text: SECTION 1. SHORT TITLE.
  
      This Act may be cited as the ``Trade Promotion Authority Extension 
  and Enhancement Act of 2007''.
  
  SEC. 2. EXTENSION OF TRADE PROMOTION AUTHORITY.
  
      Section 2103 of the Bipartisan Trade Promotion Authority Act of 
  2002 (19 U.S.C. 3803) is amended--
              (1) in subsection (a)(1)(A)--
                      (A) in clause (i), by striking ``2005'' and 
                  inserting ``2011''; and
                      (B) by amending clause (ii) to read as follows:
                              ``(ii) July 1, 2016, and July 1 of each 
                          fifth calendar year thereafter, subject to 
                          subsection (c).'';
              (2) in subsection (b)(1)(C)--
                      (A) in clause (i), by striking ``2005'' and 
                  inserting ``2011''; and
                      (B) by amending clause (ii) to read as follows:
                              ``(ii) July 1, 2016, and July 1 of each 
                          fifth calendar year thereafter, subject to 
                          subsection (c).''; and
              (3) in subsection (c)--
                      (A) in paragraph (1)--
                              (i) in subparagraph (A), by striking 
                          ``2005'' and inserting ``2011''; and
                              (ii) by amending subparagraph (B) to read 
                          as follows:
                      ``(B) the trade authorities procedures shall be 
                  extended to implementing bills submitted with respect 
                  to trade agreements entered into under subsection (b) 
                  during the 5-year period beginning on July 1, 2011, and 
                  during each 5-year period thereafter, unless the 
                  Congress adopts an extension disapproval resolution 
                  under paragraph (5) after April 1, and before July 1, 
                  of the year in which any such 5-year period begins.
          If an extension disapproval resolution is adopted during the 
          period specified in subparagraph (B), then trade authorities 
          procedures shall not be extended with respect to trade 
          agreements entered into during any 5-year period described in 
          subsection (b) that begins on or after the date on which the 
          resolution is adopted.'';
                      (B) in paragraph (2)--
                              (i) by striking ``If the President'' and 
                          all that follows through ``extension,'' and 
                          inserting ``The President shall submit to the 
                          Congress, not later than April 1, 2011, and not 
                          later than April 1 of each fifth year 
                          thereafter, a written report with respect to 
                          the extension of trade authorities procedures 
                          during the 5-year period beginning on July 1 of 
                          the year in which the report is submitted,'' ; 
                          and
                              (ii) by adding at the end the following 
                          flush sentence:
          ``No report under this paragraph is required after a 
          disapproval resolution is adopted under paragraph (5).'';
                      (C) by amending paragraph (3) to read as follows:
              ``(3) Other reports to congress.--
                      ``(A) Report by the advisory committee.--the 
                  Advisory Committee for Trade Policy and Negotiations 
                  established under section 135 of the trade Act of 1974 
                  shall, not later than June 1, 2011, and not later than 
                  June 1 of each fifth year thereafter, a written report 
                  that contains--
                              ``(i) its views regarding the progress that 
                          has been made in negotiations to achieve the 
                          purposes, policies, priorities, and objectives 
                          of this title; and
                              ``(ii) a statement of its views, and the 
                          reasons therefor, regarding whether the trade 
                          authorities procedures should be extended for 
                          the succeeding 5-year period under paragraph 
                          (1).
                      ``(B) Report by itc.--The International Trade 
                  Commission shall submit to the Congress, not later than 
                  June 1, 2011, and not later than June 1 of each fifth 
                  year thereafter, a written report that contains a 
                  review and analysis of the economic impact on the 
                  United States of all trade agreements implemented on or 
                  after July 1 of the fifth preceding calendar year.
                      ``(C) Termination of reporting requirement.--No 
                  report under subparagraph (A) or (B) is required after 
                  a disapproval resolution is adopted under paragraph 
                  (5).''; and
                      (D) in paragraph (5)--
                              (i) by striking ``(5)'' and all that 
                          follows through the end of subparagraph (A) and 
                          inserting the following:
              ``(5) Extension disapproval resolutions.--(A) For purposes 
          of paragraph (1), the term `extension disapproval resolution' 
          means a concurrent resolution of Congress, the sole matter 
          after the resolving clause of which is as follows: `That the 
          Congress disapproves the extension of trade authorities 
          procedures under the Bipartisan Trade Promotion Authority Act 
          of 2002 to any implementing bill submitted with respect to any 
          trade agreement entered into under section 2103(b) of that Act 
          on or after July 1, ___.', with the blank space being filled 
          with the year that begins the applicable 5-year period 
          described in paragraph (1)(B).''; and
                              (ii) in subparagraph (D)(iii), by striking 
                          ``after June 30, 2005'' and inserting ``during 
                          the period beginning on July 1 of a year that 
                          begins a 5-year period described in paragraph 
                          (1)(B) and ending on April 1 of the last year 
                          of that 5-year period''.
target: Trade Promotion Authority Extension and Enhancement Act of 2007 - Amends the Bipartisan Trade Promotion Authority Act of 2002 to extend the President's authority until July 1, 2011 (or until July 1, 2016, and July 1 of each fifth year thereafter if the President extends such authority and the Congress approves) to enter into trade agreements with foreign countries whose tariff and nontariff policies unduly burden or restrict U.S. trade or adversely affects the U.S. economy. Extends trade authorities procedures (congressional approval) to bills implementing trade agreements entered into during the five-year period beginning on July 1, 2011, and during each five-year period thereafter, unless Congress disapproves after April 1, and before July 1, of the year in which any such five-year period begins.
feat_title: To extend trade promotion authority.