Sec. 8. Congressional disapproval of waiver
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If a resolution of disapproval is introduced in the House of Representatives or the Senate during the 90-day period (not counting any day which is excluded under section 154(b)(1) of the Trade Act of 1974 (19 U.S.C. 2194(b)(1))), beginning on the date on which the President first notifies Congress of a determination to waive action with respect to a country pursuant to section 7(c)(1)(B), that resolution of disapproval shall be considered in accordance with this subsection. In this subsection, the term resolution of disapproval means only a joint resolution of the two Houses of the Congress, the sole matter after the resolving clause of which is as follows:
That Congress does not approve the determination of the President under ___________ of the , with the first blank space being filled section 7(c)(1)(B) or section 6(c)(1)(B), whichever is applicable, the second blank space being filled with the name of the appropriate country, and the third blank space being filled with the appropriate date. Currency Exchange Rate Oversight Reform Act of 2013 with respect to ______, of which Congress was notified on _____. Resolutions of disapproval— in the House of Representatives— may be introduced by any Member of the House of Representatives; shall be referred to the Committee on Financial Services and to the Committee on Rules; and may not be amended by either Committee; and in the Senate— may be introduced by any Member of the Senate; shall be referred to the Committee on Banking, Housing, and Urban Affairs; and may not be amended.
The provisions of subsections
(c)through
(f)of section 152 of the Trade Act of 1974 (other than paragraph
(3)of subsection (f)) (19 U.S.C. 2192
(c)through (f)) (relating to committee discharge and floor consideration of certain resolutions in the House and Senate) apply to a resolution of disapproval under this section to the same extent those subsections apply to joint resolutions under such section 152. This section is enacted by Congress— as an exercise of the rulemaking power of the House of Representatives and the Senate, respectively, and as such is deemed a part of the rules of each House, respectively, and the rules provided for in this section supersede other rules only to the extent that they are inconsistent with those other rules; and with the full recognition of the constitutional right of either House to change the rules provided for in this section (so far as relating to the procedures of that House) at any time, in the same manner, and to the same extent as any other rule of that House.
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