[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 633 Introduced in Senate (IS)]

103d CONGRESS
  1st Session
                                 S. 633

To amend the Foreign Trade Zones Act to clarify that crude oil consumed 
  in refining operations is not subject to duty under the Harmonized 
                 Tariff Schedule of the United States.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

               March 23 (legislative day, March 3), 1993

 Mr. Akaka (for himself, Mr. Johnston, and Mr. Inouye) introduced the 
 following bill; which was read twice and referred to the Committee on 
                                Finance

_______________________________________________________________________

                                 A BILL


 
To amend the Foreign Trade Zones Act to clarify that crude oil consumed 
  in refining operations is not subject to duty under the Harmonized 
                 Tariff Schedule of the United States.

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

SECTION 1. CERTAIN FUEL NOT SUBJECT TO DUTY.

    (a) In General.--Section 3(d) of the Act of June 18, 1934 (commonly 
known as the Foreign Trade Zones Act (19 U.S.C. 81c(d)) is amended--
            (1) by striking ``In regard'' and inserting ``(1) 
        Calculation of Relative Values.--In regard''; and
            (2) by adding at the end thereof the following new 
        paragraph:
    ``(2) Fuel Consumed in Refining Operations.--Notwithstanding any 
other provision of law, crude oil and derivatives thereof, admitted 
into a foreign trade zone and consumed in the refining process, are not 
subject to duty.''.
    (b) Effective Date.--The amendments made by this section shall 
apply with respect to articles admitted into a foreign trade zone after 
the date which is 60 days after the date of the enactment of this Act.

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