A bill to make bills implementing trade agreements subject to a point of order unless certain conditions are met, and for other purposes.
Trade Agreement Benchmarks and Accountability Act - Subjects bills implementing trade agreements to a point of order unless certain conditions are met.
Withdraws congressional approval of a bill implementing a trade agreement only 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 and a joint resolution approving such withdrawal 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.
Referred to the Subcommittee on Trade.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S792-793)
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S793)
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