H.R. 5264

Andean Trade Preference Extension Act of 2008

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One Hundred Tenth Congress of the United States of America

At the Second Session

Begun and held at the City of Washington on Thursday, the third day of January, two thousand and eight

H. R. 5264

AN ACT

To extend the Andean Trade Preference Act, and for other purposes.

1.

Short title

This Act may be cited as the Andean Trade Preference Extension Act of 2008.

2.

Andean Trade Preference Act

(a)

Extension

Section 208 of the Andean Trade Preference Act (19 U.S.C. 3206) is amended by striking February 29, 2008 and inserting December 31, 2008.

(b)

Treatment of certain apparel articles

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

(1)

in subparagraph (B)—

(A)

in clause (iii)—

(i)

in subclause (II), by striking 5 succeeding 1-year periods and inserting 6 succeeding 1-year periods; and

(ii)

in subclause (III)(bb), by inserting and for the succeeding 1-year period, after for the 1-year period beginning October 1, 2007,; and

(B)

in clause (v)(II), by striking 4 succeeding 1-year periods and inserting 5 succeeding 1-year periods; and

(2)

in subparagraph (E)(ii)(II), by striking December 31, 2006 and inserting December 31, 2008.

3.

Customs user fees

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 December 13, 2014 and inserting December 27, 2014; and

(2)

in subparagraph (B)(i), by striking December 13, 2014 and inserting December 27, 2014.


4.

Time for payment of corporate estimated taxes

The percentage under subparagraph (C) of section 401(1) of the Tax Increase Prevention and Reconciliation Act of 2005 in effect on the date of the enactment of this Act is increased by 0.25 percentage points.

Speaker of the House of Representatives.

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