[Congressional Record Volume 145, Number 114 (Thursday, August 5, 1999)]
[Senate]
[Page S10403]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

      By Mr. THURMOND:
  S. 1506. A bill to suspend temporarily the duty on cyclic olefin 
copolymer resin; to the Committee on the Judiciary.


               duty suspension on certain copolymer resin

  Mr. THURMOND. Mr. President, I rise today to introduce a bill which 
will suspend the duties imposed on a certain copolymer resin used in 
the production of high technology products. Currently, this resin is 
imported for use in the United States because there is no domestic 
supplier or readily available substitute. Therefore, suspending the 
duties on this copolymer resin would not adversely affect domestic 
industries.
  This bill would temporarily suspend the duty on cyclic olefin 
copolymer resin, which is a resin used in the manufacturing of high 
technology products such as high precision optical lenses and 
laboratory micro liter plates.
  Mr. President, suspending the duty on this resin will benefit the 
consumer by stabilizing the costs of manufacturing the end-use 
products. Further, this suspension will allow domestic producers to 
maintain or improve their ability to compete internationally. There are 
no known domestic producers of this material. I hope the Senate will 
consider these measures expeditiously.
  I ask unanimous consent that the text of the bill be printed in the 
Congressional Record immediately following my remarks.
  There being no objection, the bill was ordered to be printed to the 
Record, as follows:

                                S. 1506

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

     SECTION 1. CYCLIC OLEFIN COPOLYMER RESIN.

       (a) In General.--Subchapter II of chapter 99 of the 
     Harmonized Tariff Schedule of the United States is amended by 
     inserting in numerical sequence the following new heading:

``9902.39.00  Cyclic olefin       Free    Free      No        On or
               copolymer resin                       change    before 12/
               (CAS No. 26007-43-                              31/
               2) (provided for                                2002''.
               in heading
               3902.90.00)......
 

       (b) Effective Date.--The amendment made by subsection (a) 
     applies 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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