In the Senate of the United States, 
May 14, 2015. 
Resolved, That the bill from the House of Representa-
tives (H.R. 1295) entitled ‘‘An Act to amend the Internal 
Revenue Code of 1986 to improve the process for making de-
terminations with respect to whether organizations are ex-
empt from taxation under section 501(c)(4) of such Code.’’, 
do pass with the following 
AMENDMENTS: 
Strike all after the enacting clause and insert the 
following: 
SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Trade Preferences Extension Act of 2015’’. 
(b) TABLE OF CONTENTS.—The table of contents for 
this Act is as follows: 
Sec. 1. Short title; table of contents. 
TITLE I—EXTENSION OF AFRICAN GROWTH AND OPPORTUNITY ACT 
Sec. 101. Short title. 
Sec. 102. Findings. 
Sec. 103. Extension of African Growth and Opportunity Act.
† HR 1295 EAS 
haran African countries, to boost trade and invest-
ment between the United States and sub-Saharan Af-
rican countries, and to renew and strengthen the Afri-
can Growth and Opportunity Act. 
(5) The long-term economic security of the 
United States is enhanced by strong economic and po-
litical ties with the fastest-growing economies in the 
world, many of which are in sub-Saharan Africa. 
(6) It is a goal of the United States to further 
integrate sub-Saharan African countries into the glob-
al economy, stimulate economic development in Afri-
ca, and diversify sources of growth in sub-Saharan 
Africa. 
(7) To that end, implementation of the Agree-
ment on Trade Facilitation of the World Trade Orga-
nization would strengthen regional integration efforts 
in sub-Saharan Africa and contribute to economic 
growth in the region. 
(8) The elimination of barriers to trade and in-
vestment in sub-Saharan Africa, including high tar-
iffs, forced localization requirements, restrictions on 
investment, and customs barriers, will create opportu-
nities for workers, businesses, farmers, and ranchers 
in the United States and sub-Saharan African coun-
tries.
† HR 1295 EAS 
(9) The elimination of such barriers will im-
prove utilization of the African Growth and Oppor-
tunity Act and strengthen regional and global inte-
gration, accelerate economic growth in sub-Saharan 
Africa, and enhance the trade relationship between 
the United States and sub-Saharan Africa. 
SEC. 103. EXTENSION OF AFRICAN GROWTH AND OPPOR-
TUNITY ACT. 
(a) IN GENERAL.—Section 506B of the Trade Act of 
1974 (19 U.S.C. 2466b) is amended by striking ‘‘September 
30, 2015’’ and inserting ‘‘September 30, 2025’’. 
(b) AFRICAN GROWTH AND OPPORTUNITY ACT.— 
(1) IN GENERAL.—Section 112(g) of the African 
Growth and Opportunity Act (19 U.S.C. 3721(g)) is 
amended by striking ‘‘September 30, 2015’’ and in-
serting ‘‘September 30, 2025’’. 
(2) EXTENSION OF REGIONAL APPAREL ARTICLE 
PROGRAM.—Section 112(b)(3)(A) of the African 
Growth 
and 
Opportunity 
Act 
(19 
U.S.C. 
3721(b)(3)(A)) is amended— 
(A) in clause (i), by striking ‘‘11 suc-
ceeding’’ and inserting ‘‘21 succeeding’’; and 
(B) in clause (ii)(II), by striking ‘‘Sep-
tember 30, 2015’’ and inserting ‘‘September 30, 
2025’’.
† HR 1295 EAS 
(3) EXTENSION OF THIRD-COUNTRY FABRIC PRO-
GRAM.—Section 112(c)(1) of the African Growth and 
Opportunity Act (19 U.S.C. 3721(c)(1)) is amend-
ed— 
(A) in the paragraph heading, by striking 
‘‘SEPTEMBER 30, 2015’’ and inserting ‘‘SEP-
TEMBER 30, 2025’’; 
(B) in subparagraph (A), by striking ‘‘Sep-
tember 30, 2015’’ and inserting ‘‘September 30, 
2025’’; and 
(C) in subparagraph (B)(ii), by striking 
‘‘September 30, 2015’’ and inserting ‘‘September 
30, 2025’’. 
SEC. 104. MODIFICATIONS OF RULES OF ORIGIN FOR DUTY- 
FREE TREATMENT FOR ARTICLES OF BENE-
FICIARY SUB-SAHARAN AFRICAN COUNTRIES 
UNDER 
GENERALIZED 
SYSTEM 
OF 
PREF-
ERENCES. 
(a) IN GENERAL.—Section 506A(b)(2) of the Trade 
Act of 1974 (19 U.S.C. 2466a(b)(2)) is amended— 
(1) in subparagraph (A), by striking ‘‘and’’ at 
the end; 
(2) in subparagraph (B), by striking the period 
at the end and inserting ‘‘; and’’; and 
(3) by adding at the end the following:
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‘‘(C) the direct costs of processing operations 
performed in one or more such beneficiary sub- 
Saharan African countries or former beneficiary 
sub-Saharan African countries shall be applied 
in determining such percentage.’’. 
(b) APPLICABILITY TO ARTICLES RECEIVING DUTY- 
FREE TREATMENT UNDER TITLE V OF TRADE ACT OF 
1974.—Section 506A(b) of the Trade Act of 1974 (19 U.S.C. 
2466a(b)) is amended by adding at the end the following: 
‘‘(3) RULES OF ORIGIN UNDER THIS TITLE.—The 
exceptions set forth in subparagraphs (A), (B), and 
(C) of paragraph (2) shall also apply to any article 
described in section 503(a)(1) that is the growth, 
product, or manufacture of a beneficiary sub-Saharan 
African country for purposes of any determination to 
provide duty-free treatment with respect to such arti-
cle.’’. 
(c) MODIFICATIONS
TO
THE HARMONIZED TARIFF 
SCHEDULE.—The President may proclaim such modifica-
tions as may be necessary to the Harmonized Tariff Sched-
ule of the United States (HTS) to add the special tariff 
treatment symbol ‘‘D’’ in the ‘‘Special’’ subcolumn of the 
HTS for each article classified under a heading or sub-
heading with the special tariff treatment symbol ‘‘A’’ or 
‘‘A*’’ in the ‘‘Special’’ subcolumn of the HTS.
† HR 1295 EAS 
(d) EFFECTIVE DATE.—The amendments made by 
subsections (a) and (b) take effect on the date of the enact-
ment of this Act and apply with respect to any article de-
scribed in section 503(b)(1)(B) through (G) of the Trade 
Act of 1974 that is the growth, product, or manufacture 
of a beneficiary sub-Saharan African country and that is 
imported into the customs territory of the United States on 
or after the date that is 30 days after such date of enact-
ment. 
SEC. 105. MONITORING AND REVIEW OF ELIGIBILITY 
UNDER 
GENERALIZED 
SYSTEM 
OF 
PREF-
ERENCES. 
(a) CONTINUING COMPLIANCE.—Section 506A(a)(3) of 
the Trade Act of 1974 (19 U.S.C. 2466a(a)(3)) is amend-
ed— 
(1) by striking ‘‘If the President’’ and inserting 
the following: 
‘‘(A) IN GENERAL.—If the President’’; and 
(2) by adding at the end the following: 
‘‘(B) NOTIFICATION.—The President may 
not terminate the designation of a country as a 
beneficiary sub-Saharan African country under 
subparagraph (A) unless, at least 60 days before 
the termination of such designation, the Presi-
dent notifies Congress and notifies the country of
† HR 1295 EAS 
the President’s intention to terminate such des-
ignation, together with the considerations enter-
ing into the decision to terminate such designa-
tion.’’. 
(b) WITHDRAWAL, SUSPENSION, OR LIMITATION OF 
PREFERENTIAL TARIFF TREATMENT.—Section 506A of the 
Trade Act of 1974 (19 U.S.C. 2466a) is amended— 
(1) by redesignating subsection (c) as subsection 
(d); and 
(2) by inserting after subsection (b) the fol-
lowing: 
‘‘(c) WITHDRAWAL, SUSPENSION, OR LIMITATION OF 
PREFERENTIAL TARIFF TREATMENT.— 
‘‘(1) IN
GENERAL.—The President may with-
draw, suspend, or limit the application of duty-free 
treatment provided for any article described in sub-
section (b)(1) of this section or section 112 of the Afri-
can Growth and Opportunity Act with respect to a 
beneficiary sub-Saharan African country if the Presi-
dent determines that withdrawing, suspending, or 
limiting such duty-free treatment would be more effec-
tive in promoting compliance by the country with the 
requirements described in subsection (a)(1) than ter-
minating the designation of the country as a bene-
† HR 1295 EAS 
ficiary sub-Saharan African country for purposes of 
this section. 
‘‘(2) NOTIFICATION.—The President may not 
withdraw, suspend, or limit the application of duty- 
free treatment under paragraph (1) unless, at least 60 
days before such withdrawal, suspension, or limita-
tion, the President notifies Congress and notifies the 
country of the President’s intention to withdraw, sus-
pend, or limit such duty-free treatment, together with 
the considerations entering into the decision to termi-
nate such designation.’’. 
(c) REVIEW AND PUBLIC COMMENTS ON ELIGIBILITY 
REQUIREMENTS.—Section 506A of the Trade Act of 1974 
(19 U.S.C. 2466a), as so amended, is further amended— 
(1) by redesignating subsection (d) as subsection 
(e); and 
(2) by inserting after subsection (c) the fol-
lowing: 
‘‘(d) REVIEW AND PUBLIC COMMENTS ON ELIGIBILITY 
REQUIREMENTS.— 
‘‘(1) IN GENERAL.—In carrying out subsection 
(a)(2), the President shall publish annually in the 
Federal Register a notice of review and request for 
public comments on whether beneficiary sub-Saharan 
African countries are meeting the eligibility require-
† HR 1295 EAS 
ments set forth in section 104 of the African Growth 
and Opportunity Act and the eligibility criteria set 
forth in section 502 of this Act. 
‘‘(2) PUBLIC
HEARING.—The United States 
Trade Representative shall, not later than 30 days 
after the date on which the President publishes the no-
tice of review and request for public comments under 
paragraph (1)— 
‘‘(A) hold a public hearing on such review 
and request for public comments; and 
‘‘(B) publish in the Federal Register, before 
such hearing is held, notice of— 
‘‘(i) the time and place of such hear-
ing; and 
‘‘(ii) the time and place at which such 
public comments will be accepted. 
‘‘(3) PETITION PROCESS.— 
‘‘(A) IN GENERAL.—Not later than 60 days 
after the date of the enactment of this subsection, 
the President shall establish a process to allow 
any interested person, at any time, to file a peti-
tion with the Office of the United States Trade 
Representative with respect to the compliance of 
any country listed in section 107 of the African 
Growth and Opportunity Act with the eligibility
† HR 1295 EAS 
requirements set forth in section 104 of such Act 
and the eligibility criteria set forth in section 
502 of this Act. 
‘‘(B) USE
OF
PETITIONS.—The President 
shall take into account all petitions filed pursu-
ant to subparagraph (A) in making determina-
tions of compliance under subsections (a)(3)(A) 
and (c) and in preparing any reports required 
by this title as such reports apply with respect 
to beneficiary sub-Saharan African countries. 
‘‘(4) OUT-OF-CYCLE REVIEWS.— 
‘‘(A) IN GENERAL.—The President may, at 
any time, initiate an out-of-cycle review of 
whether a beneficiary sub-Saharan African coun-
try is making continual progress in meeting the 
requirements described in paragraph (1). The 
President shall give due consideration to peti-
tions received under paragraph (3) in deter-
mining whether to initiate an out-of-cycle review 
under this subparagraph. 
‘‘(B) CONGRESSIONAL
NOTIFICATION.—Be-
fore initiating an out-of-cycle review under sub-
paragraph (A), the President shall notify and 
consult with Congress.
† HR 1295 EAS 
‘‘(C) CONSEQUENCES OF REVIEW.—If, pur-
suant to an out-of-cycle review conducted under 
subparagraph (A), the President determines that 
a beneficiary sub-Saharan African country does 
not meet the requirements set forth in section 
104(a) of the African Growth and Opportunity 
Act (19 U.S.C. 3703(a)), the President shall, sub-
ject to the requirements of subsections (a)(3)(B) 
and (c)(2), terminate the designation of the 
country as a beneficiary sub-Saharan African 
country or withdraw, suspend, or limit the ap-
plication of duty-free treatment with respect to 
articles from the country. 
‘‘(D) REPORTS.—After each out-of-cycle re-
view conducted under subparagraph (A) with re-
spect to a country, the President shall submit to 
the Committee on Finance of the Senate and the 
Committee on Ways and Means of the House of 
Representatives a report on the review and any 
determination of the President to terminate the 
designation of the country as a beneficiary sub- 
Saharan African country or withdraw, suspend, 
or limit the application of duty-free treatment 
with respect to articles from the country under 
subparagraph (C).
† HR 1295 EAS 
‘‘(E) INITIATION OF OUT-OF-CYCLE REVIEWS 
FOR
CERTAIN
COUNTRIES.—Recognizing that 
concerns have been raised about the compliance 
with section 104(a) of the African Growth and 
Opportunity Act (19 U.S.C. 3703(a)) of some 
beneficiary sub-Saharan African countries, the 
President shall initiate an out-of-cycle review 
under subparagraph (A) with respect to South 
Africa, the most developed of the beneficiary sub- 
Saharan African countries, and other beneficiary 
countries as appropriate, not later than 30 days 
after the date of the enactment of this sub-
section.’’. 
SEC. 106. PROMOTION OF THE ROLE OF WOMEN IN SOCIAL 
AND ECONOMIC DEVELOPMENT IN SUB-SAHA-
RAN AFRICA. 
(a) STATEMENT OF POLICY.—Section 103 of the Afri-
can Growth and Opportunity Act (19 U.S.C. 3702) is 
amended— 
(1) in paragraph (8), by striking ‘‘; and’’ and 
inserting a semicolon; 
(2) in paragraph (9), by striking the period and 
inserting ‘‘; and’’; and 
(3) by adding at the end the following:
† HR 1295 EAS 
‘‘(10) promoting the role of women in social, po-
litical, and economic development in sub-Saharan Af-
rica.’’. 
(b) 
ELIGIBILITY
REQUIREMENTS.—Section 
104(a)(1)(A) of the African Growth and Opportunity Act 
(19 U.S.C. 3703(a)(1)(A)) is amended by inserting ‘‘for 
men and women’’ after ‘‘rights’’. 
SEC. 107. BIENNIAL AGOA UTILIZATION STRATEGIES. 
(a) IN GENERAL.—It is the sense of Congress that— 
(1) beneficiary sub-Saharan African countries 
should develop utilization strategies on a biennial 
basis in order to more effectively and strategically 
utilize benefits available under the African Growth 
and Opportunity Act (in this section referred to as 
‘‘AGOA utilization strategies’’); 
(2) United States trade capacity building agen-
cies should work with, and provide appropriate re-
sources to, such sub-Saharan African countries to as-
sist in developing and implementing biennial AGOA 
utilization strategies; and 
(3) as appropriate, and to encourage greater re-
gional integration, the United States Trade Rep-
resentative should consider requesting the Regional 
Economic Communities to prepare biennial AGOA 
utilization strategies.
† HR 1295 EAS 
(b) CONTENTS.—It is further the sense of Congress that 
biennial AGOA utilization strategies should identify stra-
tegic needs and priorities to bolster utilization of benefits 
available under the African Growth and Opportunity Act. 
To that end, biennial AGOA utilization strategies should— 
(1) review potential exports under the African 
Growth and Opportunity Act and identify opportuni-
ties and obstacles to increased trade and investment 
and enhanced poverty reduction efforts; 
(2) identify obstacles to regional integration that 
inhibit utilization of benefits under the African 
Growth and Opportunity Act; 
(3) set out a plan to take advantage of opportu-
nities and address obstacles identified in paragraphs 
(1) and (2), improve awareness of the African Growth 
and Opportunity Act as a program that enhances ex-
ports to the United States, and utilize United States 
Agency for International Development regional trade 
hubs; 
(4) set out a strategy to promote small business 
and entrepreneurship; and 
(5) eliminate obstacles to regional trade and pro-
mote greater utilization of benefits under the African 
Growth and Opportunity Act and establish a plan to 
promote full regional implementation of the Agree-
† HR 1295 EAS 
ment on Trade Facilitation of the World Trade Orga-
nization. 
(c) PUBLICATION.—It is further the sense of Congress 
that— 
(1) each beneficiary sub-Saharan African coun-
try should publish on an appropriate Internet website 
of such country public versions of its AGOA utiliza-
tion strategy; and 
(2) the United States Trade Representative 
should publish on the Internet website of the Office of 
the United States Trade Representative public 
versions of all AGOA utilization strategies described 
in paragraph (1). 
SEC. 108. DEEPENING AND EXPANDING TRADE AND INVEST-
MENT TIES BETWEEN SUB-SAHARAN AFRICA 
AND THE UNITED STATES. 
It is the policy of the United States to continue to— 
(1) seek to deepen and expand trade and invest-
ment ties between sub-Saharan Africa and the United 
States, including through the negotiation of accession 
by sub-Saharan African countries to the World Trade 
Organization and the negotiation of trade and invest-
ment framework agreements, bilateral investment 
treaties, and free trade agreements, as such agree-
ments have the potential to catalyze greater trade and
† HR 1295 EAS 
investment, facilitate additional investment in sub- 
Saharan Africa, further poverty reduction efforts, and 
promote economic growth; 
(2) seek to negotiate agreements with individual 
sub-Saharan African countries as well as with the 
Regional Economic Communities, as appropriate; 
(3) promote full implementation of commitments 
made under the WTO Agreement (as such term is de-
fined in section 2(9) of the Uruguay Round Agree-
ments Act (19 U.S.C. 3501(9)) because such actions 
are likely to improve utilization of the African 
Growth and Opportunity Act and promote trade and 
investment and because regular review to ensure con-
tinued compliance helps to maximize the benefits of 
the African Growth and Opportunity Act; and 
(4) promote the negotiation of trade agreements 
that cover substantially all trade between parties to 
such agreements and, if other countries seek to nego-
tiate trade agreements that do not cover substantially 
all trade, continue to object in all appropriate fo-
rums. 
SEC. 109. AGRICULTURAL TECHNICAL ASSISTANCE FOR 
SUB-SAHARAN AFRICA. 
Section 13 of the AGOA Acceleration Act of 2004 (19 
U.S.C. 3701 note) is amended—
† HR 1295 EAS 
(1) in subsection (a)— 
(A) by striking ‘‘shall identify not fewer 
than 10 eligible sub-Saharan African countries 
as having the greatest’’ and inserting ‘‘, through 
the Secretary of Agriculture, shall identify eligi-
ble sub-Saharan African countries that have’’; 
and 
(B) by striking ‘‘and complying with sani-
tary and phytosanitary rules of the United 
States’’ and inserting ‘‘, complying with sani-
tary and phytosanitary rules of the United 
States, and developing food safety standards’’; 
(2) in subsection (b)— 
(A) by striking ‘‘20’’ and inserting ‘‘30’’; 
and 
(B) by inserting after ‘‘from those coun-
tries’’ the following: ‘‘, particularly from busi-
nesses and sectors that engage women farmers 
and entrepreneurs,’’; and 
(3) by adding at the end the following: 
‘‘(c) COORDINATION.—The President shall take such 
measures as are necessary to ensure adequate coordination 
of similar activities of agencies of the United States Govern-
ment relating to agricultural technical assistance for sub- 
Saharan Africa.’’.
† HR 1295 EAS 
SEC. 110. REPORTS. 
(a) IMPLEMENTATION REPORT.— 
(1) IN GENERAL.—Not later than 1 year after 
the date of the enactment of this Act, and biennially 
thereafter, the President shall submit to Congress a re-
port on the trade and investment relationship between 
the United States and sub-Saharan African countries 
and on the implementation of this title and the 
amendments made by this title. 
(2) MATTERS TO BE INCLUDED.—The report re-
quired by paragraph (1) shall include the following: 
(A) A description of the status of trade and 
investment between the United States and sub- 
Saharan Africa, including information on lead-
ing exports to the United States from sub-Saha-
ran African countries. 
(B) Any changes in eligibility of sub-Saha-
ran African countries during the period covered 
by the report. 
(C) A detailed analysis of whether each such 
beneficiary sub-Saharan African country is con-
tinuing to meet the eligibility requirements set 
forth in section 104 of the African Growth and 
Opportunity Act and the eligibility criteria set 
forth in section 502 of the Trade Act of 1974.
† HR 1295 EAS 
(D) A description of the status of regional 
integration efforts in sub-Saharan Africa. 
(E) A summary of United States trade ca-
pacity building efforts. 
(F) Any other initiatives related to enhanc-
ing the trade and investment relationship be-
tween the United States and sub-Saharan Afri-
can countries. 
(b) POTENTIAL TRADE AGREEMENTS REPORT.—Not 
later than 1 year after the date of the enactment of this 
Act, and every 5 years thereafter, the United States Trade 
Representative shall submit to Congress a report that— 
(1) identifies sub-Saharan African countries that 
have a expressed an interest in entering into a free 
trade agreement with the United States; 
(2) evaluates the viability and progress of such 
sub-Saharan African countries and other sub-Saha-
ran African countries toward entering into a free 
trade agreement with the United States; and 
(3) describes a plan for negotiating and con-
cluding such agreements, which includes the elements 
described in subparagraphs (A) through (E) of section 
116(b)(2) of the African Growth and Opportunity 
Act.
† HR 1295 EAS 
(c) TERMINATION.—The reporting requirements of this 
section shall cease to have any force or effect after September 
30, 2025. 
SEC. 111. TECHNICAL AMENDMENTS. 
Section 104 of the African Growth and Opportunity 
Act (19 U.S.C. 3703), as amended by section 106, is further 
amended— 
(1) in subsection (a), by striking ‘‘(a) IN GEN-
ERAL.—’’; and 
(2) by striking subsection (b). 
SEC. 112. DEFINITIONS. 
In this title: 
(1) BENEFICIARY SUB-SAHARAN AFRICAN COUN-
TRY.—The term ‘‘beneficiary sub-Saharan African 
country’’ means a beneficiary sub-Saharan African 
country described in subsection (e) of section 506A of 
the Trade Act of 1974 (as redesignated by this Act). 
(2) SUB-SAHARAN AFRICAN COUNTRY.—The term 
‘‘sub-Saharan African country’’ has the meaning 
given the term in section 107 of the African Growth 
and Opportunity Act.
† HR 1295 EAS 
TITLE II—EXTENSION OF GENER-
ALIZED 
SYSTEM 
OF 
PREF-
ERENCES 
SEC. 201. EXTENSION OF GENERALIZED SYSTEM OF PREF-
ERENCES. 
(a) IN GENERAL.—Section 505 of the Trade Act of 
1974 (19 U.S.C. 2465) is amended by striking ‘‘July 31, 
2013’’ and inserting ‘‘December 31, 2017’’. 
(b) EFFECTIVE DATE.— 
(1) IN GENERAL.—The amendment made by sub-
section (a) shall apply to articles entered on or after 
the 30th day after the date of the enactment of this 
Act. 
(2) RETROACTIVE
APPLICATION
FOR
CERTAIN 
LIQUIDATIONS AND RELIQUIDATIONS.— 
(A) IN GENERAL.—Notwithstanding section 
514 of the Tariff Act of 1930 (19 U.S.C. 1514) 
or any other provision of law and subject to sub-
paragraph (B), any entry of a covered article to 
which duty-free treatment or other preferential 
treatment under title V of the Trade Act of 1974 
(19 U.S.C. 2461 et seq.) would have applied if 
the entry had been made on July 31, 2013, that 
was made— 
(i) after July 31, 2013, and
† HR 1295 EAS 
(ii) before the effective date specified in 
paragraph (1), 
shall be liquidated or reliquidated as though such 
entry occurred on the effective date specified in 
paragraph (1). 
(B) REQUESTS.—A liquidation or reliqui-
dation may be made under subparagraph (A) 
with respect to an entry only if a request therefor 
is filed with U.S. Customs and Border Protec-
tion not later than 180 days after the date of the 
enactment of this Act that contains sufficient in-
formation to enable U.S. Customs and Border 
Protection— 
(i) to locate the entry; or 
(ii) to reconstruct the entry if it can-
not be located. 
(C) PAYMENT
OF
AMOUNTS
OWED.—Any 
amounts owed by the United States pursuant to 
the liquidation or reliquidation of an entry of a 
covered article under subparagraph (A) shall be 
paid, without interest, not later than 90 days 
after the date of the liquidation or reliquidation 
(as the case may be). 
(3) DEFINITIONS.—In this subsection:
† HR 1295 EAS 
(A) COVERED ARTICLE.—The term ‘‘covered 
article’’ means an article from a country that is 
a beneficiary developing country under title V of 
the Trade Act of 1974 (19 U.S.C. 2461 et seq.) 
as of the effective date specified in paragraph 
(1). 
(B) ENTER; ENTRY.—The terms ‘‘enter’’ 
and ‘‘entry’’ include a withdrawal from ware-
house for consumption. 
SEC. 202. AUTHORITY TO DESIGNATE CERTAIN COTTON AR-
TICLES AS ELIGIBLE ARTICLES ONLY FOR 
LEAST-DEVELOPED 
BENEFICIARY 
DEVEL-
OPING 
COUNTRIES 
UNDER 
GENERALIZED 
SYSTEM OF PREFERENCES. 
Section 503(b) of the Trade Act of 1974 (19 U.S.C. 
2463(b)) is amended by adding at the end the following: 
‘‘(5) CERTAIN
COTTON
ARTICLES.—Notwith-
standing paragraph (3), the President may designate 
as an eligible article or articles under subsection 
(a)(1)(B) only for countries designated as least-devel-
oped beneficiary developing countries under section 
502(a)(2) cotton articles classifiable under subheading 
5201.00.18, 5201.00.28, 5201.00.38, 5202.99.30, or 
5203.00.30 of the Harmonized Tariff Schedule of the 
United States.’’.
† HR 1295 EAS 
SEC. 203. APPLICATION OF COMPETITIVE NEED LIMITATION 
AND WAIVER UNDER GENERALIZED SYSTEM 
OF PREFERENCES WITH RESPECT TO ARTI-
CLES OF BENEFICIARY DEVELOPING COUN-
TRIES EXPORTED TO THE UNITED STATES 
DURING CALENDAR YEAR 2014. 
(a) IN GENERAL.—For purposes of applying and ad-
ministering subsections (c)(2) and (d) of section 503 of the 
Trade Act of 1974 (19 U.S.C. 2463) with respect to an arti-
cle described in subsection (b) of this section, subsections 
(c)(2) and (d) of section 503 of such Act shall be applied 
and administered by substituting ‘‘October 1’’ for ‘‘July 1’’ 
each place such date appears. 
(b) ARTICLE DESCRIBED.—An article described in this 
subsection is an article of a beneficiary developing country 
that is designated by the President as an eligible article 
under subsection (a) of section 503 of the Trade Act of 1974 
(19 U.S.C. 2463) and with respect to which a determination 
described in subsection (c)(2)(A) of such section was made 
with respect to exports (directly or indirectly) to the United 
States of such eligible article during calendar year 2014 
by the beneficiary developing country. 
SEC. 204. TRAVEL GOODS. 
Section 503(b)(1)(E) of the Trade Act of 1974 (19 
U.S.C. 2463(b)(1)(E)) is amended by striking ‘‘handbags, 
luggage, flat goods,’’.
† HR 1295 EAS 
TITLE III—EXTENSION OF PREF-
ERENTIAL DUTY TREATMENT 
PROGRAM FOR HAITI 
SEC. 301. EXTENSION OF PREFERENTIAL DUTY TREATMENT 
PROGRAM FOR HAITI. 
Section 213A of the Caribbean Basin Economic Recov-
ery Act (19 U.S.C. 2703a) is amended as follows: 
(1) Subsection (b) is amended as follows: 
(A) Paragraph (1) is amended— 
(i) in subparagraph (B)(v)(I), by 
amending item (cc) to read as follows: 
‘‘(cc) 60 percent or more dur-
ing the 1-year period beginning 
on December 20, 2017, and each 
of the 7 succeeding 1-year peri-
ods.’’; and 
(ii) in subparagraph (C)— 
(I) in the table, by striking ‘‘suc-
ceeding 11 1-year periods’’ and insert-
ing ‘‘16 succeeding 1-year periods’’; 
and 
(II) by striking ‘‘December 19, 
2018’’ and inserting ‘‘December 19, 
2025’’. 
(B) Paragraph (2) is amended—
† HR 1295 EAS 
(i) in subparagraph (A)(ii), by strik-
ing ‘‘11 succeeding 1-year periods’’ and in-
serting ‘‘16 succeeding 1-year periods’’; and 
(ii) in subparagraph (B)(iii), by strik-
ing ‘‘11 succeeding 1-year periods’’ and in-
serting ‘‘16 succeeding 1-year periods’’. 
(2) Subsection (h) is amended by striking ‘‘Sep-
tember 30, 2020’’ and inserting ‘‘September 30, 
2025’’. 
TITLE IV—TARIFF CLASSIFICA-
TION OF CERTAIN ARTICLES 
SEC. 401. TARIFF CLASSIFICATION OF RECREATIONAL PER-
FORMANCE OUTERWEAR. 
(a) AMENDMENTS TO ADDITIONAL U.S. NOTES.—The 
Additional U.S. Notes to chapter 62 of the Harmonized 
Tariff Schedule of the United States are amended— 
(1) in Additional U.S. Note 2— 
(A) by striking ‘‘For the purposes of sub-
headings’’ 
and 
all 
that 
follows 
through 
‘‘6211.20.15’’ and inserting ‘‘For purposes of this 
chapter’’; 
(B) by striking ‘‘garments classifiable in 
those subheadings’’ and inserting ‘‘a garment’’; 
and
† HR 1295 EAS 
(C) by striking ‘‘D 3600-81’’ and inserting 
‘‘D 3779–81’’; and 
(2) by adding at the end the following new notes: 
‘‘3. (a) For purposes of this chapter, the term ‘rec-
reational performance outerwear’ means trousers (includ-
ing, but not limited to, paddling pants, ski or snowboard 
pants, and ski or snowboard pants intended for sale as 
parts of ski-suits), coveralls and bib overalls, and jackets 
(including, but not limited to, full zip jackets, paddling 
jackets, ski jackets, and ski jackets intended for sale as parts 
of ski-suits), windbreakers, and similar articles (including 
padded, sleeveless jackets) composed of fabrics of cotton, 
wool, hemp, bamboo, silk, or manmade fiber, or a combina-
tion of such fibers, that are either water resistant or treated 
with plastics, or both, with critically sealed seams, and with 
5 or more of the following features: 
‘‘(i) Insulation for cold weather protection. 
‘‘(ii) Pockets, at least one of which has a 
zippered, hook and loop, or other type of closure. 
‘‘(iii) Elastic, drawcord, or other means of tight-
ening around the waist or leg hems, including hidden 
leg sleeves with a means of tightening at the ankle for 
trousers and tightening around the waist or bottom 
hem for jackets. 
‘‘(iv) Venting, not including grommet(s).
† HR 1295 EAS 
‘‘(v) Articulated elbows or knees. 
‘‘(vi) Reinforcement in one of the following 
areas: the elbows, shoulders, seat, knees, ankles, or 
cuffs. 
‘‘(vii) Weatherproof closure at the waist or front. 
‘‘(viii) Multi-adjustable hood or adjustable collar. 
‘‘(ix) Adjustable powder skirt, inner protective 
skirt, or adjustable inner protective cuff at sleeve hem. 
‘‘(x) Construction at the arm gusset that utilizes 
fabric, design, or patterning to allow radial arm 
movement. 
‘‘(xi) Odor control technology. 
The term ‘recreational performance outerwear’ does not in-
clude occupational outerwear. 
‘‘(b) For purposes of this Note, the following terms have 
the following meanings: 
‘‘(i) The term ‘treated with plastics’ refers to tex-
tile fabrics impregnated, coated, covered, or laminated 
with plastics, as described in Note 2 to chapter 59. 
‘‘(ii) The term ‘sealed seams’ means seams that 
have been covered by means of taping, gluing, bond-
ing, cementing, fusing, welding, or a similar process 
so that water cannot pass through the seams when 
tested in accordance with the current version of 
AATCC Test Method 35.
† HR 1295 EAS 
‘‘(iii) The term ‘critically sealed seams’ means— 
‘‘(A) for jackets, windbreakers, and similar 
articles (including padded, sleeveless jackets), 
sealed seams that are sealed at the front and 
back yokes, or at the shoulders, arm holes, or 
both, where applicable; and 
‘‘(B) for trousers, overalls and bib overalls 
and similar articles, sealed seams that are sealed 
at the front (up to the zipper or other means of 
closure) and back rise. 
‘‘(iv) The term ‘insulation for cold weather pro-
tection’ means insulation with either synthetic fill, 
down, a laminated thermal backing, or other lining 
for thermal protection from cold weather. 
‘‘(v) The term ‘venting’ refers to closeable or per-
manent constructed openings in a garment (excluding 
front, primary zipper closures and grommet(s)) to 
allow increased expulsion of built-up heat during out-
door activities. In a jacket, such openings are often 
positioned on the underarm seam of a garment but 
may also be placed along other seams in the front or 
back of a garment. In trousers, such openings are 
often positioned on the inner or outer leg seams of a 
garment but may also be placed along other seams in 
the front or back of a garment.
† HR 1295 EAS 
‘‘(vi) The term ‘articulated elbows or knees’ re-
fers to the construction of a sleeve (or pant leg) to 
allow improved mobility at the elbow (or knee) 
through the use of extra seams, darts, gussets, or other 
means. 
‘‘(vii) The term ‘reinforcement’ refers to the use 
of a double layer of fabric or section(s) of fabric that 
is abrasion-resistant or otherwise more durable than 
the face fabric of the garment. 
‘‘(viii) The term ‘weatherproof closure’ means a 
closure (including, but not limited to, laminated or 
coated zippers, storm flaps, or other weatherproof con-
struction) that has been reinforced or engineered in a 
manner to reduce the penetration or absorption of 
moisture or air through an opening in the garment. 
‘‘(ix) The term ‘multi-adjustable hood or adjust-
able collar’ means, in the case of a hood, a hood into 
which is incorporated two or more draw cords, ad-
justment tabs, or elastics, or, in the case of a collar, 
a collar into which is incorporated at least one draw 
cord, adjustment tab, elastic, or similar component, to 
allow volume adjustments around a helmet, or the 
crown of the head, neck, or face. 
‘‘(x) The terms ‘adjustable powder skirt’ and 
‘inner protective skirt’ refer to a partial lower inner
† HR 1295 EAS 
lining with means of tightening around the waist for 
additional protection from the elements. 
‘‘(xi) The term ‘arm gusset’ means construction 
at the arm of a gusset that utilizes an extra fabric 
piece in the underarm, usually diamond- or tri-
angular-shaped, designed, or patterned to allow ra-
dial arm movement. 
‘‘(xii) The term ‘radial arm movement’ refers to 
unrestricted, 180-degree range of motion for the arm 
while wearing performance outerwear. 
‘‘(xiii) The term ‘odor control technology’ means 
the incorporation into a fabric or garment of mate-
rials, including, but not limited to, activated carbon, 
silver, copper, or any combination thereof, capable of 
adsorbing, absorbing, or reacting with human odors, 
or effective in reducing the growth of odor-causing 
bacteria. 
‘‘(xiv) The term ‘occupational outerwear’ means 
outerwear garments, including uniforms, designed or 
marketed for use in the workplace or at a worksite to 
provide durable protection from cold or inclement 
weather and/or workplace hazards, such as fire, elec-
trical, abrasion, or chemical hazards, or impacts, 
cuts, punctures, or similar hazards.
† HR 1295 EAS 
‘‘(c) Notwithstanding subdivision (b)(i) of this Note, 
for purposes of this chapter, Notes 1 and 2(a)(1) to chapter 
59 and Note 1(c) to chapter 60 shall be disregarded in 
classifying goods as ‘recreational performance outerwear’. 
‘‘(d) For purposes of this chapter, the importer of 
record shall maintain internal import records that specify 
upon entry whether garments claimed as recreational per-
formance outerwear have an outer surface that is water re-
sistant, treated with plastics, or a combination thereof, and 
shall further enumerate the specific features that make the 
garments eligible to be classified as recreational perform-
ance outerwear.’’. 
(b) TARIFF CLASSIFICATIONS.—Chapter 62 of the 
Harmonized Tariff Schedule of the United States is amend-
ed as follows: 
(1) By striking subheading 6201.11.00 and in-
serting the following, with the article description for 
subheading 6201.11 having the same degree of inden-
tation as the article description for subheading 
6201.11.00 (as in effect on the day before the date of 
the enactment of this Act): 
‘‘ 
6201.11 
Of wool or fine animal hair: 
6201.11.05 
Recreational performance 
outerwear ..............................
41¢/kg + 
16.3% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, P, PA, 
PE, SG) 
8% (AU) 
16.4¢/kg + 
6.5% (OM) 
52.9¢/kg + 58.5%
† HR 1295 EAS 
6201.11.10 
Other ......................................
41¢/kg + 
16.3% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, P, PA, 
PE, SG) 
8% (AU) 
16.4¢/kg + 
6.5% (OM) 
52.9¢/kg + 58.5% 
’’. 
(2) By striking subheadings 6201.12.10 and 
6201.12.20 and inserting the following, with the arti-
cle description for subheading 6201.12.05 having the 
same degree of indentation as the article description 
for subheading 6201.12.10 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6201.12.05 
Recreational performance outerwear 
9.4% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
60% 
Other: 
6201.12.10 
Containing 15 percent or more by 
weight of down and waterfowl 
plumage and of which down com-
prises 35 percent or more by 
weight; containing 10 percent or 
more by weight of down ................
4.4% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
3.9% (AU) 
60% 
6201.12.20 
Other ...............................................
9.4% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
’’. 
(3) By striking subheadings 6201.13.10 through 
6201.13.40 and inserting the following, with the arti-
cle description for subheading 6201.13.05 having the 
same degree of indentation as the article description 
for subheading 6201.13.10 (as in effect on the day be-
fore the date of the enactment of this Act):
† HR 1295 EAS 
‘‘ 
6201.13.05 
Recreational performance out-
erwear ........................................
27.7% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
Other: 
6201.13.10 
Containing 15 percent or 
more by weight of down and 
waterfowl plumage and of 
which down comprises 35 
percent or more by weight; 
containing 10 percent or 
more by weight of down .......
4.4% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
3.9% (AU) 
60% 
Other: 
6201.13.30 
Containing 36 percent or 
more by weight of wool or 
fine animal hair ...............
49.7¢/kg + 
19.7% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
52.9¢/kg + 58.5% 
6201.13.40 
Other .................................
27.7% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
’’. 
(4) By striking subheadings 6201.19.10 and 
6201.19.90 and inserting the following, with the arti-
cle description for subheading 6201.19.05 having the 
same degree of indentation as the article description 
for subheading 6201.19.10 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6201.19.05 
Recreational performance outerwear 
2.8% 
Free (AU, BH, 
CA, CL, CO, 
E*, IL, JO, 
KR, MA, MX, 
OM, P, PA, 
PE, SG) 
35% 
Other: 
6201.19.10 
Containing 70 percent or more by 
weight of silk or silk waste ...........
Free 
35% 
6201.19.90 
Other ...............................................
2.8% 
Free (AU, BH, 
CA, CL, CO, 
E*, IL, JO, 
KR, MA, MX, 
OM, P, PA, 
PE, SG) 
35% 
’’.
† HR 1295 EAS 
(5) By striking subheadings 6201.91.10 and 
6201.91.20 and inserting the following, with the arti-
cle description for subheading 6201.91.05 having the 
same degree of indentation as the article description 
for subheading 6201.91.10 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6201.91.05 
Recreational performance out-
erwear ........................................
49.7¢/kg + 
19.7% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, P, PA, 
PE, SG) 
8% (AU) 
19.8¢/kg + 
7.8% (OM) 
58.5% 
Other: 
6201.91.10 
Padded, sleeveless jackets .....
8.5% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, P, PA, 
PE, SG) 
7.6% (AU) 
3.4% (OM) 
58.5% 
6201.91.20 
Other ......................................
49.7¢/kg + 
19.7% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, P, PA, 
PE, SG) 
8% (AU) 
19.8¢/kg + 
7.8% (OM) 
52.9¢/kg + 58.5% 
’’. 
(6) By striking subheadings 6201.92.10 through 
6201.92.20 and inserting the following, with the arti-
cle description for subheading 6201.92.05 having the 
same degree of indentation as the article description 
for subheading 6201.92.10 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6201.92.05 
Recreational performance outerwear 
9.4% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
Other:
† HR 1295 EAS 
6201.92.10 
Containing 15 percent or more by 
weight of down and waterfowl 
plumage and of which down com-
prises 35 percent or more by 
weight; containing 10 percent or 
more by weight of down ................
4.4% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
3.9% (AU) 
60% 
Other: 
6201.92.15 
Water resistant ..........................
6.2% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
5.5% (AU) 
37.5% 
6201.92.20 
Other ...........................................
9.4% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
’’. 
(7) By striking subheadings 6201.93.10 through 
6201.93.35 and inserting the following, with the arti-
cle description for subheading 6201.93.05 having the 
same degree of indentation as the article description 
for subheading 6201.93.10 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6201.93.05 
Recreational performance out-
erwear ........................................
27.7% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
Other: 
6201.93.10 
Containing 15 percent or 
more by weight of down and 
waterfowl plumage and of 
which down comprises 35 
percent or more by weight; 
containing 10 percent or 
more by weight of down .......
4.4% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
3.9% (AU) 
60% 
Other: 
6201.93.20 
Padded, sleeveless jackets
14.9% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
76% 
Other:
† HR 1295 EAS 
6201.93.25 
Containing 36 percent 
or more by weight of 
wool or fine animal 
hair ................................
49.5¢/kg + 
19.6% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
52.9¢/kg + 58.5% 
Other: 
6201.93.30 
Water resistant .........
7.1% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
6.3% (AU) 
65% 
6201.93.35 
Other .........................
27.7% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
’’. 
(8) By striking subheadings 6201.99.10 and 
6201.99.90 and inserting the following, with the arti-
cle description for subheading 6201.99.05 having the 
same degree of indentation as the article description 
for subheading 6201.99.10 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6201.99.05 
Recreational performance outerwear 
4.2% 
Free (BH, CA, 
CL, CO, E*, 
IL, JO, KR, 
MA, MX, OM, 
P, PA, PE, SG) 
3.7% (AU) 
35% 
Other: 
6201.99.10 
Containing 70 percent or more by 
weight of silk or silk waste ...........
Free 
35% 
6201.99.90 
Other ...............................................
4.2% 
Free (BH, CA, 
CL, CO, E*, 
IL, JO, KR, 
MA, MX, OM, 
P, PA, PE, SG) 
3.7% (AU) 
35% 
’’. 
(9) By striking subheading 6202.11.00 and in-
serting the following, with the article description for 
subheading 6202.11 having the same degree of inden-
tation as the article description for subheading
† HR 1295 EAS 
6202.11.00 (as in effect on the day before the date of 
the enactment of this Act): 
‘‘ 
6202.11 
Of wool or fine animal hair: 
6202.11.05 
Recreational performance 
outerwear ..............................
41¢/kg + 
16.3% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, P, PA, 
PE, SG) 
8% (AU) 
16.4¢/kg + 
6.5% (OM) 
46.3¢/kg + 58.5% 
6202.11.10 
Other ......................................
41¢/kg + 
16.3% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, P, PA, 
PE, SG) 
8% (AU) 
16.4¢/kg + 
6.5% (OM) 
46.3¢/kg + 58.5% 
’’. 
(10) By striking subheadings 6202.12.10 and 
6202.12.20 and inserting the following, with the arti-
cle description for subheading 6202.12.05 having the 
same degree of indentation as the article description 
for subheading 6202.12.10 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6202.12.05 
Recreational performance outerwear 
8.9% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
Other: 
6202.12.10 
Containing 15 percent or more by 
weight of down and waterfowl 
plumage and of which down com-
prises 35 percent or more by 
weight; containing 10 percent or 
more by weight of down ................
4.4% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
3.9% (AU) 
60% 
6202.12.20 
Other ...............................................
8.9% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
’’.
† HR 1295 EAS 
(11) By striking subheadings 6202.13.10 through 
6202.13.40 and inserting the following, with the arti-
cle description for subheading 6202.13.05 having the 
same degree of indentation as the article description 
for subheading 6202.13.10 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6202.13.05 
Recreational performance out-
erwear ........................................
27.7% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
Other: 
6202.13.10 
Containing 15 percent or 
more by weight of down and 
waterfowl plumage and of 
which down comprises 35 
percent or more by weight; 
containing 10 percent or 
more by weight of down .......
4.4% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
3.9% (AU) 
60% 
Other: 
6202.13.30 
Containing 36 percent or 
more by weight of wool or 
fine animal hair ...............
43.5¢/kg + 
19.7% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
46.3¢/kg + 58.5% 
6202.13.40 
Other .................................
27.7% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
’’. 
(12) By striking subheadings 6202.19.10 and 
6202.19.90 and inserting the following, with the arti-
cle description for subheading 6202.19.05 having the 
same degree of indentation as the article description 
for subheading 6202.19.10 (as in effect on the day be-
fore the date of the enactment of this Act):
† HR 1295 EAS 
‘‘ 
6202.19.05 
Recreational performance outerwear 
2.8% 
Free (AU, BH, 
CA, CL, CO, 
E*, IL, JO, 
KR, MA, MX, 
OM, P, PA, 
PE, SG) 
35% 
Other: 
6202.19.10 
Containing 70 percent or more by 
weight or silk or silk waste ...........
Free 
35% 
6202.19.90 
Other ...............................................
2.8% 
Free (AU, BH, 
CA, CL, CO, 
E*, IL, JO, 
KR, MA, MX, 
OM, P, PA, 
PE, SG) 
35% 
’’. 
(13) By striking subheadings 6202.91.10 and 
6202.91.20 and inserting the following, with the arti-
cle description for subheading 6202.91.05 having the 
same degree of indentation as the article description 
for subheading 6202.91.10 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6202.91.05 
Recreational performance out-
erwear ........................................
36¢/kg + 
16.3% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, P, PA, 
PE, SG) 
8% (AU) 
14.4¢/kg + 
6.5% (OM) 
58.5% 
Other: 
6202.91.10 
Padded, sleeveless jackets .....
14% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, P, PA, 
PE, SG) 
8% (AU) 
5.6% (OM) 
58.5% 
6202.91.20 
Other ......................................
36¢/kg + 
16.3% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, P, PA, 
PE, SG) 
8% (AU) 
14.4¢/kg + 
6.5% (OM) 
46.3¢/kg + 58.5% 
’’. 
(14) By striking subheadings 6202.92.10 through 
6202.92.20 and inserting the following, with the arti-
cle description for subheading 6202.92.05 having the 
same degree of indentation as the article description
† HR 1295 EAS 
for subheading 6202.92.10 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6202.92.05 
Recreational performance outerwear 
8.9% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
Other: 
6202.92.10 
Containing 15 percent or more by 
weight of down and waterfowl 
plumage and of which down com-
prises 35 percent or more by 
weight; containing 10 percent or 
more by weight of down ................
4.4% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
3.9% (AU) 
60% 
Other: 
6202.92.15 
Water resistant ..........................
6.2% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
5.5% (AU) 
37.5% 
6202.92.20 
Other ...........................................
8.9% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
’’. 
(15) By striking subheadings 6202.93.10 through 
6202.93.50 and inserting the following, with the arti-
cle description for subheading 6202.93.05 having the 
same degree of indentation as the article description 
for subheading 6202.93.10 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6202.93.05 
Recreational performance out-
erwear ........................................
27.7% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
Other:
† HR 1295 EAS 
6202.93.10 
Containing 15 percent or 
more by weight of down and 
waterfowl plumage and of 
which down comprises 35 
percent or more by weight; 
containing 10 percent or 
more by weight of down .......
4.4% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
3.9% (AU) 
60% 
Other: 
6202.93.20 
Padded, sleeveless jackets
14.9% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
76% 
Other: 
6202.93.40 
Containing 36 percent 
or more by weight of 
wool or fine animal 
hair ................................
43.4¢/kg + 
19.7% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
46.3¢/kg + 58.5% 
Other: 
6202.93.45 
Water resistant .........
7.1% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
6.3% (AU) 
65% 
6202.93.50 
Other .........................
27.7% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
’’. 
(16) By striking subheadings 6202.99.10 and 
6202.99.90 and inserting the following, with the arti-
cle description for subheading 6202.99.05 having the 
same degree of indentation as the article description 
for subheading 6202.99.10 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6202.99.05 
Recreational performance outerwear 
2.8% 
Free (AU, BH, 
CA, CL, CO, 
E*, IL, JO, 
KR, MA, MX, 
OM, P, PA, 
PE, SG) 
35% 
Other: 
6202.99.10 
Containing 70 percent or more by 
weight of silk or silk waste ...........
Free 
35%
† HR 1295 EAS 
6203.49.10 
Bib and brace overalls ..........
8.5% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
7.6% (AU) 
76% 
Trousers, breeches and shorts: 
6203.49.15 
Certified hand-loomed and 
folklore products ................
12.2% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
76% 
6203.49.20 
Other ..................................
27.9% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
6203.49.40 
Containing 70 percent or more 
by weight of silk or silk waste ..
Free 
35% 
6203.49.80 
Other ...........................................
2.8% 
Free (AU, BH, 
CA, CL, CO, 
E*, IL, JO, 
MA, MX, OM, 
P, PA, PE, SG) 
1.1% (KR) 
35% 
’’. 
(21) By striking subheadings 6204.61.10 and 
6204.61.90 and inserting the following, with the arti-
cle description for subheading 6204.61.05 having the 
same degree of indentation as the article description 
for subheading 6204.61.10 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6204.61.05 
Recreational performance outerwear 
13.6% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, P, PA, 
PE, SG) 
5.4% (OM) 
8% (AU) 
58.5% 
Other: 
6204.61.10 
Trousers and breeches, containing 
elastomeric fiber, water resistant, 
without belt loops, weighing more 
than 6 kg per dozen .......................
7.6% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, P, PA, 
PE, SG) 
3% (OM) 
6.8% (AU) 
58.5% 
6204.61.90 
Other ...............................................
13.6% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, P, PA, 
PE, SG) 
5.4% (OM) 
8% (AU) 
58.5% 
’’.
† HR 1295 EAS 
(22) By striking subheadings 6204.62.10 through 
6204.62.40 and inserting the following, with the arti-
cle description for subheading 6204.62.05 having the 
same degree of indentation as the article description 
for subheading 6204.62.10 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6204.62.05 
Recreational performance outerwear 
16.6% 
Free (BH, CA, 
CL, CO, IL, 
JO, MA, MX, 
OM, P, PA, 
PE, SG) 
8% (AU) 
11.6% (KR) 
90% 
Other: 
6204.62.10 
Containing 15 percent or more by 
weight of down and waterfowl 
plumage and of which down com-
prises 35 percent or more by 
weight; containing 10 percent or 
more by weight of down ................
Free 
60% 
Other: 
6204.62.20 
Bib and brace overalls ..............
8.9% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
Other: 
6204.62.30 
Certified hand-loomed and 
folklore products ....................
7.1% 
Free (BH, CA, 
CL, CO, E, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
6.3% (AU) 
37.5% 
6204.62.40 
Other .......................................
16.6% 
Free (BH, CA, 
CL, CO, IL, 
JO, MA, MX, 
OM, P, PA, 
PE, SG) 
8% (AU) 
11.6% (KR) 
90% 
’’. 
(23) By striking subheadings 6204.63.10 through 
6204.63.35 and inserting the following, with the arti-
cle description for subheading 6204.63.05 having the 
same degree of indentation as the article description 
for subheading 6204.63.10 (as in effect on the day be-
fore the date of the enactment of this Act):
† HR 1295 EAS 
‘‘ 
6204.63.05 
Recreational performance outerwear 
28.6% 
Free (BH, CA, 
CL, CO, IL, 
JO, MA, MX, 
OM, P, PA, 
PE, SG) 
8% (AU) 
11.4% (KR) 
90% 
Other: 
6204.63.10 
Containing 15 percent or more by 
weight of down and waterfowl 
plumage and of which down com-
prises 35 percent or more by 
weight; containing 10 percent or 
more by weight of down ................
Free 
60% 
Other: 
Bib and brace overalls: 
6204.63.12 
Water resistant ......................
7.1% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
6.3% (AU) 
65% 
6204.63.15 
Other .......................................
14.9% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
76% 
6204.63.20 
Certified hand-loomed and folk-
lore products ..............................
11.3% 
Free (BH, CA, 
CL, CO, E, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
76% 
Other: 
6204.63.25 
Containing 36 percent or 
more by weight of wool or 
fine animal hair ....................
13.6% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
58.5% 
Other: 
6204.63.30 
Water resistant trousers or 
breeches ...............................
7.1% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
6.3% (AU) 
65% 
6204.63.35 
Other ..................................
28.6% 
Free (BH, CA, 
CL, CO, IL, 
JO, MA, MX, 
OM, P, PA, 
PE, SG) 
8% (AU) 
11.4% (KR) 
90% 
’’. 
(24) By striking subheadings 6204.69 through 
6204.69.90 and inserting the following, with the arti-
cle description for subheading 6204.69 having the 
same degree of indentation as the article description
† HR 1295 EAS 
for subheading 6204.69 (as in effect on the day before 
the date of the enactment of this Act): 
‘‘ 
6204.69 
Of other textile materials: 
6204.69.05 
Recreational performance outer-
wear ................................................
2.8% 
Free (AU, BH, 
CA, CL, CO, 
E*, IL, JO, 
KR, MA, MX, 
OM, P, PA, 
PE, SG) 
35% 
Other: 
Of artificial fibers: 
6204.69.10 
Bib and brace overalls ..........
13.6% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
76% 
Trousers, breeches and shorts: 
6204.69.20 
Containing 36 percent or 
more by weight of wool or 
fine animal hair ................
13.6% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
58.5% 
6204.69.25 
Other ..................................
28.6% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
8% (AU) 
90% 
Of silk or silk waste: 
6204.69.40 
Containing 70 percent or 
more by weight of silk or silk 
waste .......................................
1.1% 
Free (AU, BH, 
CA, CL, CO, E, 
IL, J, JO, KR, 
MA, MX, OM, 
P, PA, PE, SG) 
65% 
6204.69.60 
Other .......................................
7.1% 
Free (BH, CA, 
CL, CO, E*, 
IL, JO, KR, 
MA, MX, OM, 
P, PA, PE, SG) 
6.3% (AU) 
65% 
6204.69.90 
Other ...........................................
2.8% 
Free (AU, BH, 
CA, CL, CO, 
E*, IL, JO, 
KR, MA, MX, 
OM, P, PA, 
PE, SG) 
35% 
’’. 
(25) By striking subheadings 6210.40.30 and 
6210.40.50 and inserting the following, with the arti-
cle description for subheading 6210.40.05 having the 
same degree of indentation as the article description
† HR 1295 EAS 
for subheading 6210.40.30 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6210.40.05 
Recreational performance outerwear 
7.1% 
Free (AU, BH, 
CA, CL, IL, 
JO, KR, MA, 
MX, OM, P, 
PE, SG) 
65% 
Other: 
6210.40.30 
Having an outer surface impreg-
nated, coated, covered or lami-
nated with rubber or plastics ma-
terial which completely obscures 
the underlying fabric .....................
3.8% 
Free (AU, BH, 
CA, CL, IL, 
JO, KR, MA, 
MX, OM, P, 
PE, SG) 
65% 
6210.40.50 
Other ...............................................
7.1% 
Free (AU, BH, 
CA, CL, IL, 
JO, KR, MA, 
MX, OM, P, 
PE, SG) 
65% 
’’. 
(26) By striking subheadings 6210.50.30 and 
6210.50.50 and inserting the following, with the arti-
cle description for subheading 6210.50.05 having the 
same degree of indentation as the article description 
for subheading 6210.50.30 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6210.50.05 
Recreational performance outerwear 
7.1% 
Free (AU, BH, 
CA, CL, CO, 
IL, JO, KR, 
MA, MX, OM, 
P, PE, SG) 
65% 
Other: 
6210.50.30 
Having an outer surface impreg- 
nated, coated, covered or lami-
nated with rubber or plastics ma-
terial which completely obscures 
the underlying fabric .....................
3.8% 
Free (AU, BH, 
CA, CL, CO, 
IL, JO, KR, 
MA, MX, OM, 
P, PE, SG) 
65% 
6210.50.50 
Other ...............................................
7.1% 
Free (AU, BH, 
CA, CL, CO, 
IL, JO, KR, 
MA, MX, OM, 
P, PE, SG) 
65% 
’’. 
(27) By striking subheading 6211.32.00 and in-
serting the following, with the article description for
† HR 1295 EAS 
subheading 6211.32 having the same degree of inden-
tation as the article description for subheading 
6211.32.00 (as in effect on the day before the date of 
the enactment of this Act): 
‘‘ 
6211.32 
Of cotton: 
6211.32.05 
Recreational performance outer-
wear ................................................
8.1% 
Free (AU, BH, 
CA, CL, CO, 
IL, JO, KR, 
MA, MX, OM, 
P, PA, PE, SG) 
90% 
6211.32.10 
Other ...............................................
8.1% 
Free (AU, BH, 
CA, CL, CO, 
IL, JO, KR, 
MA, MX, OM, 
P, PA, PE, SG) 
90% 
’’. 
(28) By striking subheading 6211.33.00 and in-
serting the following, with the article description for 
subheading 6211.33 having the same degree of inden-
tation as the article description for subheading 
6211.33.00 (as in effect on the day before the date of 
the enactment of this Act): 
‘‘ 
6211.33 
Of man-made fibers: 
6211.33.05 
Recreational performance outer-
wear ................................................
16% 
Free (AU, BH, 
CA, CL, CO, 
IL, JO, KR, 
MA, MX, P, 
PA, PE, SG) 
6.4% (OM) 
76% 
6211.33.10 
Other ...............................................
16% 
Free (AU, BH, 
CA, CL, CO, 
IL, JO, KR, 
MA, MX, P, 
PA, PE, SG) 
6.4% (OM) 
76% 
’’. 
(29) By striking subheadings 6211.39.05 through 
6211.39.90 and inserting the following, with the arti-
cle description for subheading 6211.39.05 having the 
same degree of indentation as the article description
† HR 1295 EAS 
for subheading 6211.39.05 (as in effect on the day be-
fore the date of the enactment of this Act): 
‘‘ 
6211.39.05 
Recreational performance outerwear 
2.8% 
Free (AU, BH, 
CA, CL, CO, 
E*, IL, JO, 
KR, MA, MX, 
OM, P, PA, 
PE, SG) 
35% 
Other: ..................................................
6211.39.10 
Of wool or fine animal hair .........
12% 
Free (AU, BH, 
CA, CL, CO, 
IL, JO, KR, 
MA, MX, P, 
PA, PE, SG) 
4.8% (OM) 
58.5% 
6211.39.20 
Containing 70 percent or more by 
weight of silk or silk waste ...........
0.5% 
Free (AU, BH, 
CA, CL, CO, E, 
IL, JO, KR, 
MA, MX, OM, 
P, PA, PE, SG) 
35% 
6211.39.90 
Other ...............................................
2.8% 
Free (AU, BH, 
CA, CL, CO, 
E*, IL, JO, 
KR, MA, MX, 
OM, P, PA, 
PE, SG) 
35% 
’’. 
(30) By striking subheading 6211.42.00 and in-
serting the following, with the article description for 
subheading 6211.42 having the same degree of inden-
tation as the article description for subheading 
6211.42.00 (as in effect on the day before the date of 
the enactment of this Act): 
‘‘ 
6211.42 
Of cotton: 
6211.42.05 
Recreational performance outer-
wear ................................................
8.1% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
7.2% (AU) 
90% 
6211.42.10 
Other ...............................................
8.1% 
Free (BH, CA, 
CL, CO, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
7.2% (AU) 
90% 
’’. 
(31) By striking subheading 6211.43.00 and in-
serting the following, with the article description for
† HR 1295 EAS 
6211.49.90 
Other ...............................................
7.3% 
Free (BH, CA, 
CL, CO, E, IL, 
JO, MA, MX, 
OM, P, PA, 
PE, SG) 
6.5% (AU) 
2.9% (KR) 
35% 
’’. 
SEC. 402. DUTY TREATMENT OF SPECIALIZED ATHLETIC 
FOOTWEAR. 
(a) DEFINITION OF SPECIALIZED ATHLETIC FOOT-
WEAR.—The Additional U.S. Notes to chapter 64 of the 
Harmonized Tariff Schedule of the United States are 
amended by adding at the end the following: 
‘‘6. For the purposes of this chapter, the term ‘special-
ized athletic footwear’ includes footwear (other than foot-
wear described in Subheading Note 1 or Additional U.S. 
Note 2) that is designed to be worn chiefly for sports or 
athletic purposes, hiking shoes, trekking shoes, and trail 
running shoes, the foregoing valued over $24/pair and 
which provides protection against water that is imparted 
by the use of a coated or laminated textile fabric.’’. 
(b) DUTY TREATMENT FOR SPECIALIZED ATHLETIC 
FOOTWEAR.—Chapter 64 of the Harmonized Tariff Sched-
ule of the United States is amended as follows: 
(1) By inserting after subheading 6402.91.40 the 
following new subheading, with the article description 
for subheading 6402.91.42 having the same degree of 
indentation as the article description for subheading 
6402.91.40:
† HR 1295 EAS 
‘‘ 
6402.91.42 
Specialized athletic footwear (except 
footwear with waterproof molded 
bottoms, including bottoms com-
prising an outer sole and all or part 
of the upper and except footwear 
with insulation that provides protec-
tion against cold weather), whose 
height from the bottom of the outer 
sole to the top of the upper does not 
exceed 15.34 cm ..................................
20% 
Free (AU, BH, 
CA, CL, D, E, 
IL, JO, KR, 
MA, MX, OM, 
P, PA, PE, R, 
SG)
35% 
’’. 
(2) By inserting immediately preceding sub-
heading 6402.99.33 the following new subheading, 
with the article description for subheading 6402.99.32 
having the same degree of indentation as the article 
description for subheading 6402.99.33: 
‘‘ 
6402.99.32 
Specialized athletic footwear .............
20% 
Free (AU, BH, 
CA, CL, D, IL, 
JO, MA, MX, 
P) 
1% (PA) 
6% (OM) 
6% (PE) 
12% (CO) 
20% (KR) 
35% 
’’. 
(c) STAGED RATE REDUCTIONS.—The staged reduc-
tions in special rates of duty proclaimed for subheading 
6402.99.90 of the Harmonized Tariff Schedule of the United 
States before the date of the enactment of this Act shall be 
applied to subheading 6402.99.32 of such Schedule, as 
added by subsection (b)(2), beginning in calendar year 
2016. 
SEC. 403. EFFECTIVE DATE. 
This title and the amendments made by this title 
shall—
† HR 1295 EAS 
(1) take effect on the 15th day after the date of 
the enactment of this Act; and 
(2) apply to articles entered, or withdrawn from 
warehouse for consumption, on or after such 15th 
day. 
TITLE V—MISCELLANEOUS 
PROVISIONS 
SEC. 501. REPORT ON CONTRIBUTION OF TRADE PREF-
ERENCE PROGRAMS TO REDUCING POVERTY 
AND ELIMINATING HUNGER. 
Not later than one year after the date of the enactment 
of this Act, the President shall submit to Congress a report 
assessing the contribution of the trade preference programs 
of the United States, including the Generalized System of 
Preferences under title V of the Trade Act of 1974 (19 
U.S.C. 2461 et seq.), the African Growth and Opportunity 
Act (19 U.S.C. 3701 et seq.), and the Caribbean Basin Eco-
nomic Recovery Act (19 U.S.C. 2701 et seq.), to the reduc-
tion of poverty and the elimination of hunger. 
TITLE VI—OFFSETS 
SEC. 601. CUSTOMS USER FEES. 
(a) IN GENERAL.—Section 13031(j)(3)(A) of the Con-
solidated Omnibus Budget Reconciliation Act of 1985 (19 
U.S.C. 58c(j)(3)(A)) is amended by striking ‘‘September 30, 
2024’’ and inserting ‘‘July 7, 2025’’.
† HR 1295 EAS 
(b) RATE FOR MERCHANDISE PROCESSING FEES.— 
Section 503 of the United States–Korea Free Trade Agree-
ment Implementation Act (Public Law 112–41; 125 Stat. 
460) is amended by striking ‘‘June 30, 2021’’ and inserting 
‘‘June 30, 2025’’. 
SEC. 602. 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 September of 2020 shall be increased 
by 5.25 percent of such amount (determined without 
regard to any increase in such amount not contained 
in such Code); and 
(2) the amount of the next required installment 
after an installment referred to in paragraph (1) 
shall be appropriately reduced to reflect the amount 
of the increase by reason of such paragraph.
† HR 1295 EAS 
SEC. 603. IMPROVED INFORMATION REPORTING ON UNRE-
PORTED AND UNDERREPORTED FINANCIAL 
ACCOUNTS. 
(a) ELIMINATION OF MINIMUM INTEREST REQUIRE-
MENT.— 
(1) IN GENERAL.—Section 6049(a) of the Inter-
nal Revenue Code of 1986 is amended by striking 
‘‘aggregating $10 or more’’ each place it appears. 
(2) CONFORMING AMENDMENTS.—Subparagraph 
(C) of section 6049(d)(5) of such Code is amended— 
(A) by striking ‘‘which involves the pay-
ment of $10 or more of interest’’, and 
(B) by striking ‘‘IN THE CASE OF TRANS-
ACTIONS INVOLVING $10 OR MORE’’ in the head-
ing. 
(3) EFFECTIVE DATE.—The amendments made 
by this subsection shall apply to returns filed after 
December 31, 2015. 
(b) REPORTING OF NON-INTEREST BEARING DEPOS-
ITS.— 
(1) IN GENERAL.—Subpart B of part III of sub-
chapter A of chapter 61 of the Internal Revenue Code 
of 1986 is amended by inserting after section 6049 the 
following new section:
† HR 1295 EAS 
‘‘SEC. 6049A. RETURNS REGARDING NON-INTEREST BEAR-
ING DEPOSITS. 
‘‘(a) REQUIREMENT OF REPORTING.—Every person 
who holds a reportable deposit during any calendar year 
shall make a return according to the forms or regulations 
prescribed by the Secretary, setting forth the name and ad-
dress of the person for whom such deposit was held. 
‘‘(b) REPORTABLE DEPOSIT.—For purposes of this sec-
tion— 
‘‘(1) IN GENERAL.—The term ‘reportable deposit’ 
means— 
‘‘(A) any amount on deposit with— 
‘‘(i) a person carrying on a banking 
business, 
‘‘(ii) a mutual savings bank, a savings 
and loan association, a building and loan 
association, a cooperative bank, a homestead 
association, a credit union, an industrial 
loan association or bank, or any similar or-
ganization, 
‘‘(iii) a broker (as defined in section 
6045(c)), or 
‘‘(iv) any other person provided in reg-
ulations prescribed by the Secretary, or 
‘‘(B) to the extent provided by the Secretary 
in regulations, any amount held by an insurance