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

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

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'.CommentsClose CommentsPermalink





(b) Repeal of Conditional Extensions- Section 208 of the Andean Trade Preference Act (19 U.S.C. 3206) is amended--CommentsClose CommentsPermalink





(1) by striking `(a) Termination- Subject to subsection (b), no' and inserting `No'; andCommentsClose CommentsPermalink





(2) by striking subsection (b).CommentsClose CommentsPermalink

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





(1) in clause (iii)--CommentsClose CommentsPermalink





(A) in subclause (II)--CommentsClose CommentsPermalink





(i) by striking `Subject to section 208, the' and inserting `The'; andCommentsClose CommentsPermalink





(ii) by striking `4 succeeding 1-year periods' and inserting `5 succeeding 1-year periods'; andCommentsClose CommentsPermalink





(B) in subclause (III)--CommentsClose CommentsPermalink





(i) by striking `means 2 percent' and inserting `means--CommentsClose CommentsPermalink





`(aa) 2 percent';CommentsClose CommentsPermalink





(ii) by striking the period at the end and inserting `; and'; andCommentsClose CommentsPermalink





(iii) by adding at the end the following:CommentsClose CommentsPermalink





`(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.'; andCommentsClose CommentsPermalink





(2) in clause (v)(II)--CommentsClose CommentsPermalink





(A) by striking `Subject to section 208, during' and inserting `During'; andCommentsClose CommentsPermalink





(B) by striking `3 succeeding 1-year periods' and inserting `4 succeeding 1-year periods'.CommentsClose CommentsPermalink

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'.CommentsClose CommentsPermalink

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'.CommentsClose CommentsPermalink

PassedSpeaker of the House of Representatives June 27, 2007.Attest:LORRAINE C. MILLER,Clerk.CommentsClose CommentsPermalink

President of the Senate.CommentsClose CommentsPermalink