[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1654 Introduced in House (IH)]







105th CONGRESS
  1st Session
                                H. R. 1654

To amend the Trade Act of 1974 in order to require reciprocal responses 
 to foreign acts, policies, and practices that deny national treatment 
                      to United States investment.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 16, 1997

 Mr. Campbell (for himself, Mr. Rohrabacher, Mr. Lipinski, Mr. Lantos, 
Mr. McDade, Mr. Traficant, Mr. Walsh, Mr. Towns, Mr. Upton, Mr. Duncan, 
 Mr. Hunter, Mr. Weldon of Pennsylvania, Mr. Hall of Texas, Mr. Burton 
   of Indiana, Mr. Kildee, Ms. Kaptur, Mr. Martinez, and Mr. Porter) 
 introduced the following bill; which was referred to the Committee on 
                             Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Trade Act of 1974 in order to require reciprocal responses 
 to foreign acts, policies, and practices that deny national treatment 
                      to United States investment.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, That section 301 of the 
Trade Act of 1974 (19 U.S.C. 2411) is amended--
            (1) by inserting ``(except with respect to the action 
        required under subsection (c)(2))'' before ``subject to the 
        specific direction,'' in subsection (b);
            (2) by redesignating paragraphs (2) through (6) of 
        subsection (c) as paragraphs (3) through (7), respectively; and
            (3) by inserting after paragraph (1) of subsection (c) the 
        following new paragraph:
            ``(2) For purposes of carrying out the provisions of 
        subsection (b) with respect to any act, policy, or practice of 
        a foreign country that denies national treatment to United 
        States investment--
                    ``(A) action by the United States shall be treated 
                as being appropriate under section 304(a)(1); and
                    ``(B) the Trade Representative shall, in addition 
                to any other action considered appropriate and 
                feasible, impose with respect to investment by that 
                country and its nationals in the United States 
                conditions, limitations, and prohibitions that are 
                similar to those implemented through such act, policy, 
                or practice.''.
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