Page:United States Statutes at Large Volume 108 Part 6.djvu/250

 108 STAT. 4818 PUBLIC LAW 103-465—DEC. 8, 1994 final and all timely appeals, including discretionary review, of such judgment are exhausted. (C) REPORTS TO CONGRESSIONAL COMMITTEES.— At least 30 days before the United States brings an action described in subparagraph (A), the Trade Representative shall provide a report to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate— (i) describing the proposed action; (ii) describing eiSbrts by the Trade Representative to resolve the matter with the State concerned by other means; and (iii) if the State law was the subject of consultations under the Dispute Settlement Understanding, certifying that the Trade Representative has substantialty compHed with the requirements of paragraph (I)(C) in connection with the matter. Following the submission of the report, and before the action is brought, the Trade Representative shall consult with the committees referred to in the preceding sentence concerning the matter. (3) DEFINITION OF STATE LAW.— For purposes of this subsection— (A) the term "State law" includes— (i) any law of a political subdivision of a State; and (ii) any State law regulating or taxing the business of insurance; and (B) the terms "dispute settlement panel" and "Appellate Body" have the meanings given those terms in section 121. (c) EFFECT OF AGREEMENT WITH RESPECT TO PRIVATE REM- EDIES. — (1) LIMITATIONS.—No person other than the United States— (A) shall have any cause of action or defense under £Uiy of the Uruguay Roimd Agreements or by virtue of congressional approval of such an agreement, or (B) may challenge, in any action brought under any provision of law, any action or inaction by any department, agency, or other instrumentality of the United States, any State, or any poUtical subdivision of a State on the ground that such action or inaction is inconsistent with such agreement (2) INTENT OF CONGRESS.— It is the intention of the Congress through paragraph (1) to occupy the field with respect to any cause of action or defense under or in connection with any of the Uruguay Round Agreements, including by precluding any person other tlmn the United States from bringing any action against Einy State or pohtical subdivision thereof or raising any defense to the application of State law under or in connection with any of the Uruguay Round Agreements— (A) on the basis of a judgment obtained by the United States in an action brought under any such agreement; or (B) on £my other basis.

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