Page:United States Statutes at Large Volume 106 Part 4.djvu/294

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106 STAT. 3030 PUBLIC LAW 102-486—OCT. 24, 1992 SEC. 1932. TREATMENT OF CERTAIN OZONE DEPLETING CHEMICALS. (a) TREATMENT OF CERTAIN HALONS. —The table contained in subparagraph (A) of section 4682(g)(2) (relating to halons) is amended to read as follows: Ths applicable percentage in UM caae of sales or use

  • %! the case oft

during 1993 is: Halon-1211 2.49 Halon-1301 0.76 Halon-2402 1.24." (b) CHEMICALS USED FOR STERILIZING MEDICAL INSTRUMENTS AND AS PROPELLANTS IN METERED-DOSE INHALERS. —Subsection (g) of section 4682 (relating to phase-in of tax on certain substances) is amended by adding at the end thereof the following new paragraph: "(4) CHEMICALS USED FOR STERILIZING MEDICAL INSTRUMENTS AND AS PROPELLANTS IN METERED-DOSE INHAL- ERS. — "(A) RATE OF TAX.— "(i) IN GENERAL.—In the case of— "(I) any use during the applicable period of any substance to sterilize medical instruments or as propellants in metered-dose inhalers, or "(ID any qualified sale during such period by the manufacturer, producer, or importer of any substance, the tax imposed by section 4681 shall be equal to $1.67 per pound, " (li) Qu^ QUALIFIED SALE.—For purposes of clause (i), the term 'qualified sale' means any sale by the manufacturer, producer, or importer of any substance— (I) for use by the purchaser to sterilize medical instruments or as propellants in metered-dose inhalers, or "(ID for resale by the purchaser to a 2d purchaser for such use by the 2d purchaser. The preceding sentence snail apply only if the manufacturer, producer, and importer, and the 1st and 2d purchasers (if any) meet such registration requirements as may be prescribed by the Secretary. "(B) OVERPAYMENTS.—If any substance on which tax was paid under this subchapter is used during the applicable period by any person to sterilize medical instruments or as propellants in metered-dose inhalers, credit or refund without interest shall be allowed to such person in an amount equal to the excess of— "(i) the tax paid under this subchapter on such substance, or "(ii) the tax (if any) which would be imposed by section 4681 if such substance were used for such use by the manufacture, producer, or importer thereof on the date of its use by such person. Amounts payable under the preceding sentence with respect to uses during the taxaole year shall be treated as described in section 34(a) for such year unless claim thereof has been timely filed under this subparagraph. "(C) APPLICABLE PERIOD.—For purposes of this paragraph, the term 'applicable period' means—