To extend and modify the suspension of duty on polyisobutylene.

Amends the Harmonized Tariff Schedule of the United States to provide for the reduction of the existing duty on 1-Propene-2-methyl homopolymer (Polyisobutylene).

[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5423 Introduced in House (IH)]







110th CONGRESS
  2d Session
                                H. R. 5423

    To extend and modify the suspension of duty on polyisobutylene.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 13, 2008

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

_______________________________________________________________________

                                 A BILL


 
    To extend and modify the suspension of duty on polyisobutylene.

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

SECTION 1. POLYISOBUTYLENE.

    (a) Reduction of Duty on Polyisobutylene.--Heading 9902.24.37 of 
the Harmonized Tariff Schedule of the United States (relating to 1-
Propene-2-methyl homopolymer) is amended--
            (1) in the general rate of duty column, by striking 
        ``Free'' and inserting ``3%''; and
            (2) in the effective period column, by striking ``12/31/
        2009'' and inserting ``12/31/2011''.
    (b) Effective Date.--The amendments made by subsection (a) shall 
take effect on January 1, 2010.
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