A bill to provide for additional extension periods for reexportation of certain articles admitted temporarily free of duty under bond.

Summary

Amends the Harmonized Tariff Schedule of the United States to authorize the extension of time (not to exceed five years) for the exportation of certain articles to be repaired, altered, or processed, including processes which result in articles manufactured or produced in the United States, that are imported duty-free under bond, provided that any extension beyond the third year must be accompanied by the importer's certification that such articles are to be incorporated into a communications satellite. Subjects to liquidated damages any such articles imported after January 1, 1983, and three years before the effective date of this Act, that are certified by the importer as having been dedicated for incorporation into a communications satellite, and as not having been exported within the time required because of launch schedule delays. Limits such liquidated damages to a maximum one percent of the liquidated damages established under the bond.

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Timeline

1. 23 March 1993

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 23 March 1993

   Introduced

   Sponsor introductory remarks on measure. (CR S3529)

   Source: IntroReferral

3. 23 March 1993

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 23 March 1993 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 23 March 1993

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 23 March 1993

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 23 March 1993

  Open at official source

Sponsors

• Sen. Bradley, Bill [D-NJ] · D · Sponsor
• Sen. Lautenberg, Frank R. [D-NJ] · D · Sponsor
• · ssfi00 · Standing

Related records

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