[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 4729 Introduced in Senate (IS)]

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116th CONGRESS
  2d Session
                                S. 4729

    To extend the Generalized System of Preferences, and for other 
                               purposes.


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                   IN THE SENATE OF THE UNITED STATES

                           September 24, 2020

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

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                                 A BILL


 
    To extend the Generalized System of Preferences, 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 OF GENERALIZED SYSTEM OF PREFERENCES.

    Section 505 of the Trade Act of 1974 (19 U.S.C. 2465) is amended by 
striking ``December 31, 2020'' and inserting ``April 30, 2022''.

SEC. 2. CUSTOMS USER FEES.

    (a) In General.--Section 13031(j)(3) of the Consolidated Omnibus 
Budget Reconciliation Act of 1985 (19 U.S.C. 58c(j)(3)) is amended--
            (1) in subparagraph (A), by striking ``September 30, 2029'' 
        and inserting ``November 18, 2029''; and
            (2) in subparagraph (B)(i), by striking ``September 30, 
        2029'' and inserting ``November 18, 2029''.
    (b) Rate for Merchandise Processing Fees.--Section 503 of the 
United States-Korea Free Trade Agreement Implementation Act (Public Law 
112-41; 19 U.S.C. 3805 note) is amended by striking ``September 30, 
2029'' and inserting ``November 18, 2029''.
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