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	Nays:2

United States-Colombia Trade Promotion Agreement Implementation Act

To implement the United States-Colombia Trade Promotion Agreement.

4/8/2008--Introduced.
United States-Colombia Trade Promotion Agreement Implementation Act - Approves the United States-Colombia Trade Promotion Agreement (the Agreement) entered into with the government of Colombia. Provides for the Agreement's entry into force upon certain condit more...ions being met on or after January 1, 2009.
Authorizes the President to proclaim actions, and other appropriate officers of the U.S. government to issue regulations, necessary to ensure appropriate implementation of any provision of this Act that takes effect on the date the Agreement enters into force.
Provides for: (1) administration of dispute settlement proceedings; (2) arbitration of certain claims against the United States; and (3) specified tariff modifications. Prescribes requirements for: (1) enforcement of textile and apparel rules of origin; (2) actions for relief from imports benefiting from the Agreement; and (3) certain textile and apparel safeguard measures.
Amends the Trade Agreements Act of 1979 to make eligible for U.S. government procurement products or services of a foreign country or instrumentality that is a party to the Agreement.
Provides for the following offsets: (1) amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to extend the authority for the collection of customs user fees for a specified period; and (2) amends the Tax Increase Prevention and Reconciliation Act of 2005 to increase by one percentage point the current increased percentage of any required installment of corporate estimated tax otherwise due in July, August, or September 2012, and by two percentage points the amount of any required installment of corporate estimated tax otherwise due in July, August, or September 2013.
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Sponsor

• Rep. Steny Hoyer [D, MD-5]
• and 1 Co-Sponsors
  • Rep. John Boehner [R, OH-8]
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Committees

• House Ways and Means

Amendments

This bill has no amendments.

Amendments to H.R.5724

Number	Status	Purpose

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Bill Status

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Introduced		Voted on by House		Voted on by Senate		Considered By President		Bill Becomes Law
April 08, 2008

Related Bills:

• H.Res.1092

Related Issue Areas:

• Trade
• Agriculture
• Agriculture in foreign trade
• Budgets
• 24 more
• Business
• Claims
• Clothing
• Colombia
• Congress and foreign policy
• Congressional oversight
• Congressional reporting requirements
• Corporation taxes
• Foreign policy
• Free trade
• Government liability
• Import relief
• Income tax
• International affairs
• Latin America
• Law
• President and foreign policy
• Presidents
• Tariff
• Tax administration
• Taxation
• Textile fabrics
• Trade agreements
• User charges

In the News

April 10, 2008 NAM Key Vote Letter on Consideration of HR 5724, the US-Colombia ...

The NAM’s Key Vote Advisory Committee has indicated that votes on any Fast Track/Trade Promotion Authority rule changes to HR 5724 will be considered for ...

Source: Manufacturers' Blog, DC
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April 10, 2008 Congress to support the US-Colombia TPA

... Footwear Association (AAFA) urged the US Congress to immediately approve the US/ Colombia Trade Promotion Agreement (TPA) Implementation Act (HR 5724). ...

Source: Fibre2fashion.com, India
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April 10, 2008 NAM Key Vote Letter on Consideration of HR 5724, the US-Colombia ...

The NAM’s Key Vote Advisory Committee has indicated that votes on any Fast Track/Trade Promotion Authority rule changes to HR 5724 will be considered for ...

Source: Manufacturers' Blog, DC
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Blog Coverage

May 10, 2008 RE: H.R.5724

H.R.5724 United States-Colombia Trade Promotion Agreement Implementation Act * Introduced: April 07, 2008 * Status: Introduced * Next step: Voted on by House * Latest action: Rule H. Res

Source: Let there be Justice
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May 01, 2008 Postponing the Consideration of the Trade Agreement with Colombia ...

... that removes the applicability of certain “fast track” rules in the House, which require certain trade deals to be voted on within 60 days of being introduced, from the consideration of the Colombian trade agreement (HR 5724).

Source: 2008 Presidential Election
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April 18, 2008 Talking Points on the US-Columbia FTA

Resolved, That section 151(e)(1) and section 151(f)(1) of the Trade Act of 1974 shall not apply in the case of the bill (HR 5724) to implement the United States-Colombia Trade Promotion Agreement.Passed 224-195 April 10th, ...

Source: The New American
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