Chapter Eighteen (Intellectual Property Rights) No statutory or administrative changes will be required to implement Chapter Eighteen. Chapter Nineteen (Labor) 1. Implementing Bill No statutory changes will be required to implement Chapter Nineteen. 2. Administrative Action Article 19.5.1 of the Agreement establishes a Labor Affairs Council comprising senior officials from each Party. Article 19.5.3 of the Agreement calls for each government to designate an office to serve as a contact point with the other country and the public. The Department of Labor’s Bureau of International Labor Affairs (ILAB) will serve as the U.S. contact point for these purposes, and will consult with USTR in carrying out this function. Chapter Twenty (Environment) 1. Implementing Bill No statutory changes will be required to implement Chapter Twenty. 2. Administrative Action Article 20.6.1 of the Agreement establishes an Environmental Affairs Council, comprising senior-level officials, including officials with environmental responsibilities, from each Party. Article 20.9.1 of the Agreement provides that either government may request consultations with the other concerning any matter arising under the chapter and contemplates that each government will designate a contact point to receive such requests. USTR’s Office of Environment and Natural Resources will serve as the U.S. contact point for this purpose. TITLE V OFFSETS – Increase in Penalty on Paid Preparers Who Fail to Comply with Earned Income Tax Credit Due Diligence Requirements Section 501 of the bill amends section 6695 of the Internal Revenue Code of 1986 to increase from $100 to $500 the penalty on tax return preparers who fail to comply with the due diligence requirements for determining eligibility for the earned income tax credit.
Chapter Eighteen (Intellectual Property Rights) No statutory or administrative changes will be required to implement Chapter Eighteen. Chapter Nineteen (Labor) 1. Implementing Bill No statutory changes will be required to implement Chapter Nineteen. 2. Administrative Action Article 19.5.1 of the Agreement establishes a Labor Affairs Council comprising senior officials from each Party. Article 19.5.3 of the Agreement calls for each government to designate an office to serve as a contact point with the other country and the public. The Department of Labor’s Bureau of International Labor Affairs (ILAB) will serve as the U.S. contact point for these purposes, and will consult with USTR in carrying out this function. Chapter Twenty (Environment) 1. Implementing Bill No statutory changes will be required to implement Chapter Twenty. 2. Administrative Action Article 20.6.1 of the Agreement establishes an Environmental Affairs Council, comprising senior-level officials, including officials with environmental responsibilities, from each Party. Article 20.9.1 of the Agreement provides that either government may request consultations with the other concerning any matter arising under the chapter and contemplates that each government will designate a contact point to receive such requests. USTR’s Office of Environment and Natural Resources will serve as the U.S. contact point for this purpose. TITLE V – OFFSETS Increase in Penalty on Paid Preparers Who Fail to Comply with Earned Income Tax Credit Due Diligence Requirements Section 501 of the bill amends section 6695 of the Internal Revenue Code of 1986 to increase from $100 to $500 the penalty on tax return preparers who fail to comply with the due diligence requirements for determining eligibility for the earned income tax credit.
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