Trade Promotion Authority (Fast-Track Authority for Trade Agreements): Background and Developments in the 107th Congress [Updated January 14, 2003] [open pdf - 92KB]
"One of the major trade issues in the 107th Congress was whether or not Congress would approve trade promotion authority (formerly called fast-track authority) for the President to negotiate trade agreements with expedited procedures for implementing legislation. Under this authority, Congress agrees to consider legislation to implement the trade agreements (usually nontariff trade agreements) under a procedure with mandatory deadlines, no amendment, and limited debate. The President is required to consult with congressional committees during negotiation and notify Congress at major stages. The President was granted this authority almost continuously from 1974 to 1994. After that, the authority lapsed." - From Summary. Several pieces of legislation concerning trade are discussed as well.
CRS Issue Brief for Congress, IB10084