H.R.6148 - Trade Agreement Benchmarks and Accountability Act110th Congress (2007-2008)
|Sponsor:||Rep. DeFazio, Peter A. [D-OR-4] (Introduced 05/22/2008)|
|Committees:||House - Rules; Ways and Means|
|Latest Action:||06/09/2008 Referred to the Subcommittee on Trade.|
This bill has the status Introduced
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Subject — Policy Area:
- Foreign Trade and International Finance
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Summary: H.R.6148 — 110th Congress (2007-2008)All Bill Information (Except Text)
Introduced in House (05/22/2008)
Trade Agreement Benchmarks and Accountability Act - Subjects bills implementing trade agreements to a point of order in both the Senate and the House of Representatives unless certain conditions are met.
Withdraws congressional approval of a bill implementing a trade agreement if a report by the International Trade Commission (ITC) indicates that certain benchmarks and predictions made with respect to an agreement are not being met unless a joint resolution waiving such benchmarks and predictions is enacted by Congress. Describes the benchmarks as analyses of the following effects of the agreement: (1) resulting job creation and job losses; (2) resulting improvement in wages for U.S. workers; (3) implementation and enforcement of the labor and environmental standards by each country that is a party to the agreement; and (4) the extent to which the agreement will result in an increase in access by U.S. businesses to the market of each country that is a party to the agreement, particularly those sectors identified by the U.S. Trade Representative (USTR) as of special importance.