{"id":13288,"date":"2015-04-28T15:07:50","date_gmt":"2015-04-28T15:07:50","guid":{"rendered":"https:\/\/ipo.org\/?p=13288"},"modified":"2015-04-28T15:07:50","modified_gmt":"2015-04-28T15:07:50","slug":"leaders-trade-committees-u-s-congress-introduce-major-fast-track-bill-objectives-ip-negotiations","status":"publish","type":"post","link":"https:\/\/ipo.org\/index.php\/leaders-trade-committees-u-s-congress-introduce-major-fast-track-bill-objectives-ip-negotiations\/","title":{"rendered":"LEADERS OF TRADE COMMITTEES IN U.S. CONGRESS INTRODUCE MAJOR \u201cFAST-TRACK\u201d BILL WITH OBJECTIVES FOR IP NEGOTIATIONS"},"content":{"rendered":"

On April 16 Senate Finance Committee Chairman ORRIN HATCH (R-Utah), Ranking Member RON WYDEN (D-Ore.) and House Ways and Means Chairman PAUL RYAN (R-Wis.), leaders of the committees of the U.S. Congress responsible for international trade issues, introduced a 113-page bill titled the \u201cBipartisan Congressional Trade Priorities and Accountability Act of 2015<\/a>.\u201d The bill sets forth negotiating objectives for trade-related IP, among other objectives. The purpose of the bill is to give the government Trade Promotion Authority (TPA), sometimes called fast-track trade authority. The last TPA legislation expired in 2007. The legislation is important now because the U.S. is negotiating the Trans-Pacific Partnership agreement and the newer Transatlantic Trade and Investment Partnership.<\/p>\n

A\u00a0press release<\/a>, with a link to a summary, is available here. IPO will be studying the bill. Fast-track authority is widely supported in the business community but has powerful opponents.<\/p>\n

On April 22 the Senate Finance Committee by a 20-6 vote approved the trade promotion authority (TPA) bill with the support of seven Democrats. Senate Finance Democrats who voted in favor were WYDEN (Ore.), CANTWELL (Wash.), CARDIN (Md.), NELSON (Fla.), CARPER (Del.), WARNER (Va.) and BENNET (Colo.). BURR (N.C.) was the only Republican voting against it.<\/p>\n

On April 23 the House Ways & Means Committee approved fast-track trade bill H.R. 1890 by a vote of 25 to 13. The vote was along party lines except that Democrats BLUMENAUER (Oregon) and KIND (Wisconsin) voted with Republicans.<\/p>\n","protected":false},"excerpt":{"rendered":"

On April 16 Senate Finance Committee Chairman ORRIN HATCH (R-Utah), […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13288","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nLEADERS OF TRADE COMMITTEES IN U.S. CONGRESS INTRODUCE MAJOR \u201cFAST-TRACK\u201d BILL WITH OBJECTIVES FOR IP NEGOTIATIONS - Intellectual Property Owners Association<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipo.org\/index.php\/leaders-trade-committees-u-s-congress-introduce-major-fast-track-bill-objectives-ip-negotiations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LEADERS OF TRADE COMMITTEES IN U.S. CONGRESS INTRODUCE MAJOR \u201cFAST-TRACK\u201d BILL WITH OBJECTIVES FOR IP NEGOTIATIONS - 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