U.S. Code » Title 31 » Subtitle SUBTITLE I— GENERAL › Chapter CHAPTER 3— DEPARTMENT OF THE TREASURY › Subchapter SUBCHAPTER I— ORGANIZATION

31 U.S.C. § 314

Covered agreements

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(a)Authority.—The Secretary and the United States Trade Representative are authorized, jointly, to negotiate and enter into covered agreements on behalf of the United States.(b)Requirements for Consultation With Congress.—(1)In general.—Before initiating negotiations to enter into a covered agreement under subsection (a), during such negotiations, and before entering into any such agreement, the Secretary and the United States Trade Representative shall jointly consult with the Committee on Financial Services and the Committee on Ways and Means of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs and the Committee on Finance of the Senate.(2)Scope.—The consultation described in paragraph (1) shall include consultation with respect to—(A) the nature of the agreement;(B) how and to what extent the agreement will achieve the applicable purposes, policies, priorities, and objectives of section 313 and this section; and(C) the implementation of the agreement, including the general effect of the agreement on existing State laws.(c)Submission and Layover Provisions.—A covered agreement under subsection (a) may enter into force with respect to the United States only if—(1) the Secretary and the United States Trade Representative jointly submit to the congressional committees specified in subsection (b)(1), on a day on which both Houses of Congress are in session, a copy of the final legal text of the agreement; and(2) a period of 90 calendar days beginning on the date on which the copy of the final legal text of the agreement is submitted to the congressional committees under paragraph (1) has expired.(Added Pub. L. 111–203, title V, § 502(a)(3), July 21, 2010, 124 Stat. 1588.)Statutory Notes and Related SubsidiariesEffective Date

Section effective 1 day after July 21, 2010, except as otherwise provided, see section 4 of Pub. L. 111–203, set out as a note under section 5301 of Title 12, Banks and Banking.

Notes of Decisions
Cited in 9 cases, 1936–1989 · leading case: United States v. Moon, 616 F.2d 1043 (8th Cir. 1980).
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United States v. Moon, 616 F.2d 1043 (8th Cir. 1980). “See 31 U.S.C. § 314 , which provides in pertinent part: The dollar of gold nine-tenths fine consisting of the weight determined under the provisions of section 821 of this title shall be the standard unit of value.”
Baird v. Cnty. Assessors, 779 P.2d 676 (Utah 1989). · cites it 11× “The plaintiffs argued that the fair market value of their properties was unlawfully based on federal reserve notes rather than gold-valued dollars, contrary to the “standard unit of value” set forth in 31 U.S.C. § 314 (1976). 1 According to the plaintiffs’ argument, a valuation…”
Leitch v. State, Dep't of Revenue, 519 P.2d 1045 (Or. Ct. App. 1974). “His argument falls *629 roughly under three general categories: (1) that the transportation district’s taxes are constitutionally illegal because they are unequal between persons and classes; (2) that such taxes can only be collected in specie designated in U.”
Emery Bird Thayer Dry Goods Co. v. Williams, 98 F.2d 166 (8th Cir. 1938). “” Revised Statutes, § 3511, Act of March 14, 1900, § 1, 31 U.S.C.A. § 314 , provided that the dollar, consisting of 255io grains of gold %o fine, should be the standard unit of value, and all forms of money issued or coined by the United States should be maintained at a parity…”
Leitch v. Dep't of Revenue, 9 Or. Tax 256 (Or. T.C. 1982). “(The plaintiffs’ formula is clearly described in plaintiffs’ Opening Brief and is based on 31 USC § 314 .) Dr. Leitch apparently has studied for years the origins of the U.”
Holyoke Water Power Co. v. Am. Writing Paper Co., 83 F.2d 398 (1st Cir. 1936). · cites it 2× “45 [ 31 U.S.C.A. § 314 ]), until the weight was changed by Presidential Proclamation on January 31, 1934 ( 31 U.”
F. W. Woolworth Co. v. United States, 115 F.2d 348 (C.C.P.A. 1940). “During that same period the standard gold dollar (the standard unit of value) in circulation in the United States contained 25%o grains of gold, 9%o fine, 31 U.S.C.A. §§ 314 , 315,, and the value of the gold in the German gold mark in terms of United States money, as determined…”
DeJulis v. Alexander, 393 F. Supp. 823 (D. Wyo. 1975). “See 31 U.S.C. §§ 314 and 316. The President of the United States has been conferred with the authority to set forth such values as may be required to “maintain the parity of such coins.”
Machen v. United States, 87 F.2d 594 (4th Cir. 1937). “45 , 31 U.S.C.A. § 314 . And the statutes provided for the use of gold coin as a medium of exchange.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.