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Trade Agreement Benchmarks and Accountability Act

Introduced: May 22, 2008 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 9, 2008
Referred to the Subcommittee on Trade.
May 22, 2008
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, 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.
May 22, 2008
Introduced in House
 Plain-English summary Congressional Research Service

Trade Agreement Benchmarks and Accountability Act - Subjects bills implementing trade agreements to a point of order in both the Senate and the House of Representatives unless certain conditions are met.

Withdraws congressional approval of a bill implementing a trade agreement 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 unless a joint resolution waiving such benchmarks and predictions 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.

What's happening now June 9, 2008

Referred to the Subcommittee on Trade.

 Committees of jurisdiction 3