SEC. 3. AUTHORITY TO ENTER INTO ETHANOL TRADE NE-
GOTIATIONS WITH BRAZIL. 
(a) PRINCIPAL TRADE NEGOTIATING OBJECTIVES.— 
The principal trade negotiating objectives of the United 
States for the agreement described in subsection (b) are— 
(1) to obtain open and reciprocal market access 
for trade in ethanol products between the United 
States and Brazil; 
(2) to obtain the elimination of barriers and 
distortions imposed by the national Government of 
Brazil or its state governments that are directly re-
lated to trade in ethanol and that decrease market 
opportunities for United States ethanol exports to 
Brazil; 
(3) to ensure a stable market for United States 
ethanol exports to Brazil, by obtaining a binding, en-
forceable agreement with appropriate dispute settle-
ment procedures; and 
(4) to promote energy independence and re-
gional stability by preserving existing Caribbean 
preference programs that strengthen the integrated 
hemispheric ethanol supply chain among Brazil, the 
Caribbean nations, and the United States. 
(b) AUTHORITY TO ENTER INTO NEGOTIATIONS 
WITH BRAZIL.— 
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(1) IN GENERAL.—The President is authorized 
to enter into negotiations with Brazil for the pur-
pose of concluding a trade agreement that achieves 
the trade negotiating objectives of subsection (a). 
(2) 
CONGRESSIONAL
NOTIFICATION.—The 
President shall notify the Committees on Ways and 
Means and Agriculture of the House of Representa-
tives and the Committees on Finance and Agri-
culture of the Senate in writing not later than 30 
days after commencing negotiations under para-
graph (1). 
SEC. 4. EXTENSION OF ADDITIONAL DUTY ON ETHANOL. 
(a) IN GENERAL.—Heading 9901.00.50 of the Har-
monized Tariff Schedule of the United States is amended 
by striking ‘‘1/1/2012’’ in the effective period column and 
inserting ‘‘1/1/2015’’. 
(b) EFFECTIVE DATE.—The amendment made by 
subsection (a) applies to goods entered, or withdrawn from 
warehouse for consumption, on or after the 15th day after 
the date of the enactment of this Act. 
SEC. 5. PRESIDENTIAL PROCLAMATION AUTHORITY AND 
CERTIFICATION OF AN ETHANOL OPEN MAR-
KET AGREEMENT. 
(a) IN GENERAL.—Beginning on the date on which 
submits to Congress a certification described in subsection 
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(b), and subject to the consultation and layover provisions 
of section 6, the President is authorized to proclaim the 
suspension of the extension of the additional duty on eth-
anol under heading 9901.00.50 of the Harmonized Tariff 
Schedule of the United States, as amended by section 4 
of this Act. 
(b) CERTIFICATION DESCRIBED.—The certification 
referred to in subsection (a) is a certification by the Presi-
dent that the United States has obtained an enforceable 
agreement with the Government of Brazil that eliminates 
all tariffs and nontariff barriers on imported United 
States-produced ethanol, including binding Brazil’s tariff 
rate on imports of United States ethanol at an effective 
rate of zero. 
SEC. 6. CONSULTATION AND LAYOVER PROVISIONS FOR, 
AND EFFECTIVE DATE OF, PROCLAIMED AC-
TIONS. 
The consultation and layover requirements of this 
section are that the President may proclaim an action de-
scribed in section 5 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 
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(B) the 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 for the action, including a de-
scription of how the trade negotiating objectives 
in section 3 have been met; 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 the com-
mittees referred to in paragraph (2) regarding the 
proposed action during the period referred to in 
paragraph (3). 
SEC. 7. REVIEW OF STATUS OF NEGOTIATIONS WITH 
BRAZIL ON ESTABLISHMENT OF DUTY-FREE 
TRADE IN ETHANOL. 
Not later than 180 days after the date of the enact-
ment of this Act, and every 12 months thereafter, the 
President shall submit to the Committees on Ways and 
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Means and Agriculture of the House of Representatives 
and the Committees on Finance and Agriculture of the 
Senate a report on the status of trade negotiations de-
scribed in section 3. 
SEC. 8. CONGRESSIONAL DISAPPROVAL OF PRESIDENTIAL 
CERTIFICATION. 
(a) GENERAL RULE.— 
(1) IN GENERAL.—The proclamation authority 
under section 5 shall cease to be effective if a joint 
resolution described in subsection (b) is enacted into 
law pursuant to the provisions of paragraph (2). 
(2) PROCEDURAL PROVISIONS.— 
(A) IN
GENERAL.—The requirements of 
this paragraph are met if the joint resolution 
described in subsection (b) is enacted in accord-
ance with the procedures described in sub-
section (b), and— 
(i) Congress adopts and transmits the 
joint resolution to the President before the 
end of the 90-day period (excluding any 
day described in section 154(b) of the 
Trade Act of 1974), beginning on the date 
on which the Congress receives the certifi-
cation referred to section 5; and 
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