§3535 Review of participation in WTO

Summary

Requires a report to Congress after the WTO Agreement has been in force for the United States for 5 years, and again every 5 years after that. Congress’s earlier approval of the WTO Agreement stops being effective only if both Houses pass a special joint resolution that says Congress withdraws its approval under the Uruguay Round Agreements Act, and that resolution becomes law under the set timetable. The resolution must be passed and sent to the President within a 90-day period after Congress gets the report (excluding days listed in section 2194(b)). If the President vetoes it, both Houses must vote to override the veto by the later of the end of that 90-day period or the last day of a 15-day period after Congress gets the veto message (also excluding days in section 2194(b)). Any member of either House may introduce the joint resolution after the President sends the report and before the 90 days end. The resolution must have the required wording withdrawing approval. Committees must report it within 45 days or be automatically discharged. The Senate may not consider it unless the Finance Committee reports or is discharged, and the House may not consider it unless Ways and Means reports or is discharged. A House may not consider more than one such resolution, and the rules here are treated as part of each House’s rules and can be changed by that House.