Trade Preference Extension and Expansion Act of 2006
Latest action · Mar 30, 2006 Referred to the Committee on Ways and Means, and in addition to the Committees on International Relations, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 30, 2006
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Trade Preference Extension and Expansion Act of 2006 - Amends the Trade Act of 1974 to extend the Generalized System of Preferences (GSP) Program from December 31, 2006, through December 31, 2007.
Amends the Andean Trade Preference Act to extend from December 31, 2006, through December 31, 2007 the duty-free treatment or other preferential treatment for beneficiary countries under the Act.
Amends the African Growth and Opportunity Act to change from mandatory to discretionary the authority of the President to terminate the designation of an eligible beneficiary sub-Saharan African country for failing to continue compliance with such Act. Requires the President to notify Congress, and allows him to proceed with termination only if Congress fails to prohibit it.
Authorizes the U.S. Trade Representative (USTR) to provide grants to U.S. nongovernmental organizations and private sector representatives to host the annual United States-Sub-Saharan African Trade and Economic Cooperation Forum.
Amends the African Growth and Opportunity Act (AGOA) to revise the designation for preferential treatment of apparel articles wholly assembled in one or more beneficiary sub-Saharan African countries from certain regional fabric or yarns. Specifies for such duty-free treatment apparel articles that are both cut (or knit-to-shape) and sewn or otherwise assembled in one or more such countries.
Directs the President to develop a comprehensive plan addressing specified issues to promote economic reforms and development in sub-Saharan Africa.
Requires the President to establish additional duty-free access for beneficiary sub-Saharan African countries for agricultural products governed by current tariff-rate quotas.
Authorizes the Administrator of the United States Agency for International Development (USAID) to make grants to governmental and nongovernmental entities in beneficiary sub-Saharan African countries that can provide assistance, consultation, and equipment to local agribusinesses to enable their products to meet U.S. import requirements.
Requires the Secretary of Agriculture to direct the Foreign Agriculture Service to work with national African agricultural organizations to identify needs and implement programs that strengthen member ability to fulfill these needs in conjunction with export credit guarantee programs.
Amends the Export-Import Bank Act of 1945 to specify the use of resources of the Export-Import Bank of the United States and the Overseas Private Investment Corporation to encourage industrial and agricultural development in beneficiary sub-Saharan African countries.
Expresses the sense of Congress for USAID technical assistance in development of domestic tax policies in such countries to replace lost trade tax revenues resulting from trade liberalization.
Requires the Secretary of the Treasury and the USTR to seek negotiations with such countries for income tax treaties and bilateral investment agreements, respectively, with the United States.
Expresses the sense of Congress with respect to sub-Saharan Africa development and trade capacity.
Requires U.S. infrastructure and industry-building assistance needed for sustainable economic development of sub-Saharan Africa.
Sets forth the sense of Congress regarding the October 2005 election of Ms. Ellen Johnson Sirleaf as President of Liberia.
Cosponsors 4
Members who signed on, in the order they did. Signatures ran from Mar 30, 2006 to Jul 28, 2006, with 2 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-WA | Jim McDermott | Original | Mar 30, 2006 |
| D-LA | William J. Jefferson | Original | Mar 30, 2006 |
| D-OR | Earl Blumenauer | Jun 22, 2006 | |
| D-WA | Adam Smith | Jul 28, 2006 |
Actions 3
Everything that happened, newest first.
- Mar 30, 2006Introduced in House
- Mar 30, 2006Referred to the Committee on Ways and Means, and in addition to the Committees on International Relations, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Mar 30, 2006Sponsor introductory remarks on measure. (CR E478)
Subjects
Assigned by the Library of Congress. Policy area: Foreign Trade and International Finance.
- Administrative procedure
- Administrative remedies
- Africa (Sub-Saharan)
- Agribusiness
- Agricultural assistance
- Agricultural estimating and reporting
- Agricultural machinery
- Agriculture and Food
- Agriculture in foreign trade
- American investments
- Bank loans
- Bolivia
- Bribery
- China
- Civil Rights and Liberties, Minority Issues
- Clothing
- Colombia
- Commerce
- Compensation (Law)
- Conferences
- Congress
- Congress and foreign policy
- Congressional oversight
- Congressional reporting requirements
- Contracts
- Credit insurance
- Crime and Law Enforcement
- Department of Homeland Security
- Developing countries
- Diversification in industry
- Due process of law
- East Asia
- Economic development
- Economic growth
- Economics and Public Finance
- Ecuador
- Employee rights
- Equality before the law
- Export finance
- Export-Import Bank of the United States
- Exports
- Federal advisory bodies
- Finance and Financial Sector
- Food industry
- Foreign investments
- Foreign leaders
- Foreign Trade and International Finance
- Foreign trade promotion
- Free enterprise
- Free trade
- Government corporations
- Government Operations and Politics
- Human rights
- Import restrictions
- Imports
- Intellectual property
- International Affairs
- Investment guaranty insurance
- Job creation
- Labor and Employment
- Labor productivity
- Land use
- Latin America
- Law
- Liberia
- Mauritius
- Misconduct in office
- Negotiations
- Nongovernmental organizations
- Overseas Private Investment Corporation
- Peru
- Pluralism (Social sciences)
- President and foreign policy
- Public Lands and Natural Resources
- Public-private partnerships
- Right of property
- Rule of law
- Science, Technology, Communications
- Small business
- Small farms
- State-sponsored terrorism
- Storage
- Subsidies
- Sustainable development
- Tariff preferences
- Tax treaties
- Taxation
- Technical assistance
- Technology transfer
- Terrorism
- Textile fabrics
- Textile industry
- Trade agreements
- Trade negotiations
- Women
- Women in government
Text 1
Each version as it was printed, newest first.
- Mar 30, 2006Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.