S.Amdt. 5144
What it does: Adds SEC. ____. REPEAL OF TEMPORARY DUTY OF 54 CENTS PER GALLON wherever appropriateWhat it changes
1 change to S. 3268
Adds SEC. ____. REPEAL OF TEMPORARY DUTY OF 54 CENTS PER GALLON wherever appropriate
Adds a sectionInserted: SEC. ____. REPEAL OF TEMPORARY DUTY OF 54 CENTS PER GALLON.
Inserted: (a) In General.--Subchapter I of chapter 99 of the Harmonized Tariff Schedule of the United States is amended--
Inserted: (1) by striking heading 9901.00.50; and
Inserted: (2) by striking U.S. Notes 2 and 3 relating to heading 9901.00.50.
Inserted: (b) Effective Date.--The amendments made by this section apply with respect to goods entered, or withdrawn from warehouse for consumption, on or after the 15th day after the date of the enactment of this Act.
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Original wording
At the appropriate place, insert the following:
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As printed
SA 5144. Mr. MARTINEZ (for himself, Ms. Collins, Mrs. Feinstein, and Mr. Sununu) submitted an amendment intended to be proposed by him to the bill S. 3268, to amend the Commodity Exchange Act, to prevent excessive price speculation with respect to energy commodities, and for other purposes; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. ____. REPEAL OF TEMPORARY DUTY OF 54 CENTS PER GALLON.
(a) In General.--Subchapter I of chapter 99 of the Harmonized Tariff Schedule of the United States is amended--
(1) by striking heading 9901.00.50; and
(2) by striking U.S. Notes 2 and 3 relating to heading 9901.00.50.
(b) Effective Date.--The amendments made by this section apply with respect to goods entered, or withdrawn from warehouse for consumption, on or after the 15th day after the date of the enactment of this Act.
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Senate amendment submitted
July 24, 2008