Bill Summary & Status for the 107th Congress

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S.137
Title: A bill to authorize negotiation of free trade agreements with countries of the Americas, and for other purposes.
Sponsor: Sen Gramm, Phil [TX] (introduced 1/22/2001)      Cosponsors: (none)
Latest Major Action: 1/22/2001 Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.
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TITLE(S):  (italics indicate a title for a portion of a bill)
STATUS: (color indicates Senate actions)
1/22/2001:
Introductory remarks on measure. (CR S410-411, S413-414)
1/22/2001:
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S411-412)
COMMITTEE(S):
RELATED BILL DETAILS:

***NONE***

AMENDMENT(S):

***NONE***

COSPONSOR(S):

***NONE***

SUMMARY AS OF:
1/22/2001--Introduced.

Americas Free Trade Act - Requires the President to initiate trade agreement negotiations with Western Hemisphere countries for the reduction and elimination of tariffs and nontariff trade barriers and the establishment of a Western Hemisphere free trade area.

Declares that this Act shall not apply to Cuba unless the President certifies to the Congress that: (1) freedom has been restored in Cuba; and (2) the claims of U.S. citizens for compensation for expropriated property have been appropriately addressed.

Sets forth determinations the President must make about Cuba before certifying that freedom has been restored. Requires that, once such certification is made, priority be given to negotiation of a free trade agreement with Cuba.

Applies congressional fast track procedures (no amendments) to implementing bills for trade agreements entered under this Act.