May 4, 1998
The Administration supports House passage of H.R. 567. The bill would
implement the Madrid Protocol concerning trademarks but would not become
effective until the United States accedes to the Protocol. The
Administration's policy is that the United States should not accede to the
Protocol until it addresses our concern about concurrent voting by regional
economic integration organizations, such as the European Community.
H.R. 567 would affect receipts and direct spending; therefore it is subject to the pay-as-you-go (PAYGO) requirements of the Omnibus Budget Reconciliation Act of 1990. OMB's preliminary PAYGO estimate is being developed.