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(ii) the implementing bill is enacted
into law.
(B) IMPLEMENTING
BILL.—The imple-
menting bill referred to in subparagraph (A)
shall contain only those provisions that are nec-
essary or appropriate to implement an extension
of the provisions of section 771(5B) (B), (C),
(D), and (E) of the Tariff Act of 1930 as in
effect on the day before the date of the enact-
ment of the implementing bill or as modified to
reflect the determination of the Subsidies Com-
mittee to extend Articles 6.1, 8, and 9 of the
Subsidies Agreement.
(C) SUPPORTING INFORMATION.—The sup-
porting information required under subpara-
graph (A)(i)(III) consists of—
(i) an explanation as to how the im-
plementing bill and proposed administra-
tive action will change or affect existing
law; and
(ii) a statement regarding—
(I) how the extension serves the
interests of United States commerce,
and
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(II) why the implementing bill
and proposed administrative action is
required or appropriate to carry out
the extension.
(4) APPLICATION
OF
CONGRESSIONAL ‘‘FAST
TRACK’’ PROCEDURES
TO
IMPLEMENTING
BILL.—
Section 151 of the Trade Act of 1974 (19 U.S.C.
2191) is amended—
(A) in subsection (b)(1)—
(i) by inserting ‘‘, or with respect to
an extension described in section 282(c)(3)
of the Uruguay Round Agreements Act,’’
after ‘‘trade agreements’’,
(ii) by striking ‘‘or section 1103(a)(1)
of the Omnibus Trade and Competitiveness
Act of 1988’’ and inserting ‘‘, section
1103(a)(1) of the Omnibus Trade and
Competitiveness Act of 1988, or section
282 of the Uruguay Round Agreements
Act’’, and
(iii) by inserting ‘‘or such extension’’
in subparagraphs (A) and (C) after
‘‘agreements’’ each place it appears, and
(B) in subsection (c)(1)—
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(i) by inserting ‘‘or section 282 of the
Uruguay Round Agreements Act’’ after
‘‘section 102’’, and
(ii) by inserting ‘‘or extension’’ after
‘‘agreement’’ each place it appears.
(5) REPORT
BY
THE
TRADE
REPRESENTA-
TIVE.—Not later than the date referred to in section
771(5B)(G)(i) of the Tariff Act of 1930, the Trade
Representative shall submit to the Congress a report
setting forth the provisions of law which were en-
acted to implement Articles 6.1, 8, and 9 of the Sub-
sidies Agreement and should be repealed or modified
if such provisions are not extended.
(d) REVIEW OF THE OPERATION OF THE SUBSIDIES
AGREEMENT.—The Secretary of Commerce, in consulta-
tion with other appropriate departments and agencies of
the Federal Government, shall undertake an ongoing re-
view of the operation of the Subsidies Agreement. The re-
view shall address—
(1) the effectiveness of part II of the Subsidies
Agreement in disciplining the use of subsidies which
are prohibited under Article 3 of the Agreement,
(2) the effectiveness of part III and, in particu-
lar, Article 6.1 of the Subsidies Agreement, in rem-
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edying the adverse effects of subsidies which are ac-
tionable under the Agreement, and
(3) the extent to which the provisions of part
IV of the Subsidies Agreement may have under-
mined the benefits derived from other parts of the
Agreement, and, in particular—
(A) the extent to which WTO member
countries have cooperated in reviewing and im-
proving the operation of part IV of the Sub-
sidies Agreement,
(B) the extent to which the provisions of
Articles 8.4 and 8.5 of the Subsidies Agreement
have been effective in identifying and remedying
violations of the conditions and criteria de-
scribed in Article 8.2 of the Agreement, and
(C) the extent to which the provisions of
Article 9 of the Subsidies Agreement have been
effective in remedying the serious adverse ef-
fects of subsidy programs described in Article
8.2 of the Agreement.
Not later than 4 years and 6 months after the date
of the enactment of this Act, the Secretary of Com-
merce shall submit to the Congress a report on the
review required under this subsection.
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SEC. 283. AMENDMENTS TO TITLE VII OF THE TARIFF ACT
OF 1930.
(a) PRELIMINARY DETERMINATION BY ADMINISTER-
ING AUTHORITY.—Section 703(b) of the Tariff Act of
1930 (19 U.S.C. 1671b(b)), as amended, is amended by
adding at the end the following new paragraph:
‘‘(5) NOTIFICATION
OF
ARTICLE
VIOLA-
TION.—If the only subsidy under investigation is a
subsidy with respect to which the administering au-
thority received notice from the Trade Representa-
tive of a violation of Article 8 of the Subsidies
Agreement, paragraph (1) shall be applied by sub-
stituting ‘60 days’ for ‘65 days’.’’.
(b) SUBSIDY PRACTICE DISCOVERED DURING A PRO-
CEEDING.—Section 775 of the Tariff Act of 1930 (19
U.S.C. 1677d) is amended to read as follows:
‘‘SEC. 775. COUNTERVAILABLE SUBSIDY PRACTICES DIS-
COVERED DURING A PROCEEDING.
‘‘If, in the course of a proceeding under this title,
the administering authority discovers a practice which ap-
pears to be a countervailable subsidy, but was not included
in the matters alleged in a countervailing duty petition,
or if the administering authority receives notice from the
Trade Representative that a subsidy or subsidy program
is in violation of Article 8 of the Subsidies Agreement,
then the administering authority—