I 
112TH CONGRESS 
1ST SESSION H. R. 3079 
To implement the United States–Panama Trade Promotion Agreement. 
IN THE HOUSE OF REPRESENTATIVES 
OCTOBER 3, 2011 
Mr. CANTOR (for himself and Mr. MCDERMOTT) (both by request) introduced 
the following bill; which was referred to the Committee on Ways and Means 
A BILL 
To implement the United States–Panama Trade Promotion 
Agreement. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘United States–Panama Trade Promotion Agreement Im-
plementation Act’’. 
(b) TABLE OF CONTENTS.—The table of contents for 
this Act is as follows: 
Sec. 1. Short title; table of contents. 
Sec. 2. Purposes. 
Sec. 3. Definitions. 
TITLE I—APPROVAL OF, AND GENERAL PROVISIONS RELATING 
TO, THE AGREEMENT 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00001
Fmt 6652
Sfmt 6211
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
Sec. 101. Approval and entry into force of the Agreement. 
Sec. 102. Relationship of the Agreement to United States and State law. 
Sec. 103. Implementing actions in anticipation of entry into force and initial 
regulations. 
Sec. 104. Consultation and layover provisions for, and effective date of, pro-
claimed actions. 
Sec. 105. Administration of dispute settlement proceedings. 
Sec. 106. Arbitration of claims. 
Sec. 107. Effective dates; effect of termination. 
TITLE II—CUSTOMS PROVISIONS 
Sec. 201. Tariff modifications. 
Sec. 202. Additional duties on certain agricultural goods. 
Sec. 203. Rules of origin. 
Sec. 204. Customs user fees. 
Sec. 205. Disclosure of incorrect information; false certifications of origin; de-
nial of preferential tariff treatment. 
Sec. 206. Reliquidation of entries. 
Sec. 207. Recordkeeping requirements. 
Sec. 208. Enforcement relating to trade in textile or apparel goods. 
Sec. 209. Regulations. 
TITLE III—RELIEF FROM IMPORTS 
Sec. 301. Definitions. 
Subtitle A—Relief From Imports Benefitting From the Agreement 
Sec. 311. Commencing of action for relief. 
Sec. 312. Commission action on petition. 
Sec. 313. Provision of relief. 
Sec. 314. Termination of relief authority. 
Sec. 315. Compensation authority. 
Sec. 316. Confidential business information. 
Subtitle B—Textile and Apparel Safeguard Measures 
Sec. 321. Commencement of action for relief. 
Sec. 322. Determination and provision of relief. 
Sec. 323. Period of relief. 
Sec. 324. Articles exempt from relief. 
Sec. 325. Rate after termination of import relief. 
Sec. 326. Termination of relief authority. 
Sec. 327. Compensation authority. 
Sec. 328. Confidential business information. 
Subtitle C—Cases Under Title II of the Trade Act of 1974 
Sec. 331. Findings and action on Panamanian articles. 
TITLE IV—MISCELLANEOUS 
Sec. 401. Eligible products. 
Sec. 402. Modification to the Caribbean Basin Economic Recovery Act. 
TITLE V—OFFSETS 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00002
Fmt 6652
Sfmt 6211
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
Sec. 501. Extension of customs user fees. 
Sec. 502. Time for payment of corporate estimated taxes. 
SEC. 2. PURPOSES. 
The purposes of this Act are— 
(1) to approve and implement the free trade 
agreement between the United States and Panama 
entered into under the authority of section 2103(b) 
of the Bipartisan Trade Promotion Authority Act of 
2002 (19 U.S.C. 3803(b)); 
(2) to strengthen and develop economic rela-
tions between the United States and Panama for 
their mutual benefit; 
(3) to establish free trade between the United 
States and Panama through the reduction and elimi-
nation of barriers to trade in goods and services and 
to investment; and 
(4) to lay the foundation for further coopera-
tion to expand and enhance the benefits of the 
Agreement. 
SEC. 3. DEFINITIONS. 
In this Act: 
(1) 
AGREEMENT.—The 
term 
‘‘Agreement’’ 
means the United States–Panama Trade Promotion 
Agreement approved by Congress under section 
101(a)(1). 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00003
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
(2) COMMISSION.—The term ‘‘Commission’’ 
means the United States International Trade Com-
mission. 
(3) HTS.—The term ‘‘HTS’’ means the Har-
monized Tariff Schedule of the United States. 
(4) TEXTILE
OR
APPAREL
GOOD.—The term 
‘‘textile or apparel good’’ means a good listed in the 
Annex to the Agreement on Textiles and Clothing 
referred to in section 101(d)(4) of the Uruguay 
Round Agreements Act (19 U.S.C. 3511(d)(4)), 
other than a good listed in Annex 3.30 of the Agree-
ment. 
TITLE 
I—APPROVAL 
OF, 
AND 
GENERAL 
PROVISIONS 
RE-
LATING TO, THE AGREEMENT 
SEC. 101. APPROVAL AND ENTRY INTO FORCE OF THE 
AGREEMENT. 
(a) APPROVAL OF AGREEMENT AND STATEMENT OF 
ADMINISTRATIVE ACTION.—Pursuant to section 2105 of 
the Bipartisan Trade Promotion Authority Act of 2002 
(19 U.S.C. 3805) and section 151 of the Trade Act of 
1974 (19 U.S.C. 2191), Congress approves— 
(1) the United States–Panama Trade Pro-
motion Agreement entered into on June 28, 2007, 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00004
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
with the Government of Panama and submitted to 
Congress on October 3, 2011; and 
(2) the statement of administrative action pro-
posed to implement the Agreement that was sub-
mitted to Congress on October 3, 2011. 
(b) CONDITIONS FOR ENTRY INTO FORCE OF THE 
AGREEMENT.—At such time as the President determines 
that Panama has taken measures necessary to comply 
with those provisions of the Agreement that are to take 
effect on the date on which the Agreement enters into 
force, the President is authorized to exchange notes with 
the Government of Panama providing for the entry into 
force, on or after January 1, 2012, of the Agreement with 
respect to the United States. 
SEC. 102. RELATIONSHIP OF THE AGREEMENT TO UNITED 
STATES AND STATE LAW. 
(a) RELATIONSHIP
OF AGREEMENT
TO UNITED 
STATES LAW.— 
(1) UNITED STATES LAW TO PREVAIL IN CON-
FLICT.—No provision of the Agreement, nor the ap-
plication of any such provision to any person or cir-
cumstance, which is inconsistent with any law of the 
United States shall have effect. 
(2) CONSTRUCTION.—Nothing in this Act shall 
be construed— 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00005
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
(A) to amend or modify any law of the 
United States, or 
(B) to limit any authority conferred under 
any law of the United States, 
unless specifically provided for in this Act. 
(b) RELATIONSHIP
OF
AGREEMENT
TO
STATE 
LAW.— 
(1) LEGAL CHALLENGE.—No State law, or the 
application thereof, may be declared invalid as to 
any person or circumstance on the ground that the 
provision or application is inconsistent with the 
Agreement, except in an action brought by the 
United States for the purpose of declaring such law 
or application invalid. 
(2) DEFINITION OF STATE LAW.—For purposes 
of this subsection, the term ‘‘State law’’ includes— 
(A) any law of a political subdivision of a 
State; and 
(B) any State law regulating or taxing the 
business of insurance. 
(c) EFFECT OF AGREEMENT WITH RESPECT TO PRI-
VATE REMEDIES.—No person other than the United 
States— 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00006
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
(1) shall have any cause of action or defense 
under the Agreement or by virtue of congressional 
approval thereof; or 
(2) may challenge, in any action brought under 
any provision of law, any action or inaction by any 
department, agency, or other instrumentality of the 
United States, any State, or any political subdivision 
of a State, on the ground that such action or inac-
tion is inconsistent with the Agreement. 
SEC. 103. IMPLEMENTING ACTIONS IN ANTICIPATION OF 
ENTRY INTO FORCE AND INITIAL REGULA-
TIONS. 
(a) IMPLEMENTING ACTIONS.— 
(1) PROCLAMATION
AUTHORITY.—After the 
date of the enactment of this Act— 
(A) the President may proclaim such ac-
tions, and 
(B) other appropriate officers of the 
United States Government may issue such reg-
ulations, 
as may be necessary to ensure that any provision of 
this Act, or amendment made by this Act, that takes 
effect on the date on which the Agreement enters 
into force is appropriately implemented on such 
date, but no such proclamation or regulation may 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00007
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
have an effective date earlier than the date on which 
the Agreement enters into force. 
(2) EFFECTIVE DATE OF CERTAIN PROCLAIMED 
ACTIONS.—Any action proclaimed by the President 
under the authority of this Act that is not subject 
to the consultation and layover provisions under sec-
tion 104 may not take effect before the 15th day 
after the date on which the text of the proclamation 
is published in the Federal Register. 
(3) WAIVER OF 15-DAY RESTRICTION.—The 15- 
day restriction contained in paragraph (2) on the 
taking effect of proclaimed actions is waived to the 
extent that the application of such restriction would 
prevent the taking effect on the date the Agreement 
enters into force of any action proclaimed under this 
section. 
(b) INITIAL REGULATIONS.—Initial regulations nec-
essary or appropriate to carry out the actions required by 
or authorized under this Act or proposed in the statement 
of 
administrative 
action 
submitted 
under 
section 
101(a)(2) to implement the Agreement shall, to the max-
imum extent feasible, be issued within 1 year after the 
date on which the Agreement enters into force. In the case 
of any implementing action that takes effect on a date 
after the date on which the Agreement enters into force, 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00008
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
initial regulations to carry out that action shall, to the 
maximum extent feasible, be issued within 1 year after 
such effective date. 
SEC. 104. CONSULTATION AND LAYOVER PROVISIONS FOR, 
AND EFFECTIVE DATE OF, PROCLAIMED AC-
TIONS. 
If a provision of this Act provides that the implemen-
tation of an action by the President by proclamation is 
subject to the consultation and layover requirements of 
this section, such action may be proclaimed only if— 
(1) the President has obtained advice regarding 
the proposed action from— 
(A) the appropriate advisory committees 
established under section 135 of the Trade Act 
of 1974 (19 U.S.C. 2155); and 
(B) the Commission; 
(2) the President has submitted to the Com-
mittee on Finance of the Senate and the Committee 
on Ways and Means of the House of Representatives 
a report that sets forth— 
(A) the action proposed to be proclaimed 
and the reasons therefor; and 
(B) the advice obtained under paragraph 
(1); 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00009
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
(3) a period of 60 calendar days, beginning on 
the first day on which the requirements set forth in 
paragraphs (1) and (2) have been met, has expired; 
and 
(4) the President has consulted with the com-
mittees referred to in paragraph (2) regarding the 
proposed action during the period referred to in 
paragraph (3). 
SEC. 105. ADMINISTRATION OF DISPUTE SETTLEMENT PRO-
CEEDINGS. 
(a) ESTABLISHMENT OR DESIGNATION OF OFFICE.— 
The President is authorized to establish or designate with-
in the Department of Commerce an office that shall be 
responsible for providing administrative assistance to pan-
els established under chapter 20 of the Agreement. The 
office shall not be considered to be an agency for purposes 
of section 552 of title 5, United States Code. 
(b) AUTHORIZATION
OF APPROPRIATIONS.—There 
are authorized to be appropriated for each fiscal year after 
fiscal year 2011 to the Department of Commerce up to 
$150,000 for the establishment and operations of the of-
fice established or designated under subsection (a) and for 
the payment of the United States share of the expenses 
of panels established under chapter 20 of the Agreement. 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00010
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
SEC. 106. ARBITRATION OF CLAIMS. 
The United States is authorized to resolve any claim 
against 
the 
United 
States 
covered 
by 
article 
10.16.1(a)(i)(C) or article 10.16.1(b)(i)(C) of the Agree-
ment, pursuant to the Investor-State Dispute Settlement 
procedures set forth in section B of chapter 10 of the 
Agreement. 
SEC. 107. EFFECTIVE DATES; EFFECT OF TERMINATION. 
(a) EFFECTIVE DATES.—Except as provided in sub-
section (b), this Act and the amendments made by this 
Act take effect on the date on which the Agreement enters 
into force. 
(b) EXCEPTIONS.— 
(1) IN GENERAL.—Sections 1 through 3, this 
title, and title V take effect on the date of the enact-
ment of this Act. 
(2) CERTAIN AMENDATORY PROVISIONS.—The 
amendments made by sections 204, 205, 207, and 
401 of this Act take effect on the date of the enact-
ment of this Act and apply with respect to Panama 
on the date on which the Agreement enters into 
force. 
(c) TERMINATION
OF
THE AGREEMENT.—On the 
date on which the Agreement terminates, this Act (other 
than this subsection and title V) and the amendments 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00011
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
made by this Act (other than the amendments made by 
title V) shall cease to have effect. 
TITLE II—CUSTOMS PROVISIONS 
SEC. 201. TARIFF MODIFICATIONS. 
(a) TARIFF MODIFICATIONS PROVIDED FOR IN THE 
AGREEMENT.— 
(1) PROCLAMATION
AUTHORITY.—The Presi-
dent may proclaim— 
(A) such modifications or continuation of 
any duty, 
(B) such continuation of duty-free or ex-
cise treatment, or 
(C) such additional duties, 
as the President determines to be necessary or ap-
propriate to carry out or apply articles 3.3, 3.5, 3.6, 
3.26, 3.27, 3.28, and 3.29, and Annex 3.3, of the 
Agreement. 
(2) EFFECT ON GSP STATUS.—Notwithstanding 
section 502(a)(1) of the Trade Act of 1974 (19 
U.S.C. 2462(a)(1)), the President shall, on the date 
on which the Agreement enters into force, terminate 
the designation of Panama as a beneficiary devel-
oping country for purposes of title V of the Trade 
Act of 1974 (19 U.S.C. 2461 et seq.). 
(3) EFFECT ON CBERA STATUS.— 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00012
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
(A) IN
GENERAL.—Notwithstanding sec-
tion 212(a) of the Caribbean Basin Economic 
Recovery Act (19 U.S.C. 2702(a)), the Presi-
dent shall, on the date on which the Agreement 
enters into force, terminate the designation of 
Panama as a beneficiary country for purposes 
of that Act. 
(B) EXCEPTION.—Notwithstanding sub-
paragraph (A), Panama shall be considered a 
beneficiary country under section 212(a) of the 
Caribbean Basin Economic Recovery Act, for 
purposes of— 
(i) sections 771(7)(G)(ii)(III) and 
771(7)(H) of the Tariff Act of 1930 (19 
U.S.C. 
1677(7)(G)(ii)(III) 
and 
1677(7)(H)); 
(ii) the duty-free treatment provided 
under paragraph 4 of the General Notes to 
the Schedule of the United States to 
Annex 3.3 of the Agreement; and 
(iii) section 274(h)(6)(B) of the Inter-
nal Revenue Code of 1986. 
(b) OTHER TARIFF MODIFICATIONS.—Subject to the 
consultation and layover provisions of section 104, the 
President may proclaim— 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00013
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
(1) such modifications or continuation of any 
duty, 
(2) such modifications as the United States 
may agree to with Panama regarding the staging of 
any duty treatment set forth in Annex 3.3 of the 
Agreement, 
(3) such continuation of duty-free or excise 
treatment, or 
(4) such additional duties, 
as the President determines to be necessary or appropriate 
to maintain the general level of reciprocal and mutually 
advantageous concessions with respect to Panama pro-
vided for by the Agreement. 
(c) CONVERSION TO AD VALOREM RATES.—For pur-
poses of subsections (a) and (b), with respect to any good 
for which the base rate in the Schedule of the United 
States to Annex 3.3 of the Agreement is a specific or com-
pound rate of duty, the President may substitute for the 
base rate an ad valorem rate that the President deter-
mines to be equivalent to the base rate. 
(d) TARIFF RATE QUOTAS.—In implementing the 
tariff rate quotas set forth in Appendix I to the General 
Notes to the Schedule of the United States to Annex 3.3 
of the Agreement, the President shall take such action as 
may be necessary to ensure that imports of agricultural 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00014
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
goods do not disrupt the orderly marketing of commodities 
in the United States. 
SEC. 202. ADDITIONAL DUTIES ON CERTAIN AGRICUL-
TURAL GOODS. 
(a) DEFINITIONS.—In this section: 
(1) APPLICABLE NTR (MFN) RATE OF DUTY.— 
The term ‘‘applicable NTR (MFN) rate of duty’’ 
means, with respect to a safeguard good, a rate of 
duty equal to the lowest of— 
(A) the base rate in the Schedule of the 
United States to Annex 3.3 of the Agreement; 
(B) the column 1 general rate of duty that 
would, on the day before the date on which the 
Agreement enters into force, apply to a good 
classifiable in the same 8-digit subheading of 
the HTS as the safeguard good; or 
(C) the column 1 general rate of duty that 
would, at the time the additional duty is im-
posed under subsection (b), apply to a good 
classifiable in the same 8-digit subheading of 
the HTS as the safeguard good. 
(2) SAFEGUARD GOOD.—The term ‘‘safeguard 
good’’ means a good— 
(A) that is included in the Schedule of the 
United States to Annex 3.17 of the Agreement; 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00015
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
(B) that qualifies as an originating good 
under section 203; and 
(C) for which a claim for preferential tariff 
treatment under the Agreement has been made. 
(3) SCHEDULE
RATE
OF
DUTY.—The term 
‘‘schedule rate of duty’’ means, with respect to a 
safeguard good, the rate of duty for that good that 
is set forth in the Schedule of the United States to 
Annex 3.3 of the Agreement. 
(4) TRIGGER LEVEL.— 
(A) IN
GENERAL.—The term ‘‘trigger 
level’’ means— 
(i) in the case of a safeguard good 
classified under subheading 0201.10.50, 
0201.20.80, 
0201.30.80, 
0202.10.50, 
0202.20.80, or 0202.30.80 of the HTS— 
(I) in year 1 of the Agreement, 
330 metric tons; and 
(II) in year 2 of the Agreement 
through year 14 of the Agreement, a 
quantity equal to 110 percent of the 
trigger level for that safeguard good 
for the preceding calendar year; and 
(ii) in the case of any other safeguard 
good, 115 percent of the quantity that is 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00016
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
provided for that safeguard good in the 
corresponding calendar year in the applica-
ble table contained in Appendix I to the 
General Notes to the Schedule of the 
United States to Annex 3.3 of the Agree-
ment. 
(B) RELATIONSHIP TO TABLE.—For pur-
poses of subparagraph (A)(ii), year 1 in the ap-
plicable table contained in Appendix I to the 
General Notes to the Schedule of the United 
States to Annex 3.3 of the Agreement cor-
responds to year 1 of the Agreement. 
(5) YEAR 1 OF THE AGREEMENT.—The term 
‘‘year 1 of the Agreement’’ means the period begin-
ning on the date, in a calendar year, on which the 
Agreement enters into force and ending on Decem-
ber 31 of that calendar year. 
(6) YEARS
OTHER
THAN
YEAR
OF
THE 
AGREEMENT.—Any reference to a year of the Agree-
ment subsequent to year 1 of the Agreement shall 
be deemed to be a reference to the corresponding 
calendar year in which the Agreement is in force. 
(b) ADDITIONAL DUTIES ON SAFEGUARD GOODS.— 
(1) IN GENERAL.—In addition to any duty pro-
claimed under subsection (a) or (b) of section 201, 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00017
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
the Secretary of the Treasury shall assess a duty, in 
the amount determined under paragraph (2), on a 
safeguard good imported into the United States in 
a calendar year if the Secretary determines that, 
prior to such importation, the total volume of that 
safeguard good that is imported into the United 
States in that calendar year exceeds the trigger level 
for that good for that calendar year. 
(2) CALCULATION OF ADDITIONAL DUTY.—The 
additional duty on a safeguard good under this sub-
section shall be— 
(A) in the case of a good classified under 
subheading 
0201.10.50, 
0201.20.80, 
0201.30.80, 
0202.10.50, 
0202.20.80, 
or 
0202.30.80 of the HTS— 
(i) in year 1 of the Agreement 
through year 6 of the Agreement, an 
amount equal to 100 percent of the excess 
of the applicable NTR (MFN) rate of duty 
over the schedule rate of duty; and 
(ii) in year 7 of the Agreement 
through year 14 of the Agreement, an 
amount equal to 50 percent of the excess 
of the applicable NTR (MFN) rate of duty 
over the schedule rate of duty; 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00018
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS
(B) in the case of a good classified under 
subheading 
0406.10.08, 
0406.10.88, 
0406.20.91, 
0406.30.91, 
0406.90.97, 
or 
2105.00.20 of the HTS— 
(i) in year 1 of the Agreement 
through year 11 of the Agreement, an 
amount equal to 100 percent of the excess 
of the applicable NTR (MFN) rate of duty 
over the schedule rate of duty; and 
(ii) in year 12 of the Agreement 
through year 14 of the Agreement, an 
amount equal to 50 percent of the excess 
of the applicable NTR (MFN) rate of duty 
over the schedule rate of duty; and 
(C) in the case of any other safeguard 
good— 
(i) in year 1 of the Agreement 
through year 13 of the Agreement, an 
amount equal to 100 percent of the excess 
of the applicable NTR (MFN) rate of duty 
over the schedule rate of duty; and 
(ii) in year 14 of the Agreement 
through year 16 of the Agreement, an 
amount equal to 50 percent of the excess 
VerDate Mar 15 2010 
06:07 Oct 04, 2011
Jkt 019002
PO 00000
Frm 00019
Fmt 6652
Sfmt 6201
E:\BILLS\H3079.IH
H3079
rfrederick on DSK6VPTVN1PROD with BILLS