[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 1043 Introduced in Senate (IS)]

103d CONGRESS
  1st Session
                                S. 1043

  To extend until January 1, 1998, the existing suspension of duty on 
             certain bicycle parts, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

               March 27 (legislative day, April 19), 1993

    Mr. Glenn (for himself, Mr. Ford, Mr. McConnell, and Mr. Lugar) 
introduced the following bill; which was read twice and referred to the 
                          Committee on Finance

_______________________________________________________________________

                                 A BILL


 
  To extend until January 1, 1998, the existing suspension of duty on 
             certain bicycle parts, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXTENSION OF EXISTING SUSPENSION OF DUTY ON CERTAIN BICYCLE 
              PARTS.

    The following headings of the Harmonized Tariff Schedule of the 
United States are each amended by striking ``12/31/92'' and inserting 
``12/31/97'':
            (1) Heading 9902.40.11.
            (2) Heading 9902.73.12.
            (3) Heading 9902.73.15.
            (4) Heading 9902.84.79
            (5) Heading 9902.85.12.
            (6) Heading 9902.87.14.
            (7) Heading 9902.87.15.
            (8) Heading 9902.87.16.

SEC. 2. RENEWAL OF EXISTING CUSTOMS EXEMPTION APPLICABLE TO BICYCLE 
              PARTS IN FOREIGN TRADE ZONES.

    Section 3(b) of the Act of June 18, 1934 (commonly known as the 
Foreign Trade Zones Act) (19 U.S.C. 81c(b)) is amended by striking 
``December 31, 1992'' and inserting ``December 31, 1997''.

SEC. 3. EFFECTIVE DATE.

    (a) In General.--Except as provided in subsection (b), the 
amendments made by this Act apply with respect to goods entered, or 
withdrawn from warehouse for consumption, on or after the 15th day 
after the date of the enactment of this Act.
    (b) Retroactive Provision.--Notwithstanding section 514 of the 
Tariff Act of 1930 or any other provision of law to the contrary, upon 
a request filed with the appropriate customs officer before the 195th 
day after the date of the enactment of this Act, any entry or 
withdrawal from warehouse for consumption of goods to which any 
amendment made by this Act applies and that was made--
            (1) after December 31, 1992; and
            (2) before the 15th day after the date of the enactment of 
        this Act;
and with respect to which there would have been a lower duty if the 
amendment made by this Act had applied to such entry or withdrawal, 
shall be liquidated or reliquidated as though the amendments made by 
sections 1 and 2 applied to such entry or withdrawal.

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