Repeal of balance-of-payments authority

(a) In general Section 122 of the Trade Act of 1974 (19 U.S.C. 2132) is repealed. (b) Clerical amendment The table of contents for the Trade Act of 1974 is amended by striking the item relating to section 122. (c) Conforming amendment Section 127(b) of the Trade Act of 1974 (19 U.S.C. 2137(b)) is amended, in the matter preceding subparagraph (A), by striking (and from any action under section 122(c)).