Back to Bill Details

HR 4507 IH

To extend the temporary reduction of duty on palm fatty acid distillate.

December 12, 2007

Mr. HOLT introduced the following bill; which was referred to the Committee on Ways and Means

To extend the temporary reduction of duty on palm fatty acid distillate.

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

SECTION 1. PALM FATTY ACID DISTILLATE.

(a) In General- Heading 9902.11.32 of the Harmonized Tariff Schedule of the United States (relating to palm fatty acid distillate) is amended--

(1) by striking `1%' and inserting `1.2%'; and

(2) in the effective period column, by striking the date contained therein and inserting `12/31/2011'.

(b) Effective Date- The amendments made by subsection (a) apply to goods entered, or withdrawn from warehouse for consumption, on or after the 15th day after the date of the enactment of this Act.