Page:United States Statutes at Large Volume 117.djvu/945

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

[117 STAT. 926]
PUBLIC LAW 107-000—MMMM. DD, 2003
[117 STAT. 926]

117 STAT. 926

PUBLIC LAW 108–77—SEPT. 3, 2003 bond canceled, before the 61st day after the date of exportation, except that the duties may be waived or reduced by— ‘‘(i) 100 percent during the 8-year period beginning on January 1, 2004, ‘‘(ii) 75 percent during the 1-year period beginning on January 1, 2012, ‘‘(iii) 50 percent during the 1-year period beginning on January 1, 2013, and ‘‘(iv) 25 percent during the 1-year period beginning on January 1, 2014, or’’; (B) in paragraph (4) of subsection (b), by striking ‘‘except that’’ and all that follows through subparagraph (B) and inserting the following: ‘‘except that— ‘‘(A) in the case of a withdrawal for exportation of such a product to a NAFTA country, as defined in section 2(4) of the North American Free Trade Agreement Implementation Act, if any of the imported metal-bearing materials are goods subject to NAFTA drawback, as defined in section 203(a) of that Act, the duties on the materials shall be paid, and the charges against the bond canceled, before the 61st day after the date of exportation; but upon the presentation, before such 61st day, of satisfactory evidence of the amount of any customs duties paid to the NAFTA country on the product, the duties on the materials may be waived or reduced (subject to section 508(b)(2)(B)) in an amount that does not exceed the lesser of— ‘‘(i) the total amount of customs duties owed on the materials on importation into the United States, or ‘‘(ii) the total amount of customs duties paid to the NAFTA country on the product, and ‘‘(B) in the case of a withdrawal for exportation of such a product to Chile, if any of the imported metalbearing materials are goods subject to Chile FTA drawback, as defined in section 203(a) of the United States-Chile Free Trade Agreement Implementation Act, the duties on the materials shall be paid, and the charges against the bond canceled, before the 61st day after the date of exportation, except that the duties may be waived or reduced by— ‘‘(i) 100 percent during the 8-year period beginning on January 1, 2004, ‘‘(ii) 75 percent during the 1-year period beginning on January 1, 2012, ‘‘(iii) 50 percent during the 1-year period beginning on January 1, 2013, and ‘‘(iv) 25 percent during the 1-year period beginning on January 1, 2014, or’’; and (C) in subsection (d), in the matter preceding paragraph (1), by striking ‘‘except that’’ and all that follows through the end of paragraph (2) and inserting the following: ‘‘except that— ‘‘(1) in the case of a withdrawal for exportation to a NAFTA country, as defined in section 2(4) of the North American Free Trade Agreement Implementation Act, if any of the imported metal-bearing materials are goods subject to NAFTA drawback,

VerDate 11-MAY-2000

13:45 Aug 26, 2004

Jkt 019194

PO 00000

Frm 00952

Fmt 6580

Sfmt 6581

D:\STATUTES\2003\19194PT1.001

APPS10

PsN: 19194PT1