II 109th CONGRESS 1st Session S. 1601 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.

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The amendment made by subsection (a) applies to goods entered, or withdrawn from warehouse for consumption, on or after the 15th day after the date of the enactment of this Act.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.