,,ii #aad? ,,congress #a/ ,session ,s4 #iih ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #af1 #bjae ,mr4 ,portman 7= himself1 ,mrs4 ,mc,caskill1 & ,mr4 ,toomey7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to e/abli% a process = ! consid]ation ( tempor>y duty susp5sions & r$uctions1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,am]ican ,manufactur+ ,competitiv5ess ,act ( #bjae4 #b4 ,s5se ( ,congress on ! ne$ = a miscellane\s t>iff bill 7a7 ,f9d+s ,congress makes ! foll[+ f9d+s3 7#a7 ,z ( ! date ( ! enactm5t ( ?is ,act1 ! ,h>moniz$ ,t>iff ,s*$ule ( ! ,unit$ ,/ates imposes duties on import$ goods = :i* !re is no dome/ic availability or insuffici5t dome/ic availability4 7#b7 ,! imposition ( duties on su* goods creates artificial di/ortions 9 ! economy ( ! ,unit$ ,/ates t negatively affect ,unit$ ,/ates manufactur]s & consum]s4 7#c7 ,x is 9 ! int]e/s ( ! ,unit$ ,/ates to update ! ,h>moniz$ ,t>iff ,s*$ule e #c ye>s to elim9ate su* artificial di/ortions by susp5d+ or r$uc+ duties on su* goods4 7#d7 ,! manufactur+ competitiv5ess ( ! ,unit$ ,/ates ar\nd ! _w w be enhanc$ if ,congress regul>ly & pr$ictably updates ! ,h>moniz$ ,t>iff ,s*$ule to susp5d or r$uce duties on su* goods4 7b7 ,s5se ( ,congress ,x is ! s5se ( ,congress t1 to remove ! competitive disadvantage to ,unit$ ,/ates manufactures & consum]s result+ f an outdat$ ,h>moniz$ ,t>iff ,s*$ule & to promote ! competitiv5ess ( ,unit$ ,/ates manufactur]s1 ,congress %\ld consid] a miscellane\s t>iff bill n lat] ?an #ahj days aft] ! ,unit$ ,/ates ,int]national ,trade ,commission & ! ,dep>tm5t ( ,comm]ce issue reports on propos$ duty susp5sions & r$uctions "u ?is ,act4 #c4 ,process = consid]ation ( duty susp5sions & r$uctions 7a7 ,purpose ,x is ! purpose ( ?is section to e/abli% a process by ! appropriate congressional committees1 9 conjunction ) ! ,commission pursuant to its au?orities "u section #ccb ( ! ,t>iff ,act ( #aicj 7#ai ,u4,s4,c4 #accb71 = ! submission & consid]ation ( propos$ duty susp5sions & r$uctions4 7b7 ,e/abli%m5t ,n lat] ?an ,octob] #ae1 #bjae1 & ,octob] #ae1 #bjah1 ! appropriate congressional committees %all e/abli% &1 on ! same day1 publi% on _! respective publicly available ,int]net websites a process-- 7#a7 to provide = ! submission & consid]ation ( legislation conta9+ propos$ duty susp5sions & r$uctions 9 a mann] t1 to ! maximum ext5t practicable1 is consi/5t ) ! requirem5ts describ$ 9 subsection 7c72 & 7#b7 to include 9 a miscellane\s t>iff bill ^? duty susp5sions & r$uctions t meet ! requirem5ts ( ?is ,act4 7c7 ,requirem5ts ( ,commission 7#a7 ,initiation ,n lat] ?an ,octob] #ae1 #bjae1 & ,octob] #ae1 #bjah1 ! ,commission %all publi% 9 ! ,f$]al ,regi/] & on a publicly available ,int]net website ( ! ,commission a notice reque/+ memb]s ( ! public to submit to ! ,commission dur+ ! #fj-;day p]iod beg9n+ on ! date ( su* publication-- 7,a7 propos$ duty susp5sions & r$uctions2 & 7,b7 ,commission disclosure =ms ) respect to su* duty susp5sions & r$uctions4 7#b7 ,review 7,a7 ,commission submission to ,congress ,z soon z practicable aft] ! expiration ( ! #fj-;day p]iod specifi$ 9 p>agraph 7#a71 b n lat] ?an #ae days aft] ! expiration ( su* #fj-;day p]iod1 ! ,commission %all submit to ! appropriate congressional committees ! propos$ duty susp5sions & r$uctions submitt$ "u p>agraph 7#a77;,a7 & ! ,commission disclosure =ms ) respect to su* duty susp5sions & r$uctions submitt$ "u p>agraph 7#a77;,b74 7,b7 ,public availability ( propos$ duty susp5sions & r$uctions ,n lat] ?an #ae days aft] ! expiration ( ! #fj-;day p]iod specifi$ 9 p>agraph 7#a71 ! ,commission %all publi% on a publicly available ,int]net website ( ! ,commission ! propos$ duty susp5sions & r$uctions submitt$ "u p>agraph 7#a77;,a7 & ! ,commission disclosure =ms ) respect to su* duty susp5sions & r$uctions submitt$ "u p>agraph 7#a77;,b74 7,c7 ,commission reports to ,congress ,n lat] ?an ! end ( ! #ij-;day p]iod beg9n+ on ! date ( publication ( ! propos$ duty susp5sions & r$uctions "u subp>agraph 7,b71 ! ,commission %all submit to ! appropriate congressional committees a report on ea* propos$ duty susp5sion or r$uction submitt$ pursuant to subsection 7b77#a7 or p>agraph 7#a77;,a7 t conta9s ! foll[+ in=mation3 7i7 ,a det]m9ation ( :e!r or n dome/ic production ( ! article t is ! subject ( ! propos$ duty susp5sion or r$uction exi/s &1 if su* production exi/s1 :e!r or n a dome/ic produc] ( ! article objects to ! propos$ duty susp5sion or r$uction4 7ii7 ,any te*nical *anges to ! article description t are necess>y = purposes ( adm9i/ration :5 articles are pres5t$ = importation4 7iii7 ,! am\nt ( t>iff rev5ue t w\ld no long] be collect$ if ! propos$ duty susp5sion or r$uction takes effect4 7iv7 ,a det]m9ation ( :e!r or n ! propos$ duty susp5sion or r$uction is available to any p]son t imports ! article t is ! subject ( ! propos$ duty susp5sion or r$uction4 7#c7 ,proc$ures ,! ,commission %all prescribe & publi% on a publicly available ,int]net website ( ! ,commission proc$ures = comply+ ) ! requirem5ts ( ?is subsection4 7#d7 ,au?orities describ$ ,! ,commission %all c>ry out ?is subsection pursuant to its au?orities "u section #ccb ( ! ,t>iff ,act ( #aicj 7#ai ,u4,s4,c4 #accb74 7d7 ,dep>tm5t ( ,comm]ce report ,n lat] ?an ! end ( ! #ij-;day p]iod beg9n+ on ! date ( publication ( ! propos$ duty susp5sions & r$uctions "u subsection 7c77#b77;,b71 ! ,secret>y ( ,comm]ce1 9 consultation ) ,u4,s4 ,cu/oms & ,bord] ,protection & o!r relevant ,f$]al ag5cies1 %all submit to ! appropriate congressional committees a report on ea* propos$ duty susp5sion & r$uction submitt$ pursuant to subsection 7b77#a7 or 7c77#a77;,a7 t includes ! foll[+ in=mation3 7#a7 ,a det]m9ation ( :e!r or n dome/ic production ( ! article t is ! subject ( ! propos$ duty susp5sion or r$uction exi/s &1 if su* production exi/s1 :e!r or n a dome/ic produc] ( ! article objects to ! propos$ duty susp5sion or r$uction4 7#b7 ,any te*nical *anges to ! article description t are necess>y = purposes ( adm9i/ration :5 articles are pres5t$ = importation4 7e7 ,rule ( con/ruction ,a propos$ duty susp5sion or r$uction submitt$ "u ?is section by a ,memb] ( ,congress %all receive treatm5t no m favorable ?an ! treatm5t receiv$ by a propos$ duty susp5sion or r$uction submitt$ "u ?is section by a memb] ( ! public4 #d4 ,report on effects ( duty susp5sions & r$uctions on ,unit$ ,/ates economy 7a7 ,9 g5]al ,n lat] ?an ,may #a1 #bjah1 & ,may #a1 #bjbj1 ! ,commission %all submit to ! appropriate congressional committees a report on ! effects on ! ,unit$ ,/ates economy ( tempor>y duty susp5sions & r$uctions enact$ pursuant to ?is ,act1 includ+ a broad assessm5t ( ! economic effects ( su* duty susp5sions & r$uctions on produc]s1 pur*as]s1 & consum]s 9 ! ,unit$ ,/ates1 us+ case /udies describ+ su* effects on select$ indu/ries or by type ( article z available data p]mit4 7b7 ,recomm5dations ,! ,commission %all also solicit & app5d to ! report requir$ "u subsection 7a7 recomm5dations ) respect to ^? dome/ic indu/ry sectors or specific dome/ic indu/ries t might b5efit f p]man5t duty susp5sions & r$uctions or elim9ation ( duties1 ei!r ?r\gh a unilat]al action ( ! ,unit$ ,/ates or ?\gh negotiations = reciprocal t>iff agreem5ts1 ) a p>ticul> focus on inequities creat$ by t>iff inv]sions4 7c7 ,=m ( report ,ea* report requir$ by ?is section %all be submitt$ 9 unclassifi$ =m1 b may include a classifi$ annex4 #e4 ,judicial review preclud$ ,! ex]cise ( functions "u ?is ,act %all n be subject to judicial review4 #f4 ,def9itions ,9 ?is ,act3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives & ! ,committee on ,f9ance ( ! ,s5ate4 7#b7 ,commission ,! t]m ,commission means ! ,unit$ ,/ates ,int]national ,trade ,commission4 7#c7 ,commission disclosure =m ,! t]m ,commission disclosure =m means1 ) respect to a propos$ duty susp5sion or r$uction1 a docum5t submitt$ by a memb] ( ! public to ! ,commission t conta9s ! foll[+3 7,a7 ,! contact in=mation = any kn[n import]s ( ! article to :i* ! propos$ duty susp5sion or r$uction w\ld apply4 7,b7 ,a c]tification by ! memb] ( ! public t ! propos$ duty susp5sion or r$uction is available to any p]son import+ ! article to :i* ! propos$ duty susp5sion or r$uction w\ld apply4 7#d7 ,dome/ic produc] ,! t]m dome/ic produc] means a p]son t demon/rates production1 or imm95t production1 9 ! ,unit$ ,/ates ( an article t is id5tical to1 or l or directly competitive )1 an article to :i* a propos$ duty susp5sion or r$uction w\ld apply4 7#e7 ,duty susp5sion or r$uction 7,a7 ,9 g5]al ,! t]m duty susp5sion or r$uction means an am5dm5t to sub*apt] ,,ii ( *apt] #ii ( ! ,h>moniz$ ,t>iff ,s*$ule ( ! ,unit$ ,/ates t-- 7i7 7,i7 ext5ds an exi/+ tempor>y duty susp5sion or r$uction ( duty on an article "u t sub*apt]2 or 7,,ii7 provides = a new tempor>y duty susp5sion or r$uction ( duty on an article "u t sub*apt]2 & 7ii7 o!rwise meets ! requirem5ts describ$ 9 subp>agraph 7,b74 7,b7 ,requirem5ts ,a duty susp5sion or r$uction meets ! requirem5ts describ$ 9 ?is subp>agraph if-- 7i7 ! duty susp5sion or r$uction c be adm9i/]$ by ,u4,s4 ,cu/oms & ,bord] ,protection2 7ii7 ! 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$uction w\ld be 9 effect1 z det]m9$ by ! ,congressional ,budget ,(fice2 & 7iii7 ! duty susp5sion or r$uction is available to any p]son import+ ! article t is ! subject ( ! duty susp5sion or r$uction4 7#f7 ,memb] ( ,congress ,! t]m ,memb] ( ,congress means a ,s5ator or a ,repres5tative 91 or ,delegate or ,resid5t ,commission] to1 ,congress4 7#g7 ,miscellane\s t>iff bill ,! t]m miscellane\s t>iff bill means a bill ( ei!r ,h\se ( ,congress t conta9s only-- 7,a7 duty susp5sions & r$uctions t-- 7i7 meet ! applicable requirem5ts =-- 7,i7 consid]ation ( duty susp5sions & r$uctions describ$ 9 section #c2 or 7,,ii7 any o!r process requir$ "u ! ,rules ( ! ,h\se ( ,repres5tatives or ! ,s5ate2 & 7ii7 are n ! subject ( an objection because su* duty susp5sions & r$uctions d n comply ) ! requirem5ts ( ?is ,act f-- 7,i7 a ,memb] ( ,congress2 or 7,,ii7 a dome/ic produc]1 z conta9$ 9 comm5ts submitt$ to ! appropriate congressional committees1 ! ,commission1 or ! ,dep>tm5t ( ,comm]ce "u section #c2 & 7,b7 provisions includ$ 9 bills introduc$ 9 ! ,h\se ( ,repres5tatives or ! ,s5ate pursuant to a process describ$ 9 subp>agraph 7,a77i77,,ii7 t correct an error 9 ! text or adm9i/ration ( a provision ( ! ,h>moniz$ ,t>iff ,s*$ule ( ! ,unit$ ,/ates4