Public Law 110-42

by by the 110th Congress of the United States

110^TH UNITED STATES CONGRESS
1^ST SESSION

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

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Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 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).

SEC. 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”.

SEC. 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”.

SEC. 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”.

Approved June 30, 2007.

Legislative History

• H.R. 1830
• CONGRESSIONAL RECORD, Vol. 153 (2007):
  • June 27, considered and passed House.
  • June 28, considered and passed Senate.