[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 1601 Introduced in Senate (IS)]








109th CONGRESS
  1st Session
                                S. 1601

To extend temporarily the duty suspension on certain semi-manufactured 
                             forms of gold.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 29, 2005

   Mr. Craig introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
To extend temporarily the duty suspension on certain semi-manufactured 
                             forms of gold.

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

SECTION 1. CERTAIN SEMI-MANUFACTURED FORMS OF GOLD.

    (a) In General.--Heading 9902.71.08 of the Harmonized Tariff 
Schedule of the United States is amended by striking ``12/31/2003'' and 
inserting ``12/31/2010''.
    (b) Effective Date.--
            (1) In general.--The amendment made by subsection (a) 
        applies to goods entered, or withdrawn from warehouse for 
        consumption, on or after the 15th day after the date of the 
        enactment of this Act.
            (2) Retroactive application.--Notwithstanding section 514 
        of the Tariff Act of 1930 or any other provision of law, upon 
        proper request filed with U.S. Customs and Border Protection 
        before the 180th day after the date of enactment of this Act, 
        the entry of any article--
                    (A) that was made on or after January 1, 2004, and 
                before the 15th day after the date of the enactment of 
                this Act, and
                    (B) with respect to which there would have been no 
                duty if the amendment made by subsection (a) were in 
                effect on the date of such entry,
        shall be liquidated or reliquidated as if such amendment 
        applied to such entry, and any amounts owed shall be paid to 
        the importer of record.
                                 <all>