[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 2647 Introduced in Senate (IS)]

112th CONGRESS
  2d Session
                                S. 2647

To extend and modify the temporary reduction of duty on certain bicycle 
                                brakes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 7, 2012

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

_______________________________________________________________________

                                 A BILL


 
To extend and modify the temporary reduction of duty on certain bicycle 
                                brakes.

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

SECTION 1. CERTAIN BICYCLE BRAKES.

    (a) In General.--Heading 9902.24.71 of the Harmonized Tariff 
Schedule of the United States (relating to brakes designed for bicycles 
(other than drum brakes, caliper and cantilever brakes, and coaster 
brakes) and parts thereof) is amended--
            (1) by striking ``6.3%'' in column 1 general rate of duty 
        column and inserting ``Free''; and
            (2) by striking the date in the effective period column and 
        inserting ``12/31/2015''.
    (b) Effective Date.--The amendments made by subsection (a) apply 
with respect to goods entered, or withdrawn from warehouse for 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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