shall not be subject to challenge under the dis-
pute resolution mechanism established under 
this agreement, unless the primary purpose of 
the law is to discriminate with respect to mar-
ket access.’’. 
(14) FEDERALISM.—The trade agreement may 
only require a State government in the United 
States to comply with procurement, investment, or 
services provisions contained in the trade agreement 
if the State government has been consulted in full 
and has given explicit consent to be bound by such 
provisions. 
(15) TAXATION.—Each agreement shall provide 
for border tax equity for United States producers 
and United States exporters in the assessment and 
rebate of indirect taxes (such as consumption and 
sales taxes), including by— 
(A) prohibiting the imposition of such 
taxes on United States exports when imported 
in excess of the level of such taxes applied at 
the border by the United States to imports 
from parties to the trade agreement, or 
(B) prohibiting the rebate of taxes on ex-
ports in amounts in excess of any such taxes re-
bated by the United States on United States 
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exports in excess of any such taxes rebated by 
the United States, 
or by adopting measures under both subparagraphs 
(A) and (B). 
SEC. 5. RENEGOTIATION OF EXISTING TRADE AGREE-
MENTS. 
(a) PLAN.—The President shall, at the times speci-
fied under subsection (b), submit to the Congress a plan 
for renegotiating each trade agreement that is in effect 
on the date of the enactment of this Act to bring the trade 
agreement into compliance with the requirements of sec-
tion 4(b). 
(b) TIMING.—The plan under subsection (a) shall be 
submitted not later than 90 days before the earlier of the 
day on which the President— 
(1) initiates negotiations with a foreign country 
with respect to the trade agreement being renegoti-
ated; or 
(2) submits a bill to Congress to implement the 
revised trade agreement. 
SEC. 6. ESTABLISHMENT OF CONGRESSIONAL TRADE 
AGREEMENT REVIEW COMMITTEE. 
(a) ESTABLISHMENT.—There is established a Con-
gressional Trade Agreement Review Committee (in this 
section referred to as the ‘‘Committee’’). 
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(b) FUNCTIONS.— 
(1) IN GENERAL.—The Committee— 
(A) shall receive the reports of the Comp-
troller General of the United States submitted 
to the Committee under section 3(a)(1)(B); 
(B) shall review the plan for renegotiation 
of trade agreements submitted by the President 
under section 5; and 
(C) may, not later than 60 days after re-
ceiving the plan described in subparagraph (B), 
taking into account the reports of the Comp-
troller General referred to in subparagraph (A), 
add items for renegotiation to the plan, reject 
recommendations in the plan, or otherwise 
amend the plan. 
(2) ACTION
BY
VOTE.—Action by the Com-
mittee under paragraph (1)(C) requires a vote of 2⁄3 
of the Members of the Committee. 
(c) APPOINTMENT AND MEMBERSHIP.—The Com-
mittee shall be composed of the chair and ranking mem-
bers of the following: 
(1) The Committee on Agriculture of the House 
of Representatives. 
(2) The Committee on Education and Labor of 
the House of Representatives. 
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(3) The Committee on Energy and Commerce 
of the House of Representatives. 
(4) The Committee on Financial Services of the 
House of Representatives. 
(5) The Committee on Natural Resources of the 
House of Representatives. 
(6) The Committee on Ways and Means of the 
House of Representatives. 
(7) The Committee on Agriculture, Nutrition, 
and Forestry of the Senate. 
(8) The Committee on Banking, Housing, and 
Urban Affairs of the Senate. 
(9) The Committee on Commerce, Science, and 
Transportation of the Senate. 
(10) The Committee on Energy and Natural 
Resources of the Senate. 
(11) The Committee on Environment and Pub-
lic Works of the Senate. 
(12) The Committee on Finance of the Senate. 
(13) The Committee on Health, Education, 
Labor, and Pensions of the Senate. 
SEC. 7. SENSE OF CONGRESS ON IMPROVING THE PROCESS 
FOR UNITED STATES TRADE NEGOTIATIONS. 
It is the sense of the Congress that if Congress con-
siders legislation to provide for special procedures for the 
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consideration of bills to implement trade agreements, that 
legislation should include— 
(1) readiness criteria for the President to use in 
determining whether a country— 
(A) is able to meet its obligations under a 
trade agreement; 
(B) meets the requirements described in 
section 3(c); and 
(C) is an appropriate country with which 
to enter into a trade agreement; 
(2) a process by which the Committee on Fi-
nance of the Senate and the Committee on Ways 
and Means of the House of Representatives review 
the determination of the President described in 
paragraph (1) to verify that the country meets the 
criteria; 
(3) requirements for consultation with Congress 
during trade negotiations that require more frequent 
consultations than required by the Bipartisan Trade 
Promotion Authority Act of 2002 (19 U.S.C. 3801 
et seq.), including a process for consultation with 
any committee of Congress with jurisdiction over 
any area covered by the negotiations; 
(4) binding negotiating objectives and require-
ments outlining what must and must not be included 
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in a trade agreement, including the requirements de-
scribed in section 4(b); 
(5) a process for review and certification by the 
Congress to ensure that the negotiating objectives 
described in paragraph (4) have been met during the 
negotiations; 
(6) a process— 
(A) by which a State may give informed 
consent to be bound by nontariff provisions in 
a trade agreement that relate to investment, the 
service sector, and procurement; and 
(B) that prevents a State from being 
bound by the provisions described in subpara-
graph (A) if the State has not consented; and 
(7) a requirement that a trade agreement be 
approved by a majority vote in both Houses of Con-
gress before the President may sign the trade agree-
ment. 
Æ 
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