United States-Colombia Trade Promotion Agreement Implementation Act

[AI summary unavailable — showing source text] United States-Colombia Trade Promotion Agreement Implementation Act - Approves the United States-Colombia Trade Promotion Agreement (the Agreement) entered into on November 22, 2006, with the government of Colombia, as amended by both governments on June 28, 2007. Prescribes implementing actions. Authorizes the President to establish or designate within the Department of Commerce an office responsible for administrative assistance to dispute settlement panels. Authorizes the President to proclaim specified tariff modifications. Requires the Secretary of the Treasury to assess specified additional duties on safeguard agricultural goods. Prescribes formulae for the regional value-content of certain automotive goods under the Agreement. Authorizes the President to proclaim the addition to the list in Annex 3-B of the Agreement of fabrics and yarns which are not available in commercial quantities in the United States. Amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to prohibit the charging of customs user fees with respect to originating goods under this Act. Amends the Tariff Act of 1930 with respect to: (1) penalty-free prompt correction by an importer of an incorre…