[Congressional Record (Bound Edition), Volume 157 (2011), Part 10]
[Senate]
[Page 14468]
[From the U.S. Government Publishing Office, www.gpo.gov]




                           TEXT OF AMENDMENTS

  SA 669. Mr. MERKLEY (for himself, Mr. Enzi, and Mr. Barrasso) 
submitted an amendment intended to be proposed by him to the bill S. 
1619, to provide for identification of misaligned currency, require 
action to correct the misalignment, and for other purposes; which was 
ordered to lie on the table; as follows:

       At the end, add the following:

     SEC. __. MANDATORY DISCLOSURE BY THE UNITED STATES IF MEMBERS 
                   OF THE WORLD TRADE ORGANIZATION FAIL TO 
                   DISCLOSE SUBSIDIES UNDER THE AGREEMENT ON 
                   SUBSIDIES AND COUNTERVAILING MEASURES.

       (a) In General.--The United States Trade Representative 
     shall--
       (1) review each notification of subsidies submitted under 
     Article 25 of the Agreement on Subsidies and Countervailing 
     Measures by a member of the World Trade Organization with 
     which the United States maintains a material and persistent 
     trade deficit;
       (2) identify any such member that, for 2 consecutive 
     years--
       (A) fails to submit such a notification; or
       (B) omits information or includes inaccurate information in 
     such a notification that is material with respect to the 
     totality of the subsidies of the member; and
       (3) notify the Committee on Subsidies and Countervailing 
     Measures under Article 25 of the Agreement on Subsidies and 
     Countervailing Measures of the subsidies of a member 
     identified under paragraph (2) not later than 180 days 
     after--
       (A) in the case of a member identified under paragraph 
     (2)(A), the date on which the second notification not 
     submitted by the member was required to be submitted; or
       (B) in the case of a member identified under paragraph 
     (2)(B), the date of the submission of the second notification 
     in which the information was omitted or the inaccurate 
     information was included, as the case may be.
       (b) Agreement on Subsidies and Countervailing Measures 
     Defined.--The term ``Agreement on Subsidies and 
     Countervailing Measures'' means the Agreement on Subsidies 
     and Countervailing Measures referred to in section 101(d)(12) 
     of the Uruguay Round Agreements Act (19 U.S.C. 3511(d)(12)).

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