,,ii #aac? ,,congress #a/ ,session ,s4 #gij ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #bc1 #bjac ,mrs4 ,mc,caskill 7= h]self1 ,mr4 ,portman1 ,mr4 ,coats1 ,mr4 ,coburn1 ,mr4 ,toomey1 ,mr4 ,vitt]1 ,mr4 ,flake1 ,mr4 ,lee1 & ,mr4 ,johnson ( ,wiscons97 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to require ! ,unit$ ,/ates ,int]national ,trade ,commission to recomm5d tempor>y duty susp5sions & r$uctions to ,congress1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,tempor>y ,duty ,susp5sion ,process ,act ( #bjac4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means ! ,committee on ,f9ance ( ! ,s5ate & ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives4 7#b7 ,commission ,! t]m ,commission means ! ,unit$ ,/ates ,int]national ,trade ,commission4 7#c7 ,duty susp5sion or r$uction ,! t]m duty susp5sion or r$uction means an am5dm5t to sub*apt] ,,ii ( *apt] #ii ( ! ,h>moniz$ ,t>iff ,s*$ule ( ! ,unit$ ,/ates-- 7,a7 ext5d+ an exi/+ tempor>y susp5sion or r$uction ( duty on an article "u t sub*apt]2 or 7,b7 provid+ = a new tempor>y susp5sion or r$uction ( duty on an article "u t sub*apt]4 #c4 ,recomm5dations by ,unit$ ,/ates ,int]national ,trade ,commission = duty susp5sions & r$uctions 7a7 ,e/abli%m5t ( review process ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,commission %all complete all actions necess>y to e/abli% a process pursuant to :i* ! ,commission w-- 7#a7 review ea* article ) respect to :i* a duty susp5sion or r$uction may be made-- 7,a7 at ! initiative ( ! ,commission2 or 7,b7 pursuant to a petition submitt$ or ref]r$ to ! ,commission "u subsection 7b72 & 7#b7 submit a draft bill to ! appropriate congressional committees "u subsection 7d74 7b7 ,petitions 7#a7 ,9 g5]al ,z "p ( ! process e/abli%$ "u subsection 7a71 ! ,commission %all e/abli% proc$ures "u :i* a petition reque/+ ! ,commission to review a duty susp5sion or r$uction pursuant to t process may be-- 7,a7 submitt$ to ! ,commission by a memb] ( ! public2 or 7,b7 ref]r$ to ! ,commission by a ,memb] ( ,congress4 7#b7 ,requirem5ts ,a petition submitt$ or ref]r$ to ! ,commission "u p>agraph 7#a7 %all be submitt$ or ref]r$ at su* "t & 9 su* mann] & %all include su* in=mation z ! ,commission may require4 7#c7 ,no pref]5tial treatm5t = ,memb]s ( ,congress ,a petition ref]r$ to ! ,commission by a ,memb] ( ,congress "u subp>agraph 7,b7 ( p>agraph 7#a7 %all receive treatm5t no m favorable ?an ! treatm5t receiv$ by a petition submitt$ to ! ,commission by a memb] ( ! public "u subp>agraph 7,a7 ( t p>agraph4 7c7 ,public comm5ts ,z "p ( ! process e/abli%$ "u subsection 7a71 ! ,commission %all e/abli% proc$ures =-- 7#a7 notify+ ! public :5 ! ,commission initiates ! process ( review+ articles ) respect to :i* duty susp5sions or r$uctions may be made & di/ribut+ in=mation ab\t ! process1 includ+ by po/+ in=mation ab\t ! process on ! website ( ! ,commission2 7#b7 except z provid$ 9 subsection 7d77#d77;,c71 notify+ ! public ( ! duty susp5sions & r$uctions ! ,commission is consid]+ includ+ 9 ! draft bill n lat] ?an #de days be=e submitt+ a draft bill to ! appropriate congressional committees "u subsection 7d77#a72 & 7#c7 provid+ ! public ) an opportunity to submit comm5ts ) respect to any ( ^? duty susp5sions or r$uctions4 7d7 ,submission ( draft bill 7#a7 ,9 g5]al ,! ,commission %all submit to ! appropriate congressional committees a draft bill t conta9s ea* duty susp5sion or r$uction t ! ,commission det]m9es1 pursuant to ! process e/abli%$ "u subsection 7a7 & aft] conduct+ ! consultations requir$ by subsection 7e71 meets ! requirem5ts describ$ 9 subsection 7f71 n lat] ?an-- 7,a7 ! date t is #fj days aft] ! date ( ! enactm5t ( ?is ,act2 7,b7 ,febru>y #a1 #bjae2 & 7,c7 ,febru>y #a1 #bjah4 7#b7 ,effective p]iod ( duty susp5sions & r$uctions ,duty susp5sions & r$uctions includ$ 9 a draft bill submitt$ "u p>agraph 7#a7 %all be effective = a p]iod ( n less ?an #c ye>s4 7#c7 ,au?ority to make c]ta9 modifications ,9 includ+ a duty susp5sion or r$uction ! ,commission det]m9es o!rwise meets ! requirem5ts ( subsection 7f7 9 a draft bill to be submitt$ "u p>agraph 7#a71 ! ,commission may-- 7,a7 modify ! article description = ! duty susp5sion or r$uction-- 7i7 to ensure t ,u4,s4 ,cu/oms & ,bord] ,protection c adm9i/] ! duty susp5sion or r$uction2 or 7ii7 to correct a te*nical defici5cy 9 ! article description2 7,b7 modify ! duty rate = ! duty susp5sion or r$uction s t ! e/imat$ loss 9 rev5ue to ! ,unit$ ,/ates f ! duty susp5sion or r$uction does n exce$ ! am\nt specifi$ 9 subsection 7f77#a77;,b72 or 7,c7 consolidate ! duty susp5sion or r$uction ) o!r duplicative or ov]lapp+ duty susp5sions or r$uctions4 7#d7 ,special rules = fir/ submission ,= purposes ( submitt+ ! draft bill requir$ to be submitt$ on ! date specifi$ 9 p>agraph 7#a77;,a71 ! ,commission-- 7,a7 may use ! evaluations conduct$ by ! ,commission ( bills provid+ = duty susp5sions or r$uctions introduc$ 9 ! ,s5ate or ! ,h\se ( ,repres5tatives dur+ ! #aab? ,congress2 7,b7 %all be requir$ to include only duty susp5sions & r$uctions ) respect to :i* ! ,commission has suffici5t "t to make a det]m9ation "u p>agraph 7#a7 be=e ! draft bill is requir$ to be submitt$2 & 7,c7 %all notify ! public ( ! duty susp5sions & r$uctions ! ,commission is consid]+ includ+ 9 ! draft bill n lat] ?an #cj days be=e submitt+ ! draft bill4 7e7 ,consultations ,9 det]m9+ :e!r a duty susp5sion or r$uction meets ! requirem5ts describ$ 9 subsection 7f71 ! ,commission %all1 n lat] ?an #cj days be=e submitt+ a draft bill to ! appropriate congressional committees "u subsection 7d71 conduct consultations ) ! ,commission] responsible = ,u4,s4 ,cu/oms & ,bord] ,protection1 ! ,secret>y ( ,comm]ce1 ! ,unit$ ,/ates ,trade ,repres5tative1 & ! heads ( o!r relevant ,f$]al ag5cies4 7f7 ,requirem5ts = duty susp5sions & r$uctions 7#a7 ,9 g5]al ,a duty susp5sion or r$uction meets ! requirem5ts describ$ 9 ?is subsection if-- 7,a7 ! duty susp5sion or r$uction c be adm9i/]$ by ,u4,s4 ,cu/oms & ,bord] ,protection2 7,b7 ! e/imat$ loss 9 rev5ue to ! ,unit$ ,/ates f ! duty susp5sion or r$uction does n exce$ #ejj1jjj 9 a cal5d> ye> dur+ :i* ! duty susp5sion or r$uction w\ld be 9 effect2 & 7,c7 on ! date on :i* ! ,commission submits a draft bill to ! appropriate congressional committees "u subsection 7d7 t includes ! duty susp5sion or r$uction1 ! article to :i* ! duty susp5sion or r$uction w\ld apply is n produc$ 9 ! ,unit$ ,/ates & is n expect$ to be produc$ 9 ! ,unit$ ,/ates dur+ ! subsequ5t #ab-mon? p]iod4 7#b7 ,consid]ation ( relevant in=mation ,9 det]m9+ :e!r a duty susp5sion or r$uction meets ! requirem5ts describ$ 9 p>agraph 7#a71 ! ,commission may consid] any in=mation ! ,commission consid]s relevant to ! det]m9ation4 7#c7 ,judicial review preclud$ ,a det]m9ation ( ! ,commission ) respect to :e!r or n a duty susp5sion or r$uction meets ! requirem5ts describ$ 9 p>agraph 7#a7 %all n be subject to judicial review4 7g7 ,reports requir$ 7#a7 ,9 g5]al ,ea* "t ! ,commission submits a draft bill "u subsection 7d71 ! ,commission %all submit to ! appropriate congressional committees a report on ! duty susp5sions & r$uctions conta9$ 9 ! draft bill t includes-- 7,a7 ! views ( ! head ( ea* ag5cy consult$ "u subsection 7e72 & 7,b7 any objections receiv$ by ! ,commission dur+ consultations conduct$ "u subsection 7e7 or ?r\gh public comm5ts submitt$ "u subsection 7c71 includ+-- 7i7 objections ) respect to duty susp5sions or r$uctions ! ,commission includ$ 9 ! draft bill2 & 7ii7 objections t l$ to ! ,commission to det]m9e n to include a duty susp5sion or r$uction 9 ! draft bill4 7#b7 ,initial report on process ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,commission %all submit to ! appropriate congressional committees a report t includes-- 7,a7 an assessm5t ( ! effectiv5ess ( ! process e/abli%$ "u subsection 7a7 & ! requirem5ts ( ?is section2 7,b7 to ! ext5t practicable1 a description ( ! effects ( duty susp5sions & r$uctions recomm5d$ pursuant to t process on ! ,unit$ ,/ates economy t includes-- 7i7 a broad assessm5t ( ! economic effects ( su* duty susp5sions & r$uctions on produc]s1 pur*as]s1 & consum]s 9 ! ,unit$ ,/ates2 & 7ii7 case /udies describ+ su* effects by indu/ry or by type ( articles1 z available data p]mits2 7,c7 to ! ext5t practicable1 a comp>ison ( ! actual loss 9 rev5ue to ! ,unit$ ,/ates result+ f duty susp5sions & r$uctions recomm5d$ pursuant to t process to ! loss 9 su* rev5ue e/imat$ dur+ t process1 bas$ on data available at ! "t ( ! submission ( ! report2 7,d7 to ! ext5t practicable1 in=mation on h[ broadly or n>r[ly duty susp5sions & r$uctions recomm5d$ pursuant to t process 7 us$ by import]s2 & 7,e7 any recomm5dations ( ! ,commission = improv+ t process & ! requirem5ts ( ?is section4 7h7 ,=m ( draft bill & reports ,ea* draft bill submitt$ "u subsection 7d7 & ea* report requir$ by subsection 7g7 %all be-- 7#a7 submitt$ to ! appropriate congressional committees 9 electronic =m2 & 7#b7 made available to ! public on ! website ( ! ,commission4 #d4 ,reports on b5efits ( duty susp5sions or r$uctions to sectors ( ! ,unit$ ,/ates economy ,n lat] ?an ,janu>y #a1 #bjad1 & annually !reaft]1 ! ,commission %all submit to ! appropriate congressional committees a report t-- 7#a7 makes recomm5dations ) respect to sectors ( ! ,unit$ ,/ates economy t c\ld b5efit f duty susp5sions or r$uctions )\t caus+ h>m to o!r dome/ic int]e/s2 & 7#b7 assesses ! feasibility & advisability ( susp5d+ or r$uc+ duties on a sectoral basis r ?an on individual articles4