123STA T . 111 PUBLIC LA W 111 – 3 —FE B. 4, 2 0 0 9LEGIS L AT I V E H IST ORY— H . R. 2( S.2 75):C O N GRESSIONAL RECOR D, V ol . 1 55 (2 0 0 9 ): Jan .1 4 , c on sider ed and p assed Ho u se. Jan. 2 6– 29, considered and passed Sena t e,a m ended. F e b . 4, House concurred in Senate amendment. DAILY CO MP ILATION OF PRESIDENTIAL DOC U MENTS, Vol. 44 (2009): Feb. 4, Presidential remar k s. (3)EF F ECTIV E DA TE .—Theam e nd men ts made by th i ss u b - se c ti o n sha l la p plyono r a f ter the date of the enactment of this A ct. ( g )T R A NS ITI O NA LRU LE.—Any person w ho— ( 1 )onApril1 ,20 0 9 is engaged in business as a manufac- turer of processed tobacco or as an importer of processed tobacco, and (2) before the end of the 90-day period beginning on such date, submits an application under subchapter B of chapter 5 2 of such C ode to engage in such business, may, notwith- standing such subchapter B, continue to engage in such busi- ness pending final action on such application. P ending such final action, all pro v isions of such chapter 52 shall apply to such applicant in the same manner and to the same e x tent as if such applicant were a holder of a permit under such chapter 52 to engage in such business. SEC.703 . TR E A S U R Y STU D YC ON CERN I N GM AGNITUDE O F TO B ACCO SMUGG L INGINT H E UNITED STATES. N ot later than one year after the date of the enactment of this Act, the S ecretary of the Treasury shall conduct a study con- cerning the magnitude of tobacco smuggling in the U nited States and submit to Congress recommendations for the most effective steps to reduce tobacco smuggling. Such study shall also include a review of the loss of F ederal tax receipts due to illicit tobacco trade in the United States and the role of imported tobacco products in the illicit tobacco trade in the United States. SEC. 70 4 . TIME FOR P AYMENT OF CORPORATE ESTIMATED TA X ES. The percentage under subparagraph (C) of section 4 01(1) of the Tax I ncrease Prevention and Reconciliation Act of 2005 in effect on the date of the enactment of this Act is increased by 0.5 percentage point. Approved February 4, 2009. 26USC 66 5 5 note.Ap p licab ilit y . 26USC5 71 1 note. 26 USC 61 03 note.
