Trade Promotion Authority (Fast-Track Authority for Trade Agreements): Background and Developments in the 107th Congress [Updated December 7, 2001]   [open pdf - 136KB]

"On July 25, Senate Finance Committee Chairman Baucus released his proposal for a fast-track bill. The proposal included negotiating objectives, directives in support of labor rights and environmental protection, greater congressional oversight of negotiations, and a toolbox approach to enforcement. On October 3, Ways and Means Chairman Thomas introduced H.R. 3005. This bill was reported out of the House Ways and Means Committee (H.Rept. 107-249, Part 1) on October 16, 2001. On October 4, Representative Rangel, Ways and Means Ranking Member, and Representative Levin, Ranking Member on the Ways and Means Subcommittee on Trade, released their own proposal, H.R. 3019. That bill was rejected by the Ways and Means Committee on October 9 by a 27-12 vote. On October 11, Senator Baucus, Chairman of the Senate Finance Committee, gave a major speech outlining his position on fast-track legislation. It is uncertain when the Senate might act on any legislation. On December 6, the House passed TPA [Trade Promotions Authority] bill H.R. 3005 along party lines by a vote of 215-214. H.R. 3005 was approved as amended under Rules Committee Resolution H. Res. 306 (H. Rept. 107- 323). On December 7, Senator Baucus said that the Finance Committee will mark up legislation on trade negotiating authority on December 11 or 12. Full Senate action is not expected until next year."

Report Number:
CRS Issue Brief for Congress, IB10084
Public Domain
Retrieved From:
U.S. Dept. of State, Foreign Press Centers: http://fpc.state.gov/
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