H.R.2124 - Trade Reorganization Act of 1995104th Congress (1995-1996)
Summary: H.R.2124 — 104th Congress (1995-1996)
Introduced in House (07/27/1995)
TABLE OF CONTENTS:
Title I: General Provisions
Title II: United States Trade Administration
Subtitle A: Establishment
Subtitle B: Officers
Subtitle C: Transfers to the Administration
Subtitle D: Administrative Provisions
Subtitle E: Related Agencies
Subtitle F: Conforming Amendments
Title III: Transitional, Savings, and Conforming Provisions
Title IV: Miscellaneous
Trade Reorganization Act of 1995 - Title I: General Provisions - Sets forth congressional findings with respect to the expansion of U.S. trade.
Title II: United States Trade Administration - Subtitle A: Establishment - Establishes the United States Trade Administration (Administration), to be administered by the United States Trade Representative (USTR).
(Sec. 202) Directs the USTR, among other things, to: (1) exercise primary responsibility for developing international trade policy, including the initiation of international trade negotiations; (2) establish a national export strategy; and (3) promote new opportunities for U.S. products and services to compete in the world marketplace.
Subtitle B: Officers - Establishes the officers of the Administration, including a Deputy Administrator, two Deputy USTR's, and a Director General for Export Promotion.
Subtitle C: Transfers to the Administration - Transfers to the USTR of the Administration all functions of: (1) the USTR and the Office of the USTR in the Executive Office of the President; (2) specified officers and employees of the Department of Commerce; and (3) the Director of the Trade and Development Agency.
Subtitle D: Administrative Provisions - Sets forth administrative provisions, including establishment of a working capital fund.
(Sec. 242) Directs the USTR to report to the President and the Congress any recommendations for the establishment of a Professional Trade Service Corps to administer U.S. trade policies and activities.
Subtitle E: Related Agencies - Amends the Trade Expansion Act of 1962 to revise the composition of the Interagency Trade Organization to replace the Secretary of Commerce with representatives of such other Federal agencies as the USTR shall designate.
(Sec. 252) Amends the National Security Act of 1947 to include the USTR in National Security Council.
(Sec. 253) Amends the Bretton Woods Agreement Act to require the U.S. executive director of the International Monetary Fund to consult with the USTR with respect to trade matters under consideration by the Fund.
Subtitle G (sic): Conforming Amendments - Makes conforming amendments to the Trade Act of 1974.
(Sec. 261) Amends the Foreign Service Act of 1980 to authorize the USTR (currently, the Secretary of Commerce) to utilize the Foreign Service personnel system with respect to certain personnel.
Title III: Transitional, Savings, and Conforming Provisions - Sets forth transitional, savings, and conforming provisions.
Title IV: Miscellaneous - Sets forth effective dates.
(Sec. 402) Provides for interim appointments and personnel and funding reductions.
(Sec. 404) Authorizes appropriations.