(3) WAIVER OF 15-DAY RESTRICTION.—The 15-
day restriction in paragraph (2) on the taking effect
of proclaimed actions is waived to the extent that
the application of such restriction would prevent the
taking effect on the date the Agreement enters into
force of any action proclaimed under this section.
(b) INITIAL REGULATIONS.—Initial regulations nec-
essary or appropriate to carry out the actions required by
or authorized under this Act or proposed in the statement
of 
administrative 
action 
submitted 
under 
section
101(a)(2) to implement the Agreement shall, to the max-
imum extent feasible, be issued within 1 year after the
date on which the Agreement enters into force. In the case
of any implementing action that takes effect on a date
after the date on which the Agreement enters into force,
initial regulations to carry out that action shall, to the
maximum extent feasible, be issued within 1 year after
such effective date.
SEC. 104. CONSULTATION AND LAYOVER PROVISIONS FOR,
AND EFFECTIVE DATE OF, PROCLAIMED AC-
TIONS.
If a provision of this Act provides that the implemen-
tation of an action by the President by proclamation is
subject to the consultation and layover requirements of
this section, such action may be proclaimed only if—
(1) the President has obtained advice regarding
the proposed action from—
(A) the appropriate advisory committees
established under section 135 of the Trade Act
of 1974 (19 U.S.C. 2155); and
(B) the United States International Trade
Commission;
(2) the President has submitted to the Com-
mittee on Finance of the Senate and the Committee
on Ways and Means of the House of Representatives
a report that sets forth—
(A) the action proposed to be proclaimed
and the reasons therefor; and
(B) the advice obtained under paragraph
(1);
(3) a period of 60 calendar days, beginning on
the first day on which the requirements set forth in
paragraphs (1) and (2) have been met has expired;
and
(4) the President has consulted with such Com-
mittees regarding the proposed action during the pe-
riod referred to in paragraph (3).
SEC. 105. ADMINISTRATION OF DISPUTE SETTLEMENT PRO-
CEEDINGS.
(a) ESTABLISHMENT OR DESIGNATION OF OFFICE.—
The President is authorized to establish or designate with-
in the Department of Commerce an office that shall be
responsible for providing administrative assistance to pan-
els established under chapter 20 of the Agreement. The
office may not be considered to be an agency for purposes
of section 552 of title 5, United States Code.
(b) AUTHORIZATION
OF APPROPRIATIONS.—There
are authorized to be appropriated for each fiscal year after
fiscal year 2004 to the Department of Commerce such
sums as may be necessary for the establishment and oper-
ations of the office under subsection (a) and for the pay-
ment of the United States share of the expenses of panels
established under chapter 20 of the Agreement.
SEC. 106. ARBITRATION OF CLAIMS.
The United States is authorized to resolve any claim
against 
the 
United 
States 
covered 
by 
article
10.15.1(a)(i)(C) or article 10.15.1(b)(i)(C) of the Agree-
ment, pursuant to the Investor-State Dispute Settlement
procedures set forth in section B of chapter 10 of the
Agreement.
SEC. 107. EFFECTIVE DATES; EFFECT OF TERMINATION.
(a) EFFECTIVE DATES.—Except as provided in sub-
section (b), the provisions of this Act and the amendments
made by this Act take effect on the date the Agreement
enters into force.
(b) EXCEPTIONS.—Sections 1 through 3 and this
title take effect on the date of the enactment of this Act.
(c) TERMINATION
OF
THE AGREEMENT.—On the
date on which the Agreement terminates, the provisions
of this Act (other than this subsection) and the amend-
ments made by this Act shall cease to be effective.
TITLE II—CUSTOMS PROVISIONS
SEC. 201. TARIFF MODIFICATIONS.
(a) TARIFF MODIFICATIONS PROVIDED FOR IN THE
AGREEMENT.—
(1) PROCLAMATION
AUTHORITY.—The Presi-
dent may proclaim—
(A) such modifications or continuation of
any duty,
(B) such continuation of duty-free or ex-
cise treatment, or
(C) such additional duties,
as the President determines to be necessary or ap-
propriate to carry out or apply articles 2.3, 2.5, 2.6,
4.1, 4.3.9, 4.3.10, 4.3.11, 4.3.13, 4.3.14, and 4.3.15,
and Annex IV of the Agreement.
(2) EFFECT ON MOROCCAN GSP STATUS.—Not-
withstanding section 502(a)(1) of the Trade Act of