[Congressional Record Volume 167, Number 88 (Thursday, May 20, 2021)]
[Senate]
[Pages S3301-S3302]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1902. Mr. INHOFE submitted an amendment intended to be proposed to 
amendment SA 1502 proposed by Mr. Schumer to the bill S. 1260, to 
establish a new Directorate for Technology and Innovation in the 
National Science Foundation, to establish a regional technology hub 
program, to require a strategy and report on economic security, 
science, research, innovation, manufacturing, and job creation, to 
establish a critical supply chain resiliency program, and for other 
purposes; which was ordered to lie on the table; as follows:

        At the end of title III of division F, add the following:

     SEC. 6302. REVIEW AND REFORM OF FOREIGN TRADE REGULATIONS AND 
                   EXPORT ADMINISTRATION REGULATIONS.

       (a) In General.--Not later than 90 days after the date of 
     the enactment of this Act, the Secretary of Commerce shall 
     conduct a review, and as appropriate, revise the Foreign 
     Trade Regulations and the Export Administration Regulations 
     to ensure that definitions and regulatory requirements for 
     collecting, compiling, and publishing export trade statistics 
     are being administered and enforced in a fair, consistent, 
     and equitable manner, including for exports of aircraft.
       (b) Coordination.--In carrying out subsection (a), the 
     Secretary shall provide opportunities for interested non-
     Federal stakeholders to engage with, and provide input and 
     recommendations to, the Secretary on the revision of the 
     Foreign Trade Regulations and the Export Administration 
     Regulations.
       (c) Report to Congress.--Not later than 180 days after the 
     date of the enactment of this Act, the Secretary shall submit 
     a report to Congress on--
       (1) the progress made in the review conducted under 
     subsection (a), including details on guidance material and 
     educational outreach to exporters on their reporting 
     obligations under the Foreign Trade Regulations and the 
     Export Administration Regulations;
       (2) strategies to ensure compliance for required filings 
     through the Automated Export

[[Page S3302]]

     System, including the Electronic Export Information filing, 
     by developing guidance materials specific to exports of 
     aircraft;
       (3) opportunities for improving the understanding of the 
     reporting requirements by all parties to both a routed and 
     standard export transaction, including a review of existing 
     guidance and the potential for new guidance defining which 
     party to a transaction is the United States Principal Party 
     In Interest or the Foreign Principal Party In Interest (as 
     those terms are defined in section 30.1 of the Foreign Trade 
     Regulations); and
       (4) plans to enhance coordination between the Bureau of 
     Industry and Security, the Bureau of the Census, and other 
     Federal agencies in administering the Foreign Trade 
     Regulations and the Export Administration Regulations and 
     other relevant statutes and regulations.
       (d) Definitions.--In this section:
       (1) Export administration regulations.--The term ``Export 
     Administration Regulations'' has the meaning given that term 
     in section 1742 of the Export Control Reform Act of 2018 (50 
     U.S.C. 4801).
       (2) Foreign trade regulations.--The term ``Foreign Trade 
     Regulations'' means part 30 of title 15, Code of Federal 
     Regulations.
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