3.0.0 3843 2023-01-12T17:52:07Z 2023-01-12T17:52:07Z Senate S S 2006-09-05 109 ssfi00 Finance Committee Senate Standing Referred to 2006-09-05T22:49:32Z 2006-09-05 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2006-09-05 Introduced in Senate IntroReferral 10000 9 Library of Congress L000504 Sen. Lugar, Richard G. [R-IN] RICHARD LUGAR R IN GREEN N Foreign Trade and International Finance Administrative procedure Africa (Sub-Saharan) Agribusiness Agricultural assistance Agricultural industries Agricultural machinery Agricultural prices Agriculture and Food Agriculture in foreign trade American investments Bank loans Capital China Civil Rights and Liberties, Minority Issues Civil War Clothing Commerce Conferences Congress Congress and foreign policy Contracts Developing countries Development credit institutions East Asia Economic growth Economics and Public Finance Export finance Export-Import Bank of the United States Farmers Food industry Food supply Foreign investments Foreign leaders Foreign service Foreign trade promotion Free trade Government Operations and Politics Government corporations Human rights International Affairs International cooperation Labor and Employment Land use Law Legal aid Liberia Mauritius Nongovernmental organizations Nontariff trade barriers Produce trade Public Lands and Natural Resources Public corruption Public-private partnerships Regionalism (International organization) Right of property Rule of law Science, Technology, Communications Small business Social Welfare Surveying Sustainable development Tariff Tariff preferences Tax treaties Taxation Technical assistance Technology transfer Textile fabrics Trade negotiations Volunteer workers Women Women in government Foreign Trade and International Finance 00 2006-09-05 Introduced in Senate 2007-01-09T14:12:17Z AGOA Extension Act of 2006 - Amends the African Growth and Opportunity Act (AGOA) to change from mandatory to discretionary the authority of the President to terminate the designation of an eligible beneficiary sub-Saharan African country for trade benefits for failure to comply with such Act's requirements. Requires the President to notify Congress of the proposed termination and allows the termination only if Congress fails to prohibit it.

Revises provisions providing for preferential trade treatment of certain textiles, apparel, and agricultural products.

Directs the President to develop a comprehensive plan addressing critical sub-Saharan African agricultural policy issues.

Amends the Export-Import Bank Act of 1945 to direct the Export-Import Bank of the United States to ensure that full consideration is given to the extent to which any loan or other assistance is likely to have a positive effect on industries in countries designated as beneficiary sub-Saharan African countries.

Requires seeking negotiations for tax treaties and bilateral investment treaties benefiting sub-Saharan African countries.

Requires infrastructure and industry-building assistance to sub-Saharan Africa.

Expresses the sense of Congress regarding: (1) the October 2005 election of Ms. Ellen Johnson Sirleaf as President of Liberia; and (2) U.S. Agency for International Development (USAID) technical assistance to sub-Saharan African countries in developing domestic tax policies, revenue administration, and anti-corruption efforts, as well as policies to replace lost trade tax revenues resulting from trade liberalization.

]]> AGOA Extension Act of 2006 Display Title AGOA Extension Act of 2006 Official Title as Introduced A bill to amend the African Growth and Opportunity Act to extend certain trade benefits to eligible sub-Saharan African countries, and for other purposes. Introduced in Senate IS Short Titles as Introduced AGOA Extension Act of 2006 Introduced in Senate 2006-09-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s3843is/xml/BILLS-109s3843is.xml 2006-09-05 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.