H.R. 1830

To extend the authorities of the Andean Trade Preference Act until February 29, 2008.

Latest

One Hundred Tenth Congress of the United States of America

At the First Session

Begun and held at the City of Washington on Thursday, the fourth day of January, two thousand and seven

H. R. 1830

AN ACT

To extend the authorities of the Andean Trade Preference Act until February 29, 2008.

1.

Extension of Andean Trade Preference Act

(a)

Extension

Section 208(a) of the Andean Trade Preference Act (19 U.S.C. 3206(a)) is amended by striking June 30, 2007 and inserting February 29, 2008.

(b)

Repeal of conditional extensions

Section 208 of the Andean Trade Preference Act (19 U.S.C. 3206) is amended—

(1)

by striking (a) Termination.—Subject to subsection (b), no and inserting No; and

(2)

by striking subsection (b).

2.

Treatment of certain apparel articles

Section 204(b)(3)(B) of the Andean Trade Preference Act (19 U.S.C. 3203(b)(3)(B)) is amended—

(1)

in clause (iii)—

(A)

in subclause (II)—

(i)

by striking Subject to section 208, the and inserting The; and

(ii)

by striking 4 succeeding 1-year periods and inserting 5 succeeding 1-year periods; and

(B)

in subclause (III)—

(i)

by striking means 2 percent and inserting

means—

(aa)

2 percent

;

(ii)

by striking the period at the end and inserting ; and; and

(iii)

by adding at the end the following:

(bb)

for the 1-year period beginning October 1, 2007, the percentage determined under item (aa) for the 1-year period beginning October 1, 2006.

; and

(2)

in clause (v)(II)—

(A)

by striking Subject to section 208, during and inserting During; and

(B)

by striking 3 succeeding 1-year periods and inserting 4 succeeding 1-year periods.

3.

Merchandise processing fees

Section 13031(j)(3)(A) of the Consolidated Omnibus Budget Reconciliation Act of 1985 (19 U.S.C. 58c(j)(3)(A)) is amended by striking September 30, 2014 and inserting October 14, 2014.

4.

Time for payment of corporate estimated taxes

Subparagraph (B) of section 401(1) of the Tax Increase Prevention and Reconciliation Act of 2005 is amended by striking 114.25 percent and inserting 114.50 percent.

Speaker of the House of Representatives.

Vice President of the United States and President of the Senate.