Calendar No. 104

103D CONGRESS

1ST SESSION S. 1003

[Report No. 103–66]

A BILL

To provide authority for the President to enter into

implementing such agreements.Congressional ‘‘fast track’’ procedures to a billity to carry out such agreements, and to applyand Trade, to extend tariff proclamation authorthe auspices of the General Agreement on TariffsRound of multilateral trade negotiations undertrade agreements to conclude the Uruguay

JUNE 23 (legislative day, JUNE 22), 1993

Reported without amendent
II

Calendar No. 104

103D CONGRESS

1ST SESSION S. 1003

[Report No. 103–66]

To provide authority for the President to enter into trade agreements to

conclude the Uruguay Round of multilateral trade negotiations under

the auspices of the General Agreement on Tariffs and Trade, to extend

tariff proclamation authority to carry out such agreements, and to apply

Congressional ‘‘fast track’’ procedures to a bill implementing such agreements.

IN THE SENATE OF THE UNITED STATES

MAY 20 (legislative day, APRIL 19), 1993

Mr. MOYNIHAN (for himself, Mr. PACKWOOD, Mr. ROCKEFELLER, and Mr.

CHAFEE) introduced the following bill; which was read twice and referred

to the Committee on Finance

JUNE 23 (legislative day, JUNE 22), 1993

Reported by Mr. MOYNIHAN, without amendment

A BILL

To provide authority for the President to enter into trade

agreements to conclude the Uruguay Round of multilateral trade negotiations under the auspices of the General

Agreement on Tariffs and Trade, to extend tariff proclamation authority to carry out such agreements, and to

apply Congressional ‘‘fast track’’ procedures to a bill

implementing such agreements.
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•S 1003 RS

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,

3 SECTION 1. EXTENSION OF URUGUAY ROUND TRADE

4 AGREEMENT NEGOTIATING AND PROCLAMA5 TION AUTHORITY AND OF ‘‘FAST TRACK’’ PRO6 CEDURES TO IMPLEMENTING LEGISLATION.

7 Section 1102 of the Omnibus Trade and Competitive8 ness Act of 1988 (19 U.S.C. 2902) is amended by insert9 ing at the end the following new subsection:

10 ‘‘(e) SPECIAL PROVISIONS REGARDING URUGUAY

11 ROUND TRADE NEGOTIATIONS.—

12 ‘‘(1) IN GENERAL.—Notwithstanding the time

13 limitations in subsections (a) and (b), if the Uru14 guay Round of multilateral trade negotiations under

15 the auspices of the General Agreement on Tariffs

16 and Trade has not resulted in trade agreements by

17 May 31, 1993, the President may, during the period

18 after May 31, 1993, and before April 16, 1994,

19 enter into, under subsections (a) and (b), trade

20 agreements resulting from such negotiations.

21 ‘‘(2) APPLICATION OF TARIFF PROCLAMATION

22 AUTHORITY.—No proclamation under subsection (a)

23 to carry out the provisions regarding tariff barriers

24 of a trade agreement that is entered into pursuant

25 to paragraph (1) may take effect before the effective
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•S 1003 RS

1 date of a bill that implements the provisions regard2 ing nontariff barriers of a trade agreement that is

3 entered into under such paragraph.

4 ‘‘(3) APPLICATION OF IMPLEMENTING AND

5 ‘FAST TRACK’ PROCEDURES.—Section 1103 applies

6 to any trade agreement negotiated under subsection

7 (b) pursuant to paragraph (1), except that—

8 ‘‘(A) in applying subsection (a)(1)(A) of

9 section 1103 to any such agreement, the phrase

10 ‘at least 120 calendar days before the day on

11 which he enters into the trade agreement (but

12 not later than December 15, 1993),’ shall be

13 substituted for the phrase ‘at least 90 calendar

14 days before the day on which he enters into the

15 trade agreement’; and

16 ‘‘(B) no provision of subsection (b) of sec17 tion 1103 other than paragraph (1)(A) applies

18 to any such agreement and in applying such

19 paragraph, ‘April 16, 1994;’ shall be sub20 stituted for ‘June 1, 1991;’.

21 ‘‘(4) ADVISORY COMMITTEE REPORTS.—The re22 port required under section 135(e)(1) of the Trade

23 Act of 1974 regarding any trade agreement provided

24 for under paragraph (1) shall be provided to the

25 President, the Congress, and the United States
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1 Trade Representative not later than 30 days after

2 the date on which the President notifies the Con3 gress under section 1103(a)(1)(A) of his intention to

4 enter into the agreement (but before January 15,

5 1994).’’.