S. 2277 (106th): China Trade bill

S 2277 RS

To terminate the application of title IV of the Trade Act of 1974 with respect to the People’s Republic of China.

March 23, 2000

Mr. ROTH (for himself, Mr. MOYNIHAN, Mr. MURKOWSKI, Mr. THOMAS, Mrs. FEINSTEIN, Mrs. LINCOLN, Mr. BAUCUS, Mr. HAGEL, Mr. GRAMS, Mr. LIEBERMAN, Mr. ROBERTS, Mr. BREAUX, Mr. MCCONNELL, Mr. ROBB, Mr. JOHNSON, Mr. LUGAR, Mr. SMITH of Oregon, Mr. KERREY, Mr. GRAMM, Mr. BRYAN, Mr. COCHRAN, Mr. GRAHAM, Mr. INOUYE, Mr. CRAIG, Mrs. MURRAY, and Mr. CONRAD) introduced the following bill; which was read twice and referred to the Committee on Finance

May 25, 2000

Reported by Mr. ROTH, without amendment

To terminate the application of title IV of the Trade Act of 1974 with respect to the People’s Republic of China.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. TERMINATION OF APPLICATION OF TITLE IV OF THE TRADE ACT OF 1974 TO THE PEOPLE’S REPUBLIC OF CHINA (CHINA).

(a) PRESIDENTIAL DETERMINATIONS AND EXTENSION OF NONDISCRIMINATORY TREATMENT- Notwithstanding any provision of title IV of the Trade Act of 1974 (19 U.S.C. 2431 et seq.), the President may--

(1) determine that such title should no longer apply to China; and

(2) after making a determination under paragraph (1) with respect to China, proclaim the extension of nondiscriminatory treatment (normal trade relations treatment) to the products of that country.

(b) CHINA’S ACCESSION TO THE WORLD TRADE ORGANIZATION (‘WTO’)- Prior to making the determination provided for in subsection (a)(1) and pursuant to the provisions of section 122 of the Uruguay Round Agreements Act (19 U.S.C. 3532), the President shall transmit a report to Congress certifying that the terms and conditions for China’s accession to the WTO are at least equivalent to those agreed between the United States and China on November 15, 1999.

SEC. 2. EFFECTIVE DATES.

(a) The extension of nondiscriminatory treatment pursuant to section 1(a)(1) shall be effective no earlier than the effective date of China’s accession to the WTO.

(b) On and after the effective date under subsection (a) of the extension of nondiscriminatory treatment to the products of China, title IV of the Trade Act of 1974 shall cease to apply to that country.

Calendar No. 574

To terminate the application of title IV of the Trade Act of 1974 with respect to the People’s Republic of China.

May 25, 2000

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