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119-sconres-5119th Congress

A concurrent resolution expressing the sense of Congress that the proposed "joint interpretation" of Annex 14-C of the United States-Mexico-Canada Agreement prepared by United States Trade Representative Katherine Tai is of no legal effect with respect to the United States or any United States person unless it is approved by Congress.

Sponsored By: Senator Britt, Katie Boyd [R-AL]

Introduced

Summary

Congress must approve any joint interpretation of Annex 14-C before it has legal effect. This resolution would say the joint interpretation prepared by the United States Trade Representative (Katherine Tai) has no legal effect for the United States or any U.S. person unless Congress gives formal approval.

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  • U.S. investors in Canada and Mexico: Keeps Annex 14-C protections intact for eligible investments unless Congress approves a change. Annex 14-C covers recourse for certain investments made while NAFTA was in force and for 3 years after.
  • Federal agencies: Would bar the Office of the United States Trade Representative, the Department of State, or any other U.S. agency from invoking the joint interpretation in legal proceedings or treating it as legally binding unless Congress approves it.
  • Congressional oversight: Asserts the USTR did not consult Congress appropriately and says congressional approval is a necessary prerequisite before agreeing to a joint interpretation.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Britt, Katie Boyd [R-AL]

AL • R

Cosponsors

  • Sen. Tuberville, Tommy [R-AL]

    AL • R

    Sponsored 1/15/2025

Roll Call Votes

No roll call votes available for this bill.

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