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Code · STATUTE-COMPILATIONS · Trade Facilitation and Trade Enforcement Act of 2015 · Sec. 502

Sec. 502. OUTREACH AND INPUT FROM SMALL BUSINESSES TO TRADE PROMOTION AUTHORITY

900 words·~4 min read·/statute-compilations/comps-12452/sec-502

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## SEC. 502 OUTREACH AND INPUT FROM SMALL BUSINESSES TO TRADE PROMOTION AUTHORITY Section 203 of Public Law 94-305 (15 U.S.C. 634c) is amended— ####
(1)in the matter preceding paragraph (1), by striking “ The Office of Advocacy ” and inserting the following: > > ### “(a) In general > > The Office of Advocacy” > ; and ####
(2)by adding at the end the following: > > ### “(b) Outreach and Input From Small Businesses on Trade Promotion Authority > > > #### “(1) Definitions > > In this subsection— > > > ##### “(A) > > the term ‘agency’ has the meaning given the term in section 551 of title 5, United States Code; > > > ##### “(B) > > the term ‘Chief Counsel for Advocacy’ means the Chief Counsel for Advocacy of the Small Business Administration; > > > ##### “(C) > > the term ‘covered trade agreement’ means a trade agreement being negotiated pursuant to section 103(b) of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (Public Law 114-26; 19 U.S.C. 4202(b)); and > > > ##### “(D) > > the term ‘Working Group’ means the Interagency Working Group convened under paragraph (2)(A). > > > #### “(2) Working group > > > ##### “(A) In general > > Not later than 30 days after the date on which the President submits the notification required under section 105(a) of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (Public Law 114-26; 19 U.S.C. 4204(a)), the Chief Counsel for Advocacy shall convene an Interagency Working Group, which shall consist of an employee from each of the following agencies, as selected by the head of the agency or an official delegated by the head of the agency: > > > ###### “(i) > > The Office of the United States Trade Representative. > > > ###### “(ii) > > The Department of Commerce. > > > ###### “(iii) > > The Department of Agriculture. > > > ###### “(iv) > > Any other agency that the Chief Counsel for Advocacy, in consultation with the United States Trade Representative, determines to be relevant with respect to the subject of the covered trade agreement. > > > ##### “(B) Views of small businesses > > Not later than 30 days after the date on which the Chief Counsel for Advocacy convenes the Working Group under subparagraph (A), the Chief Counsel for Advocacy shall identify a diverse group of small businesses, representatives of small businesses, or a combination thereof, to provide to the Working Group the views of small businesses in the manufacturing, services, and agriculture industries on the potential economic effects of the covered trade agreement. > > > #### “(3) Report > > > ##### “(A) In general > > Not later than 180 days after the date on which the Chief Counsel for Advocacy convenes the Working Group under paragraph (2)(A), the Chief Counsel for Advocacy shall submit to the Committee on Small Business and Entrepreneurship and the Committee on Finance of the Senate and the Committee on Small Business and the Committee on Ways and Means of the House of Representatives a report on the economic impacts of the covered trade agreement on small businesses, which shall— > > > ###### “(i) > > identify the most important priorities, opportunities, and challenges to various industries from the covered trade agreement; > > > ###### “(ii) > > assess the impact for new small businesses to start exporting, or increase their exports, to markets in countries that are parties to the covered trade agreement; > > > ###### “(iii) > > analyze the competitive position of industries likely to be significantly affected by the covered trade agreement; > > > ###### “(iv) > > identify— > > > ###### “(I) > > any State-owned enterprises in each country participating in negotiations for the covered trade agreement that could pose a threat to small businesses; and > > > ###### “(II) > > any steps to take to create a level playing field for those small businesses; > > > ###### “(v) > > identify any rule of an agency that should be modified to become compliant with the covered trade agreement; and > > > ###### “(vi) > > include an overview of the methodology used to develop the report, including the number of small business participants by industry, how those small businesses were selected, and any other factors that the Chief Counsel for Advocacy may determine appropriate. > > > ##### “(B) Delayed submission > > To ensure that negotiations for the covered trade agreement are not disrupted, the President may require that the Chief Counsel for Advocacy delay submission of the report under subparagraph
(A)until after the negotiations for the covered trade agreement are concluded, provided that the delay allows the Chief Counsel for Advocacy to submit the report to Congress not later than 45 days before the Senate or the House of Representatives acts to approve or disapprove the covered trade agreement. > > > ##### “(C) Avoidance of duplication > > The Chief Counsel for Advocacy shall, to the extent practicable, coordinate the submission of the report under this paragraph with the United States International Trade Commission, the United States Trade Representative, other agencies, and trade advisory committees to avoid unnecessary duplication of reporting requirements.” > .
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  • Pub. L. 94-305
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Sec. 502
OUTREACH AND INPUT FROM SMALL BUSINESSES TO TRADE PROMOTION AUTHORITY
Pub. L.Pub. L. 94-305
Cites 5Cited by 0 across 0 sources
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