[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 1954 Introduced in Senate (IS)]








109th CONGRESS
  1st Session
                                S. 1954

  To amend the General Notes of the Harmonized Tariff Schedule of the 
  United States to give products imported from United States insular 
possessions the same treatment as products imported from countries with 
    which the United States has entered into a free trade agreement.


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                   IN THE SENATE OF THE UNITED STATES

                            November 2, 2005

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

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                                 A BILL


 
  To amend the General Notes of the Harmonized Tariff Schedule of the 
  United States to give products imported from United States insular 
possessions the same treatment as products imported from countries with 
    which the United States has entered into a free trade agreement.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Insular Possessions Act of 2005''.

SEC. 2. TARIFF TREATMENT FOR INSULAR POSSESSIONS.

    (a) In General.--General Note 3(a)(iv)(A) of the Harmonized Tariff 
Schedule of the United States is amended by striking ``(or more than 50 
percent of their total value with respect to goods described in section 
213(b) of the Caribbean Basin Economic Recovery Act)''.
    (b) Effective Date.--The amendment made by this section shall 
applies to goods entered, or withdrawn from warehouse for consumption, 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.
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