[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 3232 Introduced in Senate (IS)]


109th CONGRESS
  2d Session
                                S. 3232

 To extend and modify duty suspensions relating to wool, and for other 
                               purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 25, 2006

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

_______________________________________________________________________

                                 A BILL


 
 To extend and modify duty suspensions relating to wool, and for other 
                               purposes.

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

SECTION 1. EXTENSION AND MODIFICATION OF DUTY SUSPENSION ON WOOL 
              PRODUCTS, WOOL RESEARCH FUND, WOOL DUTY REFUNDS.

    (a) Extension of Temporary Duty Reductions.--
            (1) Heading 9902.51.11.--Heading 9902.51.11 of the 
        Harmonized Tariff Schedule of the United States is amended by 
        striking ``12/31/2007'' and inserting ``12/31/2011''.
            (2) Heading 9902.51.13.--Heading 9902.51.13 of the 
        Harmonized Tariff Schedule of the United States is amended by 
        striking ``12/31/2007'' and inserting ``12/31/2011''.
            (3) Heading 9902.51.14.--Heading 9902.51.14 of the 
        Harmonized Tariff Schedule of the United States is amended by 
        striking ``12/31/2007'' and inserting ``12/31/2011''.
            (4) Heading 9902.51.15.--Heading 9902.51.15 of the 
        Harmonized Tariff Schedule of the United States (relating to 
        fabrics of combed wool) is amended by striking ``12/31/2006'' 
        and inserting ``12/31/2011''.
            (5) Heading 9902.51.16.--Heading 9902.51.16 of the 
        Harmonized Tariff Schedule of the United States (relating to 
        fabrics of combed wool) is amended by striking ``12/31/2006'' 
        and inserting ``12/31/2011''.
    (b) Extension of Duty Refunds and Wool Research Trust Fund.--
Section 4002(c) of the ``Wool Suit and Textile Trade Extension Act of 
2004'' (Public Law 108-429; 118 Stat. 2603) is amended--
            (1) in paragraph (3)--
                    (A) by striking ``2 additional payments'' and 
                inserting ``annual additional payments''; and
                    (B) by adding at the end the following:
                    ``(C) Each subsequent annual payment to be made 
                after January 1 of each subsequent year, but on or 
                before April 15 of such year.'';
            (2) in paragraph (5), by striking ``12/31/2008'' and 
        inserting ``12/31/2012''; and
            (3) in paragraph (6)--
                    (A) in subparagraph (A), by striking ``through 
                2007'' and inserting ``through 2011''; and
                    (B) by adding at the end of such subparagraph the 
                following:
                    ``(C) Eligible manufacturers.--Only manufacturers 
                who weave worsted wool fabric in the United States 
                shall be eligible for a grant under this paragraph.''.
    (c) Effective Date.--The amendments made by subsection (a) apply to 
goods entered, or withdrawn from warehouse for consumption, on or after 
the 15th day after the date of enactment of this Act.
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