[Congressional Record Volume 161, Number 77 (Tuesday, May 19, 2015)]
[Senate]
[Page S3072]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 1367. Mr. MERKLEY submitted an amendment intended to be proposed
to amendment SA 1221 proposed by Mr. Hatch to the bill H.R. 1314, to
amend the Internal Revenue Code of 1986 to provide for a right to an
administrative appeal relating to adverse determinations of tax-exempt
status of certain organizations; which was ordered to lie on the table;
as follows:
In section 103(b), strike paragraph (2) and insert the
following:
(2) Conditions.--
(A) In general.--A trade agreement may be entered into
under this subsection only if such agreement makes progress
in meeting the applicable objectives described in subsections
(a) and (b) of section 102 and the President satisfies the
conditions set forth in sections 104 and 105.
(B) Prohibition on certain agreements.--A trade agreement
may not be entered into under this subsection if such
agreement could subject policies of State or local
governments in the United States to claims by foreign
investors that would be decided outside the United States
legal system.
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