[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4451 Introduced in House (IH)]







107th CONGRESS
  2d Session
                                H. R. 4451

To amend the Harmonized Tariff Schedule of the United States to provide 
  separate subheadings for low-energy magnets and articles containing 
   magnets and to create additional U.S. notes explaining the tariff 
 classification of low-energy magnets and articles containing magnets.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 16, 2002

Mr. Strickland (for himself and Mr. Ney) introduced the following bill; 
         which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Harmonized Tariff Schedule of the United States to provide 
  separate subheadings for low-energy magnets and articles containing 
   magnets and to create additional U.S. notes explaining the tariff 
 classification of low-energy magnets and articles containing magnets.

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

SECTION 1. LOW-ENERGY MAGNETS AND ARTICLES INCLUDING MAGNETS.

    (a) In General.--
            (1) Heading 3924 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheading, with the article description for 
        subheading 3924.90.75 having the same degree of indentation as 
        the article description for subheading 3924.90.20:

      

``       3924.90.75       Articles described   3.4%                 Free (A, CA, E, IL,  80%
                           in subheadings                            J, JO, MX)
                           3924.90.20 and
                           3924.90.55                                                                         ''
                           containing magnets                                                                  .

            (2) Heading 3926 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheading 3926.10.10 having the same degree of indentation as 
        the article description for subheading 3926.10.00, and with the 
        article description for subheading 3926.90.90 having the same 
        degree of indentation as the article description for subheading 
        3926.90.70:

      

``       3926.10.10       Articles described   5.3%                 Free (A, CA, E, IL,  80%
                           in subheading                             J, JO, MX)
                           3926.10.00
                           containing magnets
         3926.90.90       Articles described   5.3%                 Free (A, B, C, CA,   80%
                           in subheading                             E, IL, J, JO, MX)
                           3926.90.98                                                                         ''
                           containing magnets                                                                  .

            (3) Heading 4820 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheading 4820.10.30 having the same degree of indentation as 
        the article description for subheading 4820.10.20, with the 
        article description for subheading 4820.10.50 having the same 
        degree of indentation as the article description for subheading 
        4821.10.40, and with the article description for subheading 
        4820.30.35 having the same degree of indentation as the article 
        description for subheading 4820.30.00:

      

``       4820.10.30       Articles described   0.8%                 Free (A, CA, E, IL,  25%
                           in subheading                             J, MX)
                           4820.10.20
                           containing magnets
         4820.10.50       Articles described   Free                                      25%
                           in subheading
                           4820.10.40
                           containing magnets
         4820.20.35       Articles described   1.1%                 Free (A, CA, E, IL,  35%
                           in subheading                             J, MX)                                   ''
                           4820.30.00                                                                          .
                           containing magnets

            (4) Heading 4823 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheading, with the article description for 
        subheading 4823.90.67 having the same degree of indentation as 
        the article description for subheading 4823.90.66:

      

``       4823.90.67       Articles described   1.1%                 Free (A, CA, E, IL,  26.5%
                           in subheading                             J, MX)                                   ''
                           4823.90.66                                                                          .
                           containing magnets

            (5) Heading 4910 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheadings 4910.00.30 and 4910.00.50 having the same degree of 
        indentation as the article description for subheading 
        4910.00.20, and with the article description for subheading 
        4910.00.70 having the same degree of indentation as the article 
        description for subheading 4910.00.60:

      

``       4910.00.30       Articles described   Free                                      66 cents/kg
                           in subheading
                           4910.00.20
                           containing magnets
         4910.00.50       Articles described   0.9 cents/kg         Free (A, CA, E, IL,  19 cents/kg
                           in subheading                             J, MX)
                           4910.00.40
                           containing magnets
         4910.00.70       Articles described   0.6%                 Free (A, CA, E, IL,  35%
                           in subheading                             J, MX)                                   ''
                           4910.00.60                                                                          .
                           containing magnets

            (6) Heading 4911 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheadings 4911.91.25 and 4911.91.35 having the same degree of 
        indentation as the article description for subheading 
        4911.91.20, with the article description for subheading 
        4911.91.45 having the same degree of indentation as the article 
        description for subheading 4911.91.40, and with article 
        description for subheadings 4911.99.70 and 4911.99.90 having 
        the same degree of indentation as the article description for 
        subheading 4911.99.60:

      

``       4911.91.25       Articles described   2.6 cents/kg         Free (A, CA, E, IL,  66 cents/kg
                           in subheading                             J, MX)
                           4911.91.20
                           containing magnets
         4911.91.35       Articles described   Free                                      19.3 cents/kg
                           in subheading
                           4911.91.30
                           containing magnets
         4911.91.45       Articles described   0.6%                 Free (A, CA, E, IL,  25%
                           in subheading                             J, MX)
                           4911.91.40
                           containing magnets
         4911.99.70       Articles described   1%                   Free (A, CA, E, IL,  66 cents/kg+ 0.4%
                           in subheading                             J, MX)
                           4911.99.60
                           containing magnets
         4911.99.90       Articles described   1%                   Free (A, CA, E, IL,  35%
                           in subheading                             J, MX)                                   ''
                           4911.99.80                                                                          .
                           containing magnets

            (7) Heading 6307 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheading, with the article description for 
        subheading 6307.90.99 having the same degree of indentation as 
        the article description for subheading 6307.90.98:

      

``       6307.90.99       Articles described   7%                   Free (A, B, CA, E,   40%
                           in subheading                             IL, J, MX) 3.5%
                           6307.90.98                                (JO)
                           containing magnets                                                                 ''

            (8) Heading 6406 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheading, with the article description for 
        subheading 6406.99.95 having the same degree of indentation as 
        the article description for subheading 6406.99.90:

      

``       6406.99.95       Articles described   Free                                      45%
                           in subheading                                                                      ''
                           6406.99.90                                                                          .
                           containing magnets

            (9) Heading 6912 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheading, with the article description for 
        subheading 6912.00.55 having the same degree of indentation as 
        the article description for subheading 6912.00.50:
      

``       6912.00.55       Articles described   6%                   Free (A, CA, E, IL,  50.5%
                           in subheading                             J, JO, MX)
                           6912.00.50                                                                         ''
                           containing magnets                                                                  .

            (10) Heading 6913 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheadings 6913.10.60, 6913.90.25, 6913.90.35, and 6913.90.55 
        having the same degree of indentation as the article 
        description for subheading 6913.10.50:

      

``       6913.10.60       Articles described   Free                                      70%
                           in subheading
                           6913.10.50
                           containing magnets
         6913.90.25       Articles described   Free                                      50%
                           in subheading
                           6913.90.20
                           containing magnets
         6913.90.35       Articles described   Free                                      25%
                           in subheading
                           6913.90.30
                           containing magnets
         6913.90.55       Articles described   6%                   Free (A, CA, E, IL,  51.5%
                           in subheading                             J, JO, MX)
                           6913.90.50                                                                         ''
                           containing magnets                                                                  .

            (11) Heading 6914 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheadings 6914.10.90 and 6914.90.90 having the same degree of 
        indentation as the article description for subheading 
        6914.10.80:

      

``       6914.10.90       Articles described   9%                   Free (A, CA, E, IL,  60%
                           in subheading                             J, JO, MX)
                           6914.10.80
                           containing magnets
         6914.90.90       Articles described   5.6%                 Free (A, CA, E, IL,  45%
                           in subheading                             J, JO, MX)
                           6914.90.80                                                                         ''
                           containing magnets                                                                  .

            (12) Heading 7009 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheadings 7009.91.20, 7009.91.60, 7009.92.20, and 7009.92.60 
        having the same degree of indentation as the article 
        description for subheading 7009.91.10:

      

``       7009.91.20       Articles described   7.8%                 Free (A, B, CA, E,   50%
                           in subheading                             IL, J, MX) 3.9%
                           7009.91.10                                (JO)
                           containing magnets
         7009.91.60       Articles described   6.5%                 Free (A, B, CA, E,   45%
                           in subheading                             IL, J, MX) 3.2%
                           7009.91.50                                (JO)
                           containing magnets
         7009.92.20       Articles described   7.8%                 Free (A, B, CA, E,   50%
                           in subheading                             IL, J, MX) 3.9%
                           7009.92.10                                (JO)
                           containing magnets
         7009.92.60       Articles described   6.5%                 Free (A, B, CA, E,   45%
                           in subheading                             IL, J, MX) 3.2%
                           7009.92.50                                (JO)
                           containing magnets                                                                 ''

            (13) Heading 7117 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheadings 7117.19.25, 7117.19.99, and 7117.90.65 having the 
        same degree of indentation as the article description for 
        subheading 7117.19.20, and with the article description for 
        subheadings 7117.90.80 and 7117.90.99 having the same degree of 
        indentation as the article description for subheading 
        7117.90.75:

      

``       7117.19.25       Articles described   11%                  Free (A, CA, E, IL,  110%
                           in subheading                             J, MX) 6.6% (JO)
                           7117.19.20
                           containing magnets
         7117.19.99       Articles described   11%                  Free (A, CA, E, IL,  110%
                           in subheading                             J, MX) 6.6% (JO)
                           7117.19.90
                           containing magnets
         7117.90.65       Articles described   Free                                      110%
                           in subheading
                           7117.90.60
                           containing magnets
         7117.90.80       Articles described   Free                                      110%
                           in subheading
                           7117.90.75
                           containing magnets
         7117.90.99       Articles described   11%                  Free (A, CA, E, IL,  110%
                           in subheading                             J, MX) 6.6% (JO)
                           7117.90.90                                                                         ''
                           containing magnets                                                                  .

            (14) Heading 7323 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheading, with the article description for 
        subheading 7323.99.99 having the same degree of indentation as 
        the article description for subheading 7323.99.90:

      

``       7323.99.99       Articles described   3.4%                 Free (A, CA, E, IL,  40%
                           in subheading                             J, JO, MX)
                           7323.99.90                                                                         ''
                           containing magnets                                                                  .

            (15) Heading 8211 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheading 8211.92.45 having the same degree of indentation as 
        the article description for subheading 8211.92.40, and with the 
        article description for 8211.93.10 having the same degree of 
        indentation as the article description for subheading 
        8211.93.00:

      

``       8211.92.45       Articles described   1 cents each + 4.6%  Free (A, CA, E, IL,  8 cents each + 45%
                           in subheading                             J, MX) 0.5 cents
                           8211.92.40                                each + 2.3% (JO)
                           containing magnets
         8211.93.10       Articles described   3 cents each + 5.4%  Free (A, CA, E, IL,  35 cents each + 55%
                           in subheading                             J, MX) 1.5 cents
                           8211.93.00                                each + 2.7% (JO)
                           containing magnets                                                                 ''

            (16) Heading 8302 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheadings 8302.41.70 and 8302.41.99 having the same degree of 
        indentation as the article description for subheading 
        7314.14.60, with the article description for subheading 
        8302.42.40 having the same degree of indentation as the article 
        description for subheading 8302.42.30, and with the article 
        description for subheading 8302.42.70 having the same degree of 
        indentation as the article description for subheading 
        8302.42.60:

      

``       8302.41.70       Articles described   3.9%                 Free (A, CA, E, IL,  45%
                           in subheading                             J, JO, MX)
                           8302.41.60
                           containing magnets
         8302.41.99       Articles described   3.5%                 Free (A, CA, E, IL,  45%
                           in subheading                             J, JO, MX)
                           8302.41.90
                           containing magnets
         8302.42.40       Articles described   3.9%                 Free (A, C, CA, E,   45%
                           in subheading                             IL, J, JO, MX)
                           8302.42.30
                           containing magnets
         8302.42.70       Articles described   3.4%                 Free (A, C, CA, E,   45%
                           in subheading                             IL, J, JO, MX)
                           8302.42.60                                                                         ''
                           containing magnets                                                                  .

            (17) Heading 8306 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheading 8306.29.10 having the same degree of indentation as 
        the article description for subheading 8306.29.00, and with the 
        article description for subheading 8306.30.10 having the same 
        degree of indentation as the article description for subheading 
        8306.30.00:

      

``       8306.29.10       Articles described   Free                                      46%
                           in subheading
                           8306.29.00
                           containing magnets
         8306.30.10       Articles described   2.7%                 Free (A, CA, E, IL,  45%
                           in subheading                             J, JO, MX)
                           8306.30.00                                                                         ''
                           containing magnets                                                                  .

            (18) Heading 8409 of the Harmonized Tariff Schedule of the 
        United States is amended by striking subheadings 8409.99.92 and 
        8409.99.99 and inserting the following new subheadings, with 
        the article description for such subheadings having the same 
        degree of indentation as the article description for subheading 
        8404.99.91:

      

``       8409.99.93       Articles described   2.5%                 Free (A*, B, CA, E,  35%
                           in subheading                             IL, J, JO, MX)
                           8409.99.91
                           containing magnets
         8409.99.94       For marine           2.5%                 Free (A, CA, E, IL,  35%
                           propulsion engines                        J, JO, MX)
         8409.99.95       Articles described   2.5%                 Free (A, CA, E, IL,  35%
                           in subheading                             J, JO, MX)
                           8409.99.94
                           containing magnets
         8409.99.98       Other..............  Free                                      35%
         8409.99.99       Articles described   Free                                      35%
                           in subheading                                                                      ''
                           8409.99.98                                                                          .
                           containing magnets

            (19) Heading 8431 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheading 8431.10.20 having the same degree of indentation as  
the article description for subheading 8431.10.00, with the article 
description for subheading 8431.20.20 having the same degree of 
indentation as the article description for subheading 8431.20.00, with 
the article description for subheading 8431.31.20 having the same 
degree of indentation as the article description for subheading 
8431.31.00, and with the article description for subheading 8431.39.20 
having the same degree of indentation as the article description for 
subheading 8431.39.00:

      

``       8431.10.20       Articles described   Free                                      35%
                           in subheading
                           8431.10.00
                           containing magnets
         8431.20.20       Articles described   Free                                      35%
                           in subheading
                           8431.20.00
                           containing magnets
         8431.31.20       Articles described   Free                                      35%
                           in subheading
                           8431.31.00
                           containing magnets
         8431.39.20       Articles described   Free                                      35%
                           in subheading                                                                      ''
                           8431.39.00                                                                          .
                           containing magnets

            (20) Heading 8503 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        such subheadings having the same degree of indentation as the 
        article description for subheading 8503.00.65:

      

``       8503.00.80       Articles described   6.5%                 Free (A, B, CA, E,   90%
                           in subheading                             IL, J, MX) 3.2%
                           8503.00.75                                (JO)
                           containing magnets
         8503.00.94       Articles described   Free                                      35%
                           in subheading
                           8503.00.90
                           containing magnets
         8503.00.99       Articles described   3%                   Free (A, B, CA, E,   35%
                           in subheading                             IL, J, JO, MX)
                           8503.00.95                                                                         ''
                           containing magnets                                                                  .

            (21) Heading 8505 of the Harmonized Tariff Schedule of the 
        United States is amended--
                    (A) by striking subheading 8505.11.00 and inserting 
                the following new subheadings, with the article 
                description for subheading 8505.11 having the same 
                degree of indentation as the article description for 
                subheading 8505.90.40:

      

``       8505.11          Of metal
                            Low-energy
                             magnets with an
                             energy up to 2.2
                             MGO:
         8505.11.10          Flexible magnets  2.1%                 Free (A, B, CA, E,   45%
                                                                     IL, J, JO, MX)
         8505.11.20          Articles          2.1%                 Free (A, B, CA, E,   45%
                              containing                             IL, J, JO, MX)
                              magnets........
         8505.11.30          Other...........  2.1%                 Free (A, B, CA, E,   45%
                                                                     IL, J, JO, MX)
                            Low-energy
                             magnets with an
                             energy over 2.2
                             MGO but not over
                             4.2 MGO:
         8505.11.40          Flexible magnets  2.1%                 Free (A, B, CA, E,   45%
                                                                     IL, J, JO, MX)
         8505.11.50          Articles          2.1%                 Free (A, B, CA, E,   45%
                              containing                             IL, J, JO, MX)
                              magnets........
         8505.11.60          Other...........  2.1%                 Free (A, B, CA, E,   45%
                                                                     IL, J, JO, MX)
                                                                                                              ''
                                                                                                               ;

and
                    (B) by striking subheading 8505.19.00 and inserting 
                the following new subheadings, with the article 
                description for subheading 8505.19 having the same 
                degree of indentation as the article description for 
                subheading 8505.90.40:

      

``       8505.19          Other
                            Low-energy
                             magnets with an
                             energy up to 2.2
                             MGO:
         8505.19.10          Flexible magnets  4.9%                 Free (A, CA, E, IL,  45%
                                                                     J, JO, MX)
         8505.19.20          Articles          4.9%                 Free (A, CA, E, IL,  45%
                              containing                             J, JO, MX)
                              magnets........
         8505.19.30          Other...........  4.9%                 Free (A, CA, E, IL,  45%
                                                                     J, JO, MX)
                            Low-energy
                             magnets with an
                             energy over 2.2
                             MGO but not over
                             4.2 MGO:
         8505.19.40          Flexible magnets  4.9%                 Free (A, CA, E, IL,  45%
                                                                     J, JO, MX)
         8505.19.50          Articles          4.9%                 Free (A, CA, E, IL,  45%
                              containing                             J, JO, MX)
                              magnets........
         8505.19.60          Other...........  4.9%                 Free (A, CA, E, IL,  45%
                                                                     J, JO, MX)
                                                                                                              ''

            (22) Heading 8708 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheading, with the article description for 
        subheading 8708.99.90 having the same degree of indentation as 
        the article description for subheading 8708.99.80:

      

``       8708.99.90       Articles described   2.5%                 Free (A*, B, CA, E,  25%
                           in subheading                             IL, J, JO, MX)
                           8708.99.80                                                                         ''
                           containing magnets                                                                  .

            (23) Heading 9019 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheading, with the article description for 
        subheading 9019.10.30 having the same degree of indentation as 
        the article description for subheading 9019.10.20:

      

``       9019.10.30       Articles described   Free                                      35%
                           in subheading                                                                      ''
                           9019.10.20                                                                          .
                           containing magnets

            (24) Heading 9502 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheadings 9502.10.10 and 9502.99.10 having the same degree of 
        indentation as the article description for subheading 
        9502.10.00:

      

``       9502.10.10       Articles described   Free                                      70%
                           in subheading
                           9502.10.00
                           containing magnets
         9502.99.10       Articles described   Free                                      70%
                           in subheadings                                                                     ''
                           9502.91.00 and                                                                      .
                           9502.99.00
                           containing magnets

            (25) Heading 9503 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheadings 9503.41.10, 9503.49.10, 9503.60.15, and 9503.60.30 
        having the same degree of indentation as the article 
        description for subheading 9503.41.00, and with the article 
        description for subheadings 9503.70.10 and 9503.90.10 having 
        the same degree of indentation as the article description for 
        subheading 9503.70.00:

      

``       9503.41.10       Articles described   Free                                      70%
                           in subheading
                           9503.41.00
                           containing magnets
         9503.49.10       Articles described   Free                                      70%
                           in subheading
                           9503.49.00
                           containing magnets
         9503.60.15       Articles described   Free                                      Free
                           in subheading
                           9503.60.10
                           containing magnets
         9503.60.30       Articles described   Free                                      70%
                           in subheading
                           9503.60.20
                           containing magnets
         9503.70.10       Articles described   Free                                      70%
                           in subheading
                           9503.70.00
                           containing magnets
         9503.90.10       Articles described   Free                                      70%
                           in subheading                                                                      ''
                           9503.90.00                                                                          .
                           containing magnets

            (26) Heading 9505 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheadings, with the article description for 
        subheading 9505.10.27 having the same degree of indentation as 
        the article description for subheading 9505.10.15, with the 
        article description for subheading 9505.10.35 having the same 
        degree of indentation as the article description for subheading 
        9505.10.30, with the article description for subheadings 
        9505.10.45 and 9505.10.60 having the same degree of indentation 
        as the article description for subheading 9505.10.40, and with 
        the article description for subheading 9505.90.70 having the 
        same degree of indentation as the article description for 
        subheading 9505.90.60:

      

``       9505.10.27       Articles described   Free                                      20%
                           in subheading
                           9505.10.25
                           containing magnets
         9505.10.35       Articles described   Free                                      80%
                           in subheading
                           9505.10.30
                           containing magnets
         9505.10.45       Articles described   Free                                      60%
                           in subheading
                           9505.10.40
                           containing magnets
         9505.10.60       Articles described   Free                                      90%
                           in subheading
                           9505.10.50
                           containing magnets
         9505.90.70       Articles described   Free                                      25%
                           in subheading                                                                      ''
                           9505.90.60                                                                          .
                           containing magnets

            (27) Heading 9608 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheading, with the article description for 
        subheading 9608.10.10 having the same degree of indentation as 
        the article description for subheading 9608.10.00:
      

``       9608.10.10       Articles described   0.8 cents each +     Free (A, CA, E, IL,  6 cents each + 40%
                           in subheading        5.4%                 J, MX) 0.4 cents
                           9608.10.00                                each + 2.7% (JO)
                           containing magnets                                                                 ''

            (28) Heading 9610 of the Harmonized Tariff Schedule of the 
        United States is amended by inserting in numerical sequence the 
        following new subheading, with the article description for 
        subheading 9610.00.10 having the same degree of indentation as 
        the article description for subheading 9610.00.00:

      

``       9610.00.10       Articles described   3.5%                 Free (A, CA, E, IL,  33\1/3\%
                           in subheading                             J, JO, MX)
                           9610.00.00                                                                         ''
                           containing magnets                                                                  .

    (b) Low-Energy Magnets.--
            (1) In general.--The Additional U.S. Notes to chapter 85 of 
        the Harmonized Tariff Schedule of the United States are 
        amended--
                    (A) by redesignating notes 2 through 13 as notes 3 
                through 14, respectively; and
                    (B) by inserting after note 1 the following new 
                note:
``2. For the purposes of heading 8505, the term `flexible magnets' 
        refers to magnets of thirty millionth of an inch thick that can 
        be wrapped around a twelve inch radius without breaking. The 
        term `flexible magnets' includes products made of magnetic or 
        magnetic receptive powder of metal or nonmetallic substances 
        (e.g., strontium, ferrite, iron, etc.) agglomerated with rubber 
        or plastics or with any other substances used as binders. Such 
        articles may be rendered permanently magnetic or may be 
        intended to be magnetized.''.
    (c) Staged Rate Reductions.--Any staged reduction--
            (1) of a rate of duty set forth in any subheading of the 
        Harmonized Tariff Schedule of the United States that is listed 
        in column A,
            (2) that was proclaimed by the President before the date of 
        the enactment of this Act, and
            (3) that is scheduled to take effect on or after such date 
        of enactment, or that would take effect on or after such date 
        but for the amendments made by subsection (a),
shall apply to the corresponding rate of duty set forth in the 
subheading of such Schedule that is listed in colum B opposite such 
column A subheading:

      

 
                             Column A                                                 Column B
 
3924.90.20 or 3924.90.55                                                             3924.90.75
3926.10.00                                                                           3926.10.10
3926.90.98                                                                           3926.90.90
4820.10.20                                                                           4820.10.30
4820.30.00                                                                           4820.30.35
4823.90.66                                                                           4823.90.67
4910.00.40                                                                           4910.00.50
4910.00.60                                                                           4910.00.70
4911.91.20                                                                           4911.91.25
4911.91.40                                                                           4911.91.45
4911.99.60                                                                           4911.99.70
4911.99.80                                                                           4911.99.90
6307.90.98                                                                           6307.90.99
6912.00.50                                                                           6912.00.55
6913.90.50                                                                           6913.90.55
6914.10.80                                                                           6914.10.90
6914.90.80                                                                           6914.90.90
7009.91.10                                                                           7009.91.20
7009.91.50                                                                           7009.91.60
7009.92.10                                                                           7009.92.20
7009.92.50                                                                           7009.92.60
7117.19.20                                                                           7117.19.25
7117.19.90                                                                           7117.19.99
7117.90.90                                                                           7117.90.99
7323.99.90                                                                           7323.99.99
8211.92.40                                                                           8211.92.45
8211.93.00                                                                           8211.93.10
8302.41.60                                                                           8302.41.70
8302.41.90                                                                           8302.41.99
8302.42.30                                                                           8302.42.40
8302.42.60                                                                           8302.42.70
8306.30.00                                                                           8306.30.10
8409.99.91                                                                           8402.99.93
8409.99.92                                                                           8409.99.94
8409.99.92                                                                           8409.99.95
8503.00.75                                                                           8503.00.80
8503.00.95                                                                           8503.00.99
8505.11.00                                                                           8505.11.10
8505.11.00                                                                           8505.11.20
8505.11.00                                                                           8505.11.30
8505.11.00                                                                           8505.11.40
8505.11.00                                                                           8505.11.50
8505.11.00                                                                           8505.11.60
8505.19.00                                                                           8505.19.10
8505.19.00                                                                           8505.19.20
8505.19.00                                                                           8505.19.30
8505.19.00                                                                           8505.19.40
8505.19.00                                                                           8505.19.50
8505.19.00                                                                           8505.19.60
8708.99.80                                                                           8708.99.90
9608.10.00                                                                           9608.10.10
9610.00.00                                                                           9610.00.10
 

    (d) Effective Date.--The amendments made by this section shall 
apply with respect to articles entered, or withdrawn from warehouse for 
consumption, on or after the 15th day after the date of the enactment 
of this Act.
                                 <all>