H. R. 3079—26 
person has provided incorrect information as to the country 
of origin of any such good. 
(c) ACTION ON COMPLETION OF A VERIFICATION.—On completion 
of a verification under subsection (a), the President may direct 
the Secretary of the Treasury to take appropriate action described 
in subsection (d) until such time as the Secretary receives informa-
tion sufficient to make the determination under subsection (a)(2) 
or until such earlier date as the President may direct. 
(d) APPROPRIATE ACTION DESCRIBED.—Appropriate action under 
subsection (c) includes— 
(1) denial of preferential tariff treatment under the Agree-
ment with respect to— 
(A) any textile or apparel good exported or produced 
by the person that is the subject of a verification under 
subsection (a)(1) regarding compliance described in sub-
section (a)(2)(A), if the Secretary of the Treasury deter-
mines that there is insufficient information to support, 
or that the person has provided incorrect information to 
support, any claim for preferential tariff treatment that 
has been made with respect to any such good; or 
(B) the textile or apparel good for which a claim of 
preferential tariff treatment has been made that is the 
subject of a verification under subsection (a)(1) regarding 
a claim described in subsection (a)(2)(B), if the Secretary 
determines that there is insufficient information to support, 
or that a person has provided incorrect information to 
support, that claim; and 
(2) denial of entry into the United States of any textile 
or apparel good exported or produced by the person that is 
the subject of a verification under subsection (a)(1) regarding 
compliance described in subsection (a)(2)(A) or a claim described 
in subsection (a)(2)(B), if the Secretary determines that there 
is insufficient information to determine, or that the person 
has provided incorrect information as to, the country of origin 
of any such good. 
(e) PUBLICATION
OF NAME
OF PERSON.—In accordance with 
article 3.21.9 of the Agreement, the Secretary of the Treasury 
may publish the name of any person that the Secretary has deter-
mined— 
(1) is engaged in intentional circumvention of applicable 
laws, regulations, or procedures affecting trade in textile or 
apparel goods; or 
(2) has failed to demonstrate that it produces, or is capable 
of producing, the textile or apparel goods that are the subject 
of a verification under subsection (a)(1). 
SEC. 209. REGULATIONS. 
The Secretary of the Treasury shall prescribe such regulations 
as may be necessary to carry out— 
(1) subsections (a) through (n) of section 203; 
(2) the amendment made by section 204; and 
(3) any proclamation issued under section 203(o).
H. R. 3079—27 
TITLE III—RELIEF FROM IMPORTS 
SEC. 301. DEFINITIONS. 
In this title: 
(1) PANAMANIAN ARTICLE.—The term ‘‘Panamanian article’’ 
means an article that qualifies as an originating good under 
section 203(b). 
(2) PANAMANIAN TEXTILE OR APPAREL ARTICLE.—The term 
‘‘Panamanian textile or apparel article’’ means a textile or 
apparel good (as defined in section 3(4)) that is a Panamanian 
article. 
Subtitle A—Relief From Imports 
Benefitting From the Agreement 
SEC. 311. COMMENCING OF ACTION FOR RELIEF. 
(a) FILING OF PETITION.—A petition requesting action under 
this subtitle for the purpose of adjusting to the obligations of 
the United States under the Agreement may be filed with the 
Commission by an entity, including a trade association, firm, cer-
tified or recognized union, or group of workers, that is representa-
tive of an industry. The Commission shall transmit a copy of any 
petition filed under this subsection to the United States Trade 
Representative. 
(b) INVESTIGATION
AND DETERMINATION.—Upon the filing of 
a petition under subsection (a), the Commission, unless subsection 
(d) applies, shall promptly initiate an investigation to determine 
whether, as a result of the reduction or elimination of a duty 
provided for under the Agreement, a Panamanian article is being 
imported into the United States in such increased quantities, in 
absolute terms or relative to domestic production, and under such 
conditions that imports of the Panamanian article constitute a 
substantial cause of serious injury or threat thereof to the domestic 
industry producing an article that is like, or directly competitive 
with, the imported article. 
(c) APPLICABLE PROVISIONS.—The following provisions of section 
202 of the Trade Act of 1974 (19 U.S.C. 2252) apply with respect 
to any investigation initiated under subsection (b): 
(1) Paragraphs (1)(B) and (3) of subsection (b). 
(2) Subsection (c). 
(3) Subsection (i). 
(d) ARTICLES EXEMPT FROM INVESTIGATION.—No investigation 
may be initiated under this section with respect to any Panamanian 
article if, after the date on which the Agreement enters into force, 
import relief has been provided with respect to that Panamanian 
article under this subtitle. 
SEC. 312. COMMISSION ACTION ON PETITION. 
(a) DETERMINATION.—Not later than 120 days after the date 
on which an investigation is initiated under section 311(b) with 
respect to a petition, the Commission shall make the determination 
required under that section. 
(b) APPLICABLE PROVISIONS.—For purposes of this subtitle, the 
provisions of paragraphs (1), (2), and (3) of section 330(d) of the 
Tariff Act of 1930 (19 U.S.C. 1330(d) (1), (2), and (3)) shall be
H. R. 3079—28 
applied with respect to determinations and findings made under 
this section as if such determinations and findings were made 
under section 202 of the Trade Act of 1974 (19 U.S.C. 2252). 
(c) ADDITIONAL FINDING AND RECOMMENDATION IF DETERMINA-
TION AFFIRMATIVE.— 
(1) IN
GENERAL.—If the determination made by the 
Commission under subsection (a) with respect to imports of 
an article is affirmative, or if the President may consider a 
determination of the Commission to be an affirmative deter-
mination as provided for under paragraph (1) of section 330(d) 
of the Tariff Act of 1930 (19 U.S.C. 1330(d)(1)), the Commission 
shall find, and recommend to the President in the report 
required under subsection (d), the amount of import relief that 
is necessary to remedy or prevent the injury found by the 
Commission in the determination and to facilitate the efforts 
of the domestic industry to make a positive adjustment to 
import competition. 
(2) LIMITATION ON RELIEF.—The import relief recommended 
by the Commission under this subsection shall be limited to 
the relief described in section 313(c). 
(3) VOTING; SEPARATE VIEWS.—Only those members of the 
Commission who voted in the affirmative under subsection 
(a) are eligible to vote on the proposed action to remedy or 
prevent the injury found by the Commission. Members of the 
Commission who did not vote in the affirmative may submit, 
in the report required under subsection (d), separate views 
regarding what action, if any, should be taken to remedy or 
prevent the injury. 
(d) REPORT TO PRESIDENT.—Not later than the date that is 
30 days after the date on which a determination is made under 
subsection (a) with respect to an investigation, the Commission 
shall submit to the President a report that includes— 
(1) the determination made under subsection (a) and an 
explanation of the basis for the determination; 
(2) if the determination under subsection (a) is affirmative, 
any findings and recommendations for import relief made under 
subsection (c) and an explanation of the basis for each rec-
ommendation; and 
(3) any dissenting or separate views by members of the 
Commission regarding the determination referred to in para-
graph (1) and any finding or recommendation referred to in 
paragraph (2). 
(e) PUBLIC NOTICE.—Upon submitting a report to the President 
under subsection (d), the Commission shall promptly make public 
the report (with the exception of information which the Commission 
determines to be confidential) and shall publish a summary of 
the report in the Federal Register. 
SEC. 313. PROVISION OF RELIEF. 
(a) IN GENERAL.—Not later than the date that is 30 days 
after the date on which the President receives a report of the 
Commission in which the Commission’s determination under section 
312(a) is affirmative, or which contains a determination under 
section 312(a) that the President considers to be affirmative under 
paragraph (1) of section 330(d) of the Tariff Act of 1930 (19 U.S.C. 
1330(d)(1)), the President, subject to subsection (b), shall provide
H. R. 3079—29 
relief from imports of the article that is the subject of such deter-
mination to the extent that the President determines necessary 
to remedy or prevent the injury found by the Commission and 
to facilitate the efforts of the domestic industry to make a positive 
adjustment to import competition. 
(b) EXCEPTION.—The President is not required to provide import 
relief under this section if the President determines that the provi-
sion of the import relief will not provide greater economic and 
social benefits than costs. 
(c) NATURE OF RELIEF.— 
(1) IN GENERAL.—The import relief that the President is 
authorized to provide under this section with respect to imports 
of an article is as follows: 
(A) The suspension of any further reduction provided 
for under Annex 3.3 of the Agreement in the duty imposed 
on the article. 
(B) An increase in the rate of duty imposed on the 
article to a level that does not exceed the lesser of— 
(i) the column 1 general rate of duty imposed under 
the HTS on like articles at the time the import relief 
is provided; or 
(ii) the column 1 general rate of duty imposed 
under the HTS on like articles on the day before the 
date on which the Agreement enters into force. 
(2) PROGRESSIVE LIBERALIZATION.—If the period for which 
import relief is provided under this section is greater than 
1 year, the President shall provide for the progressive liberaliza-
tion (described in article 8.2.3 of the Agreement) of such relief 
at regular intervals during the period of its application. 
(d) PERIOD OF RELIEF.— 
(1) IN GENERAL.—Subject to paragraph (2), any import relief 
that the President provides under this section may not, in 
the aggregate, be in effect for more than 4 years. 
(2) EXTENSION.— 
(A) IN GENERAL.—If the initial period for any import 
relief provided under this section is less than 4 years, 
the President, after receiving a determination from the 
Commission under subparagraph (B) that is affirmative, 
or which the President considers to be affirmative under 
paragraph (1) of section 330(d) of the Tariff Act of 1930 
(19 U.S.C. 1330(d)(1)), may extend the effective period of 
any import relief provided under this section, subject to 
the limitation under paragraph (1), if the President deter-
mines that— 
(i) the import relief continues to be necessary to 
remedy or prevent serious injury and to facilitate 
adjustment by the domestic industry to import competi-
tion; and 
(ii) there is evidence that the industry is making 
a positive adjustment to import competition. 
(B) ACTION BY COMMISSION.— 
(i) INVESTIGATION.—Upon a petition on behalf of 
the industry concerned that is filed with the Commis-
sion not earlier than the date that is 9 months, and 
not later than the date that is 6 months, before the 
date on which any action taken under subsection (a)
H. R. 3079—30 
is to terminate, the Commission shall conduct an inves-
tigation to determine whether action under this section 
continues to be necessary to remedy or prevent serious 
injury and whether there is evidence that the industry 
is making a positive adjustment to import competition. 
(ii) NOTICE AND HEARING.—The Commission shall 
publish notice of the commencement of any proceeding 
under this subparagraph in the Federal Register and 
shall, within a reasonable time thereafter, hold a public 
hearing at which the Commission shall afford 
interested parties and consumers an opportunity to 
be present, to present evidence, and to respond to 
the presentations of other parties and consumers, and 
otherwise to be heard. 
(iii) REPORT.—The Commission shall submit to the 
President a report on its investigation and determina-
tion under this subparagraph not later than 60 days 
before the action under subsection (a) is to terminate, 
unless the President specifies a different date. 
(e) RATE AFTER TERMINATION OF IMPORT RELIEF.—When import 
relief under this section is terminated with respect to an article— 
(1) the rate of duty on that article after such termination 
and on or before December 31 of the year in which such termi-
nation occurs shall be the rate that, according to the Schedule 
of the United States to Annex 3.3 of the Agreement, would 
have been in effect 1 year after the provision of relief under 
subsection (a); and 
(2) the rate of duty for that article after December 31 
of the year in which such termination occurs shall be, at the 
discretion of the President, either— 
(A) the applicable rate of duty for that article set 
forth in the Schedule of the United States to Annex 3.3 
of the Agreement; or 
(B) the rate of duty resulting from the elimination 
of the tariff in equal annual stages ending on the date 
set forth in the Schedule of the United States to Annex 
3.3 of the Agreement for the elimination of the tariff. 
(f) ARTICLES EXEMPT FROM RELIEF.—No import relief may be 
provided under this section on— 
(1) any article that is subject to import relief under— 
(A) subtitle B; or 
(B) chapter 1 of title II of the Trade Act of 1974 
(19 U.S.C. 2251 et seq.); or 
(2) any article on which an additional duty assessed under 
section 202(b) is in effect. 
SEC. 314. TERMINATION OF RELIEF AUTHORITY. 
(a) GENERAL RULE.—Subject to subsection (b), no import relief 
may be provided under this subtitle after the date that is 10 
years after the date on which the Agreement enters into force. 
(b) EXCEPTION.—If an article for which relief is provided under 
this subtitle is an article for which the period for tariff elimination, 
set forth in the Schedule of the United States to Annex 3.3 of 
the Agreement, is greater than 10 years, no relief under this subtitle 
may be provided for that article after the date on which that 
period ends.
H. R. 3079—31 
SEC. 315. COMPENSATION AUTHORITY. 
For purposes of section 123 of the Trade Act of 1974 (19 
U.S.C. 2133), any import relief provided by the President under 
section 313 shall be treated as action taken under chapter 1 of 
title II of such Act (19 U.S.C. 2251 et seq.). 
SEC. 316. CONFIDENTIAL BUSINESS INFORMATION. 
Section 202(a)(8) of the Trade Act of 1974 (19 U.S.C. 2252(a)(8)) 
is amended in the first sentence— 
(1) by striking ‘‘and’’; and 
(2) by inserting before the period at the end ‘‘, and title 
III of the United States–Panama Trade Promotion Agreement 
Implementation Act’’. 
Subtitle B—Textile and Apparel Safeguard 
Measures 
SEC. 321. COMMENCEMENT OF ACTION FOR RELIEF. 
(a) IN GENERAL.—A request for action under this subtitle for 
the purpose of adjusting to the obligations of the United States 
under the Agreement may be filed with the President by an 
interested party. Upon the filing of a request, the President shall 
review the request to determine, from information presented in 
the request, whether to commence consideration of the request. 
(b) PUBLICATION OF REQUEST.—If the President determines that 
the request under subsection (a) provides the information necessary 
for the request to be considered, the President shall publish in 
the Federal Register a notice of commencement of consideration 
of the request, and notice seeking public comments regarding the 
request. The notice shall include a summary of the request and 
the dates by which comments and rebuttals must be received. 
SEC. 322. DETERMINATION AND PROVISION OF RELIEF. 
(a) DETERMINATION.— 
(1) IN GENERAL.—If a positive determination is made under 
section 321(b), the President shall determine whether, as a 
result of the elimination of a duty under the Agreement, a 
Panamanian textile or apparel article is being imported into 
the United States in such increased quantities, in absolute 
terms or relative to the domestic market for that article, and 
under such conditions as to cause serious damage, or actual 
threat thereof, to a domestic industry producing an article 
that is like, or directly competitive with, the imported article. 
(2) SERIOUS DAMAGE.—In making a determination under 
paragraph (1), the President— 
(A) shall examine the effect of increased imports on 
the domestic industry, as reflected in changes in such rel-
evant economic factors as output, productivity, utilization 
of capacity, inventories, market share, exports, wages, 
employment, domestic prices, profits, and investment, no 
one of which is necessarily decisive; and 
(B) shall not consider changes in consumer preference 
or changes in technology as factors supporting a determina-
tion of serious damage or actual threat thereof. 
(3) DEADLINE FOR DETERMINATION.—The President shall 
make the determination under paragraph (1) not later than
H. R. 3079—32 
30 days after the completion of any consultations held pursuant 
to article 3.24.4 of the Agreement. 
(b) PROVISION OF RELIEF.— 
(1) IN GENERAL.—If a determination under subsection (a) 
is affirmative, the President may provide relief from imports 
of the article that is the subject of such determination, as 
provided in paragraph (2), to the extent that the President 
determines necessary to remedy or prevent the serious damage 
and to facilitate adjustment by the domestic industry. 
(2) NATURE OF RELIEF.—The relief that the President is 
authorized to provide under this subsection with respect to 
imports of an article is an increase in the rate of duty imposed 
on the article to a level that does not exceed the lesser of— 
(A) the column 1 general rate of duty imposed under 
the HTS on like articles at the time the import relief 
is provided; or 
(B) the column 1 general rate of duty imposed under 
the HTS on like articles on the day before the date on 
which the Agreement enters into force. 
SEC. 323. PERIOD OF RELIEF. 
(a) IN GENERAL.—Subject to subsection (b), any import relief 
that the President provides under section 322(b) may not, in the 
aggregate, be in effect for more than 3 years. 
(b) EXTENSION.—If the initial period for any import relief pro-
vided under section 322 is less than 3 years, the President may 
extend the effective period of any import relief provided under 
that section, subject to the limitation set forth in subsection (a), 
if the President determines that— 
(1) the import relief continues to be necessary to remedy 
or prevent serious damage and to facilitate adjustment by the 
domestic industry to import competition; and 
(2) there is evidence that the industry is making a positive 
adjustment to import competition. 
SEC. 324. ARTICLES EXEMPT FROM RELIEF. 
The President may not provide import relief under this subtitle 
with respect to an article if— 
(1) import relief previously has been provided under this 
subtitle with respect to that article; or 
(2) the article is subject to import relief under— 
(A) subtitle A; or 
(B) chapter 1 of title II of the Trade Act of 1974 
(19 U.S.C. 2251 et seq.). 
SEC. 325. RATE AFTER TERMINATION OF IMPORT RELIEF. 
On the date on which import relief under this subtitle is termi-
nated with respect to an article, the rate of duty on that article 
shall be the rate that would have been in effect but for the provision 
of such relief. 
SEC. 326. TERMINATION OF RELIEF AUTHORITY. 
No import relief may be provided under this subtitle with 
respect to any article after the date that is 5 years after the 
date on which the Agreement enters into force.
H. R. 3079—33 
SEC. 327. COMPENSATION AUTHORITY. 
For purposes of section 123 of the Trade Act of 1974 (19 
U.S.C. 2133), any import relief provided by the President under 
this subtitle shall be treated as action taken under chapter 1 
of title II of such Act (19 U.S.C. 2251 et seq.). 
SEC. 328. CONFIDENTIAL BUSINESS INFORMATION. 
The President may not release information received in connec-
tion with an investigation or determination under this subtitle 
which the President considers to be confidential business informa-
tion unless the party submitting the confidential business informa-
tion had notice, at the time of submission, that such information 
would be released by the President, or such party subsequently 
consents to the release of the information. To the extent a party 
submits confidential business information, the party shall also pro-
vide a nonconfidential version of the information in which the 
confidential business information is summarized or, if necessary, 
deleted. 
Subtitle C—Cases Under Title II of the 
Trade Act of 1974 
SEC. 331. FINDINGS AND ACTION ON PANAMANIAN ARTICLES. 
(a) EFFECT OF IMPORTS.—If, in any investigation initiated under 
chapter 1 of title II of the Trade Act of 1974 (19 U.S.C. 2251 
et seq.), the Commission makes an affirmative determination (or 
a determination which the President may treat as an affirmative 
determination under such chapter by reason of section 330(d) of 
the Tariff Act of 1930 (19 U.S.C. 1330(d))), the Commission shall 
also find (and report to the President at the time such injury 
determination is submitted to the President) whether imports of 
the Panamanian article are a substantial cause of serious injury 
or threat thereof. 
(b) PRESIDENTIAL DETERMINATION REGARDING IMPORTS OF PAN-
AMANIAN ARTICLES.—In determining the nature and extent of action 
to be taken under chapter 1 of title II of the Trade Act of 1974 
(19 U.S.C. 2251 et seq.), the President may exclude from the action 
Panamanian articles with respect to which the Commission has 
made a negative finding under subsection (a). 
TITLE IV—MISCELLANEOUS 
SEC. 401. ELIGIBLE PRODUCTS. 
Section 308(4)(A) of the Trade Agreements Act of 1979 (19 
U.S.C. 2518(4)(A)) is amended— 
(1) by striking ‘‘or’’ at the end of clause (viii); 
(2) by striking the period at the end of clause (ix) and 
inserting ‘‘; or’’; and 
(3) by adding at the end the following new clause: 
‘‘(x) a party to the United States–Panama Trade 
Promotion Agreement, a product or service of that 
country or instrumentality which is covered under that 
agreement for procurement by the United States.’’.
H. R. 3079—34 
SEC. 402. MODIFICATION TO THE CARIBBEAN BASIN ECONOMIC 
RECOVERY ACT. 
(a) IN GENERAL.—Section 212(b) of the Caribbean Basin Eco-
nomic Recovery Act (19 U.S.C. 2702(b)) is amended by striking 
‘‘Panama’’ from the list of countries eligible for designation as 
beneficiary countries. 
(b) EFFECTIVE DATE.—The amendment made by subsection (a) 
takes effect on the date on which the President terminates the 
designation of Panama as a beneficiary country pursuant to section 
201(a)(3) of this Act. 
TITLE V—OFFSETS 
SEC. 501. EXTENSION OF CUSTOMS USER FEES. 
Section 13031(j)(3) of the Consolidated Omnibus Budget Rec-
onciliation Act of 1985 (19 U.S.C. 58c(j)(3)) is amended by adding 
at the end the following: 
‘‘(D) Notwithstanding subparagraph (B)(i), fees may be charged 
under paragraphs (1) through (8) of subsection (a) during the period 
beginning on September 1, 2021, and ending on September 30, 
2021.’’. 
SEC. 502. TIME FOR PAYMENT OF CORPORATE ESTIMATED TAXES. 
Notwithstanding section 6655 of the Internal Revenue Code 
of 1986, in the case of a corporation with assets of not less than 
$1,000,000,000 (determined as of the end of the preceding taxable 
year)— 
(1) the amount of any required installment of corporate 
estimated tax which is otherwise due in July, August, or Sep-
tember of 2012 shall be increased by 0.25 percent of such 
amount (determined without regard to any increase in such 
amount not contained in such Code); 
(2) the amount of any required installment of corporate 
estimated tax which is otherwise due in July, August, or Sep-
tember of 2016 shall be increased by 0.25 percent of such 
amount (determined without regard to any increase in such 
amount not contained in such Code); and
H. R. 3079—35 
(3) the amount of the next required installment after an 
installment referred to in paragraph (1) or (2) shall be appro-
priately reduced to reflect the amount of the increase by reason 
of such paragraph. 
Speaker of the House of Representatives. 
Vice President of the United States and
President of the Senate.