S.Amdt. 5176
What it does: Adds SEC. 17. ESTABLISHMENT OF CHIEF ENERGY AND ENERGY SERVICES NEGOTIATOR on page 43, line 24What it changes
1 change to S. 3268
Adds SEC. 17. ESTABLISHMENT OF CHIEF ENERGY AND ENERGY SERVICES NEGOTIATOR on page 43, line 24
Adds a sectionPrinted pageInserted: SEC. 17. ESTABLISHMENT OF CHIEF ENERGY AND ENERGY SERVICES NEGOTIATOR.
Inserted: (a) In General.--Section 141(b)(2) of the Trade Act of 1974 (19 U.S.C. 2171(b)(2)) is amended to read as follows:
Inserted: "(2)(A) There shall be in the Office 3 Deputy United States Trade Representatives, 1 Chief Agricultural Negotiator, and 1 Chief Energy and Energy Services Negotiator.
Inserted: "(B) The 3 Deputy United States Trade Representatives, the Chief Agricultural Negotiator, and the Chief Energy and Energy Services Negotiator shall be appointed by the President, by and with the advice and consent of the Senate.
Inserted: "(C) As an exercise of the rulemaking power of the Senate, any nomination of a Deputy United States Trade Representative, the Chief Agricultural Negotiator, or the Chief Energy and Energy Services Negotiator submitted to the Senate for its advice and consent, and referred to a committee, shall be referred to the Committee on Finance.
Inserted: "(D) Each Deputy United States Trade Representative, the Chief Agricultural Negotiator, and the Chief Energy and Energy Services Negotiator shall hold office at the pleasure of the President and shall have the rank of Ambassador".
Inserted: (b) Duties.--Section 141(c) of the Trade Act of 1974 (19 U.S.C. 2171(c)) is amended by adding at the end the following:
Inserted: "(6) The principal function of the Chief Energy and Energy Services Negotiator shall be to eliminate energy subsidies and policies of foreign governments that distort trade and adversely affect the United States.".
Inserted: SEC. 18. STUDIES AND REPORTS ON SUBSIDIZATION OF FUELS AND ENERGY USE BY FOREIGN COUNTRIES.
Inserted: (a) ITC Annual Study and Report on Economic Impact of Foreign Subsidization of Retail Fuel and Energy.--
Inserted: (1) Study.--Not later than 60 days after the date of the enactment of this Act and annually thereafter, the International Trade Commission shall commence a study on--
Inserted: (A) the subsidization by foreign governments of retail fuel and energy use in foreign countries; and
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Inserted: (B) the impact of such subsidization on the economy of the United States.
Inserted: (2) Report.--Not later than June 1, 2009, and June 1 of each year thereafter, the Secretary shall submit to Congress a report describing the findings of the Secretary with respect to the most recent study commenced by the Secretary under paragraph (1).
Inserted: (b) USTR Bi-Annual Study and Report on Energy Use Subsidies Provided by Foreign Governments.--
Inserted: (1) Study.--Not later than 90 days after the date of the enactment of this Act and every 180 days thereafter, the United States Trade Representative shall conduct a study on the provision by foreign governments of energy use subsidies.
Inserted: (2) Report.--Not later than January 1, 2009, and every 180 days thereafter, the United States Trade Representative shall submit to the Industry Trade Advisory Committee on Energy and Energy Services of the Department of Commerce and Congress a report on the findings of the United States Trade Representative with respect to the most recent study conducted by the United States Trade Representative under paragraph (1), including a description of the amounts of energy use subsidies provided by foreign governments.
Inserted: (c) Energy Information Agency Annual Study and Report on Foreign Subsidization of Energy and Fuel Use.--
Inserted: (1) Annual study.--Each year, the Secretary of Energy shall, acting through the Administrator of the Energy Information Administration, conduct a study on foreign governments that subsidize energy and fuel use and assess the impact of such subsidization on energy costs in the United States.
Inserted: (2) Annual report.--Not later than June 1 of each year, the Secretary of Energy shall submit to the President and Congress a report on the findings of the Secretary with respect to the most recent study conducted under paragraph (1).
Inserted: SEC. 19. DEPARTMENT OF STATE ANNUAL REPORT ON ENERGY SECURITY.
Inserted: (a) Annual Report.--Not later than March 1 of each year, the Secretary of State shall submit to the appropriate committees of Congress a report on the efforts undertaken by the Secretary in the previous calendar year to achieve the following goals:
Inserted: (1) To eliminate energy subsidies and policies of foreign governments that distort trade and adversely affect the United States.
Inserted: (2) To enhance United States and global energy security by--
Inserted: (A) promoting open and transparent, integrated, and diversified energy markets;
Inserted: (B) encouraging appropriate energy-sector investments to expand access to energy and increase economic growth and opportunity; and
Inserted: (C) developing clean and efficient energy technologies.
Inserted: (b) Appropriate Committees of Congress.--In this section, the term "appropriate committees of Congress" means--
Inserted: (1) the Committee on Foreign Relations of the Senate;
Inserted: (2) the Committee on Energy and Natural Resources of the Senate;
Inserted: (3) the Committee on Foreign Affairs of the House of Representatives; and
Inserted: (4) the Committee on Energy and Commerce of the House of Representatives.
Original wording
On page 43, after line 24, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 5176. Mr. INHOFE submitted an amendment intended to be proposed by him to the bill S. 3268, to amend the Commodity Exchange Act, to prevent excessive price speculation with respect to energy commodities, and for other purposes; which was ordered to lie on the table; as follows:
On page 43, after line 24, add the following:
SEC. 17. ESTABLISHMENT OF CHIEF ENERGY AND ENERGY SERVICES NEGOTIATOR.
(a) In General.--Section 141(b)(2) of the Trade Act of 1974 (19 U.S.C. 2171(b)(2)) is amended to read as follows:
“(2)(A) There shall be in the Office 3 Deputy United States Trade Representatives, 1 Chief Agricultural Negotiator, and 1 Chief Energy and Energy Services Negotiator.
“(B) The 3 Deputy United States Trade Representatives, the Chief Agricultural Negotiator, and the Chief Energy and Energy Services Negotiator shall be appointed by the President, by and with the advice and consent of the Senate.
“(C) As an exercise of the rulemaking power of the Senate, any nomination of a Deputy United States Trade Representative, the Chief Agricultural Negotiator, or the Chief Energy and Energy Services Negotiator submitted to the Senate for its advice and consent, and referred to a committee, shall be referred to the Committee on Finance.
“(D) Each Deputy United States Trade Representative, the Chief Agricultural Negotiator, and the Chief Energy and Energy Services Negotiator shall hold office at the pleasure of the President and shall have the rank of Ambassador”.
(b) Duties.--Section 141(c) of the Trade Act of 1974 (19 U.S.C. 2171(c)) is amended by adding at the end the following:
“(6) The principal function of the Chief Energy and Energy Services Negotiator shall be to eliminate energy subsidies and policies of foreign governments that distort trade and adversely affect the United States.”.
SEC. 18. STUDIES AND REPORTS ON SUBSIDIZATION OF FUELS AND ENERGY USE BY FOREIGN COUNTRIES.
(a) ITC Annual Study and Report on Economic Impact of Foreign Subsidization of Retail Fuel and Energy.--
(1) Study.--Not later than 60 days after the date of the enactment of this Act and annually thereafter, the International Trade Commission shall commence a study on--
(A) the subsidization by foreign governments of retail fuel and energy use in foreign countries; and
(B) the impact of such subsidization on the economy of the United States.
(2) Report.--Not later than June 1, 2009, and June 1 of each year thereafter, the Secretary shall submit to Congress a report describing the findings of the Secretary with respect to the most recent study commenced by the Secretary under paragraph (1).
(b) USTR Bi-Annual Study and Report on Energy Use Subsidies Provided by Foreign Governments.--
(1) Study.--Not later than 90 days after the date of the enactment of this Act and every 180 days thereafter, the United States Trade Representative shall conduct a study on the provision by foreign governments of energy use subsidies.
(2) Report.--Not later than January 1, 2009, and every 180 days thereafter, the United States Trade Representative shall submit to the Industry Trade Advisory Committee on Energy and Energy Services of the Department of Commerce and Congress a report on the findings of the United States Trade Representative with respect to the most recent study conducted by the United States Trade Representative under paragraph (1), including a description of the amounts of energy use subsidies provided by foreign governments.
(c) Energy Information Agency Annual Study and Report on Foreign Subsidization of Energy and Fuel Use.--
(1) Annual study.--Each year, the Secretary of Energy shall, acting through the Administrator of the Energy Information Administration, conduct a study on foreign governments that subsidize energy and fuel use and assess the impact of such subsidization on energy costs in the United States.
(2) Annual report.--Not later than June 1 of each year, the Secretary of Energy shall submit to the President and Congress a report on the findings of the Secretary with respect to the most recent study conducted under paragraph (1).
SEC. 19. DEPARTMENT OF STATE ANNUAL REPORT ON ENERGY SECURITY.
(a) Annual Report.--Not later than March 1 of each year, the Secretary of State shall submit to the appropriate committees of Congress a report on the efforts undertaken by the Secretary in the previous calendar year to achieve the following goals:
(1) To eliminate energy subsidies and policies of foreign governments that distort trade and adversely affect the United States.
(2) To enhance United States and global energy security by--
(A) promoting open and transparent, integrated, and diversified energy markets;
(B) encouraging appropriate energy-sector investments to expand access to energy and increase economic growth and opportunity; and
(C) developing clean and efficient energy technologies.
(b) Appropriate Committees of Congress.--In this section, the term “appropriate committees of Congress” means--
(1) the Committee on Foreign Relations of the Senate;
(2) the Committee on Energy and Natural Resources of the Senate;
(3) the Committee on Foreign Affairs of the House of Representatives; and
(4) the Committee on Energy and Commerce of the House of Representatives.
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Senate amendment submitted
July 24, 2008