A bill to provide for the waiver, under certain circumstances, of Federal regulations in order to stimulate employment in trade-impacted sectors of American industry, and to enhance the competitiveness of American industry, and for other purposes.
Trade Reform, and Job Creation, and Economic Competitiveness Act - Title I: International Trade Policy and Action - Declares that it is U.S. policy for the President to respond to actions by a foreign country that violate the rights of the United States under trade agreements by taking like or similar reciprocal actions against the products or services of that country.
Title II: Waiver of Federal Requirements to Stimulate Employment and to Promote Competitiveness - Authorizes an eligible person, within 90 days of the date the President refuses to take action with respect to a recommended action (a response recommended by the U.S. Trade Representative to an unfair trade practice), to request a Federal agency to waive temporarily any regulation: (1) that is administered by the agency; and (2) the waiver of which will result in the maintenance of, or an increase in, the level of employment in a significant number of the firms that would have benefited from the recommended action.
Defines an "eligible person" as a person representing: (1) one or more firms in a U.S. industry that would have benefited if the President had taken the recommended action; or (2) the workers in one or more such firms.
Requires the Federal agency, within 60 days of receipt of such request, to: (1) deny the waiver if it will not result in the effect anticipated by the eligible person or if it is not in the national interest; (2) grant the waiver if it will result in the desired effect and is authorized by law; or (3) send a legislative proposal to the Congress to authorize the waiver if the waiver will result in the anticipated effect but is not authorized by law. Provides for expedited consideration of such legislation.
Authorizes an eligible person, within 90 days of the President's refusal to take action on a recommended action, to request the Secretary of Commerce to waive temporarily any regulation: (1) that is administered by a Federal agency; and (2) regarding which the eligible person certifies that compliance by the eligible person with the regulation will adversely affect the competitiveness of such person in international trade. Prohibits the Secretary of Commerce from waiving such regulation unless: (1) the Secretary first consults with the appropriate Federal agency; and (2) the Secretary and the head of such agency agree on the conditions to such waiver and agree that the waiver is in the national interest. Sets a deadline for action by the Secretary of Commerce.
Title III: Relief from Import Competition and Unfair Trade through Antitrust Exemptions - Authorizes a person to apply to the Attorney General for exemption from certain antitrust laws. Requires the Attorney General to grant the exemption if: (1) the applicant is an eligible person; (2) the activities covered by the exemption are reasonably related to enhancing competition with foreign competitors to whom market share has been lost, and, considering worldwide competition, outweighs any adverse competitive impact on the domestic market; and (3) the specified action would not violate other antitrust provisions.
Defines an "eligible person" as any legal entity that is a member of an industry which: (1) the International Trade Commission found to be seriously injured or threatened with serious injury by increased imports; or (2) was included within the scope of recommended response to an unfair trade practice.
Requires the Attorney General to report to the Congress on any exemption granted under this title.
Title IV: Fair Competition in Foreign Commerce - Directs the Secretary of Commerce to prohibit a multiple customs law offender from: (1) introducing, or attempting to introduce, foreign goods or services into U.S. commerce; and (2) engaging or attempting to engage any other person to make such introduction or attempt.
Defines a "multiple customs law offender" as any person who is convicted of, or penalized for, three separate customs violations during a period of ten consecutive years.
Requires all fees collected from penalties imposed under this title to be placed in a Deficit Reduction Fund in the Treasury.
Title V: Exemption from Cargo Preference Laws for Agricultural Export Programs - Prohibits any agricultural commodity exports from being subject to certain cargo preference requirements.
Title VI: Exportation of Alaskan Petroleum and Natural Gas to Japan if Certain Reciprocal Concessions Are Granted - Authorizes the President to enter into negotiations with Japan on a trade agreement under which the United States will permit the exportation to Japan of Alaskan petroleum and natural gas in return for substantial concessions by Japan regarding the importation into Japan of certain exports important to the United States.
Motion by Senator Byrd to reconsider the vote by which h.r.3 failed of passage over veto entered in Senate.
Introduced in House
Referred to House Committee on Foreign Affairs.
Referred to House Committee on Energy and Commerce.
Referred to House Committee on The Judiciary.
Referred to House Committee on Merchant Marine and Fisheries.
Referred to House Committee on Ways and Means.
Executive Comment Requested from Justice, Commerce, USDA, DOT, USTR.
Referred to Subcommittee on Merchant Marine.
Referred to Subcommittee on Trade.
Referred to Subcommittee on Energy and Power.
Referred to Subcommittee on Commerce, Consumer Protection, and Competitiveness.
Referred to Subcommittee on International Economic Policy and Trade.
Referred to Subcommittee on Asian and Pacific Affairs.
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Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Referred to Subcommittee on Monopolies and Commercial Law.
See H.R.3.