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17 May 2000

Text: Senate Finance Committee Passes Markup of China PNTR Bill

(Finance Committee approves legislation 18-1)  (460)
The Senate Finance Committee approved the markup May 17 of S. 2277,
legislation that would grant China permanent Normal Trade Relations
status.
The vote was 18 to 1, with Senator James Jeffords (Republican of
Vermont) voting against the bill.
The House Ways and Means Committee is also scheduled to take up the
legislation May 17, but there H.R. 4444, the counterpart to the
Senate's S. 2277, is expected to face amendments.
Following is the text of S. 2277 from the Congressional Record:
(begin text)
S 2277 IS
106th CONGRESS
2d Session
S. 2277
To terminate the application of title IV of the Trade Act of 1974 with
respect to the People's Republic of China.
IN THE SENATE OF THE UNITED STATES
March 23, 2000
Mr. ROTH (for himself and Mr. MOYNIHAN) introduced the following bill;
which was read twice and referred to the Committee on Finance
A BILL
To terminate the application of title IV of the Trade Act of 1974 with
respect to the People's Republic of China.
Be it enacted by the Senate and House of Representatives of the United
States of America in Congress assembled,
SECTION 1. TERMINATION OF APPLICATION OF TITLE IV OF THE TRADE ACT OF
1974 TO THE PEOPLE'S REPUBLIC OF CHINA (CHINA).
(a) PRESIDENTIAL DETERMINATIONS AND EXTENSION OF NONDISCRIMINATORY
TREATMENT- Notwithstanding any provision of title IV of the Trade Act
of 1974 (19 U.S.C. 2431 et seq.), the President may--
(1) determine that such title should no longer apply to China;  and
(2) after making a determination under paragraph (1) with respect to
China, proclaim the extension of nondiscriminatory treatment (normal
trade relations treatment) to the products of that country.
(b) CHINA'S ACCESSION TO THE WORLD TRADE ORGANIZATION (`WTO')- Prior
to making the determination provided for in subsection (a)(1) and
pursuant to the provisions of section 122 of the Uruguay Round
Agreements Act (19 U.S.C. 3532), the President shall transmit a report
to Congress certifying that the terms and conditions for China's
accession to the WTO are at least equivalent to those agreed between
the United States and China on November 15, 1999.
SEC. 2. EFFECTIVE DATES.
(a) The extension of nondiscriminatory treatment pursuant to section
1(a)(1) shall be effective no earlier than the effective date of
China's accession to the WTO.
(b) On and after the effective date under subsection (a) of the
extension of nondiscriminatory treatment to the products of China,
title IV of the Trade Act of 1974 shall cease to apply to that
country.
(end text)
(Distributed by the Office of International Information Programs, U.S.
Department of State. Web site: http://usinfo.state.gov)