.