King & Spalding Client Alert: Is Congress Ready To Act On Trade Legislation? Bill To Renew Trade Promotion Authority About To Be Considered

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2015-04-21 16:39:27

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King & Spalding

CLIENT ALERT

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Government Advocacy & Public Policy Practice Group

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Is Congress Ready To Act On Trade Legislation?

Bill To Renew Trade Promotion Authority About To Be Considered

On April 16, long-awaited trade promotion authority (TPA) legislation was introduced in the House and Senate. The Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (S. 995/H.R. 1890) is sponsored by the Chairman and Ranking Member of the Senate Finance Committee, Senators Orrin Hatch (R-UT) and Ron Wyden (D-OR), and the Chairman of the House Ways and Means Committee Paul Ryan (R-WI). The ranking member of the Ways and Means Committee, Sandy Levin (D-MI), was notably not a co-sponsor of the bill. The legislation renews presidential authority to negotiate and submit to Congress trade agreements, including the nearly-completed Trans-Pacific Partnership (TPP). Previous trade promotion authority lapsed in 2007.

More » http://www.kslawmail.com/rs/ct.aspx?ct=24F76F1AD7E00AEDC1D180ADD428901CD5BE488CE9A329E48

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Contact(s):

Michael A. Andrews http://www.kslawmail.com/rs/ct.aspx?ct=24F76F1AD7E00AEDC1D180ADD428901CD5BE4B89E3B033FC69D75540420
Thomas J. Spulak http://www.kslawmail.com/rs/ct.aspx?ct=24F76F1AD7E00AEDC1D180ADD428901CD5BE4B89E3A22DED77D3494F6
Bonnie B. Byers http://www.kslawmail.com/rs/ct.aspx?ct=24F76F1AD7E00AEDC1D180ADD428901CD5BE4B89E3B324FD69C15E7
George C. Crawford http://www.kslawmail.com/rs/ct.aspx?ct=24F76F1AD7E00AEDC1D180ADD428901CD5BE4B89E3B22FF96CD44D415AC61
Joseph Laroski http://www.kslawmail.com/rs/ct.aspx?ct=24F76F1AD7E00AEDC1D180ADD428901CD5BE4B89E3BD3CEA74C1495A425
Lauren M. Donoghue http://www.kslawmail.com/rs/ct.aspx?ct=24F76F1AD7E00AEDC1D180ADD428901CD5BE4B89E3B532F674D54A465BC6A

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About King & Spalding

Celebrating more than 125 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with 800 lawyers in 17 offices in the United States, Europe, the Middle East and Asia. The firm also represents hundreds of clients with new ventures and mid-sized companies in emerging industries. For additional information, visit www.kslaw.com.

This alert provides a general summary of recent legal developments. It is not intended to be and should not be relied upon as legal advice. In some jurisdictions, this may be considered "Attorney Advertising."

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