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S 3123 114th Congress Senate Foreign Trade and International Finance Europe European Union Legislative rules and procedure Trade agreements and negotiations United Kingdom

United Kingdom Trade Continuity Act

Introduced: June 29, 2016 Introduced by: Lee, Mike Republican · Utah See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 29, 2016
Read twice and referred to the Committee on Finance.
Jun 29, 2016
Introduced in Senate
 Plain-English summary Congressional Research Service

United Kingdom Trade Continuity Act

This bill expresses the sense of Congress that the United States supports the decision by the people of the United Kingdom to leave the European Union (EU).

The United States shall continue to comply with the terms of all existing commercial agreements between it and the EU governing commerce between the United States and the United Kingdom, unless specifically provided otherwise.

It is the sense of Congress that the President should initiate negotiations expeditiously with the United Kingdom to reach a final comprehensive bilateral trade agreement.

Trade authorities (fast track) procedures shall apply to a congressional bill implementing such a trade agreement.

What's happening now June 29, 2016

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1