S.Amdt. 1260Senate114th Congress (2015-2017)2nd degree
S.Amdt. 1260
Sponsored by
Sen. Sherrod Brown (D-OH)
Submitted May 18, 2015
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Senate amendment submitted
May 18, 2015
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Senate amendment submitted
May 18, 2015
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Senate amendment submitted
May 18, 2015
Text
Submitted
SA 1260. Mr. BROWN submitted an amendment intended to be proposed to amendment SA 1221 proposed by Mr. Hatch to the bill H.R. 1314, to amend the Internal Revenue Code of 1986 to provide for a right to an administrative appeal relating to adverse determinations of tax-exempt status of certain organizations; which was ordered to lie on the table; as follows: In section 105(a), add at the end the following: (6) Negotiations regarding industrial products.-- (A) In general.--Before initiating or continuing negotiations with respect to a trade agreement or trade agreements relating to industrial products, the President shall-- (i) assess-- (I) whether there is global overcapacity in industrial products, including industrial products subject to the provisions of such agreement or agreements; and (II) the enhanced access to the United States market that such agreement or agreements would provide; and (ii) consult with the Committee on Finance of the Senate and the Committee on Ways and Means of the House of Representatives with respect to-- (I) the potential impact of such agreement or agreements on industrial products produced in the United States; (II) the results of the assessment conducted under clause (i)(I); (III) whether it is appropriate for the President to agree to reduce tariffs on industrial products based on any conclusions reached in that assessment; and (IV) how the President intends to comply with all negotiating objectives applicable to such agreement or agreements. (B) Assessment.--The assessment conducted under subparagraph (A)(i) shall include, at a minimum, an assessment of the following industrial products: (i) Steel and steel products. (ii) Aluminum and aluminum products. (iii) Solar products. (iv) Glass, including flat glass and glassware. (v) Cement. (vi) Wood. (vii) Paper products. ______