S.Amdt. 1381

SA 1381. Ms. STABENOW 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:

At the end of section 106(b), add the following:
(7) For agreements with countries that manipulate their
currencies.--The trade authorities procedures shall not apply
to an implementing bill submitted with respect to a trade
agreement under section 103(b) with a country that engages in
protracted large-scale intervention in one direction in the
currency exchange markets to gain an unfair competitive
advantage in trade over other parties to the trade agreement.
______