    [Constitution, Jefferson's Manual, and the Rules of the House of Representatives, 119th Congress]
    [119th Congress]
    [House Document 118-187]
    [Legislate Procedures Enacted in Law]
    [Pages 1347-1350]
    [From the U.S. Government Publishing Office, www.gpo.gov]

                36. Hong Kong Autonomy Act [22 U.S.C. 5701 note]

       Sec. 8. waiver, termination, exceptions, and congressional review

                                     process

                                      * * *

              (a) National Security Waiver--Unless a disapproval resolution

            is enacted under subsection (e), the President may waive the

            application of sanctions under section 6 or 7 with respect to a

            foreign person or foreign financial institution if the

            President--

                      (1) determines that the waiver is in the national

                    security interest of the United States; and

                      (2) submits to the appropriate congressional

                    committees and leadership a report on the determination

                    and the reasons for the determination.

              (b) Termination of Sanctions and Removal From Report--Unless a

            disapproval resolution is enacted under subsection (e), the

            President may terminate the application of sanctions under

            section 6 or 7 with respect to a foreign person or foreign

            financial institution and remove the foreign person from the

            report required under section 5(a) or the foreign financial

            institution from the report required under section 5(b), as the

            case may be, if the Secretary of State, in consultation with the

            Secretary of the Treasury, determines that the actions taken by

            the foreign person or foreign financial institution that led to

            the imposition of sanctions--

                      (1) do not have a significant and lasting negative

                    effect that contravenes the obligations of China under

                    the Joint Declaration and the Basic Law;

    [[Page 1348]]

                      (2) are not likely to be repeated in the future; and

                      (3) have been reversed or otherwise mitigated through

                    positive countermeasures taken by that foreign person or

                    foreign financial institution.

                                      * * *

              (e) Congressional Review--

                      (1) Resolutions--

                          (A) Disapproval Resolution--In this section, the

                        term ``disapproval resolution'' means only a joint

                        resolution of either House of Congress--

                            (i) the title of which is as follows: ``A joint

                        resolution disapproving the waiver or termination of

                        sanctions with respect to a foreign person that

                        contravenes the obligations of China with respect to

                        Hong Kong or a foreign financial institution that

                        conducts a significant transaction with that

                        person.''; and

                            (ii) the sole matter after the resolving clause

                        of which is the following: ``Congress disapproves of

                        the action under section 8 of the Hong Kong Autonomy

                        Act relating to the application of sanctions imposed

                        with respect to a foreign person that contravenes

                        the obligations of China with respect to Hong Kong,

                        or a foreign financial institution that conducts a

                        significant transaction with that person, on ___

                        relating to ___.'', with the first blank space being

                        filled with the appropriate date and the second

                        blank space being filled with a short description of

                        the proposed action.

                          (B) Termination Resolution--In this section, the

                        term ``termination resolution'' means only a joint

                        resolution of either House of Congress--

                            (i) the title of which is as follows: ``A joint

                        resolution terminating sanctions with respect to

                        foreign persons that contravene the obligations of

                        China with respect to Hong Kong and foreign

                        financial institutions that conduct significant

                        transactions with those persons.''; and

                            (ii) the sole matter after the resolving clause

                        of which is the following: ``The Hong Kong Autonomy

                        Act and any sanctions imposed pursuant to that Act

    [[Page 1349]]

                        shall terminate on

                        ___.'', with the blank space being filled with the

                        termination date.

                          (C) Covered Resolution--In this subsection, the

                        term ``covered resolution'' means a disapproval

                        resolution or a termination resolution.

                      (2) Introduction--A covered resolution may be

                    introduced--

                          (A) in the House of Representatives, by the

                        majority leader or the minority leader; and

                          (B) in the Senate, by the majority leader (or the

                        majority leader's designee) or the minority leader

                        (or the minority leader's designee).

                      (3) Floor Consideration in House of Representatives--

                    If a committee of the House of Representatives to which

                    a covered resolution has been referred has not reported

                    the resolution within 10 legislative days after the date

                    of referral, that committee shall be discharged from

                    further consideration of the resolution.

                                      * * *

                      (5) Rules Relating to Senate and House of

                    Representatives--

                          (A) Treatment of Senate Resolution in House--In

                        the House of Representatives, the following

                        procedures shall apply to a covered resolution

                        received from the Senate (unless the House has

                        already passed a resolution relating to the same

                        proposed action):

                            (i) The resolution shall be referred to the

                        appropriate committees.

                            (ii) If a committee to which a resolution has

                        been referred has not reported the resolution within

                        10 legislative days after the date of referral, that

                        committee shall be discharged from further

                        consideration of the resolution.

                            (iii) Beginning on the third legislative day

                        after each committee to which a resolution has been

                        referred reports the resolution to the House or has

                        been discharged from further consideration thereof,

                        it shall be in order to move to proceed to consider

                        the resolution in the House. All points of order

                        against the motion are waived. Such a motion shall

                        not be in order after the House has disposed of a

    [[Page 1350]]

                        motion to pro

                        ceed on the resolution. The previous question shall

                        be considered as ordered on the motion to its

                        adoption without intervening motion. The motion

                        shall not be debatable. A motion to reconsider the

                        vote by which the motion is disposed of shall not be

                        in order.

                            (iv) The resolution shall be considered as read.

                        All points of order against the resolution and

                        against its consideration are waived. The previous

                        question shall be considered as ordered on the

                        resolution to final passage without intervening

                        motion except 2 hours of debate equally divided and

                        controlled by the offeror of the motion to proceed

                        (or a designee) and an opponent. A motion to

                        reconsider the vote on passage of the resolution

                        shall not be in order.

                                      * * *

                          (C) Application to Revenue Measures--The

                        provisions of this paragraph shall not apply in the

                        House of Representatives to a covered resolution

                        that is a revenue measure.

                                      * * *

                                                               Sec. 1130(37)