Source: https://www.govinfo.gov/content/pkg/USCODE-2017-title19/html/USCODE-2017-title19-chap12-subchapV-sec2463.htm
Timestamp: 2019-09-22 07:59:23
Document Index: 277081813

Matched Legal Cases: ['§503', '§1952', '§1001', '§111', '§1555', '§8001', '§202', '§503', '§1111', '§504', '§8', '§1889', '§1903', '§226', '§404', '§204', '§1555', '§1555', '§203']

SUBCHAPTER V - GENERALIZED SYSTEM OF PREFERENCES
Sec. 2463 - Designation of eligible articles
The duty-free treatment provided under this subchapter shall apply to any eligible article which is the growth, product, or manufacture of a beneficiary developing country if—
An article shall not be treated as the growth, product, or manufacture of a beneficiary developing country by virtue of having merely undergone—
The Secretary of the Treasury, after consulting with the United States Trade Representative, shall prescribe such regulations as may be necessary to carry out paragraph (2), including, but not limited to, regulations providing that, in order to be eligible for duty-free treatment under this subchapter, an article—
Except as provided in clause (ii) and subject to subsection (d), whenever the President determines that a beneficiary developing country has exported (directly or indirectly) to the United States during any calendar year beginning after December 31, 1995—
the President shall, not later than July 1 of the next calendar year, terminate the duty-free treatment for that article from that beneficiary developing country.
For purposes of applying clause (i), the applicable amount is—
Subparagraph (A)(i)(II) shall not apply with respect to any eligible article if a like or directly competitive article was not produced in the United States on January 1, 1995.
The President may waive the application of subsection (c)(2) with respect to any eligible article of any beneficiary developing country if, before July 1 of the calendar year beginning after the calendar year for which a determination described in subsection (c)(2)(A) was made with respect to such eligible article, the President—
In making any determination under paragraph (1), the President shall give great weight to—
The President may waive the application of subsection (c)(2) if, before July 1 of the calendar year beginning after the calendar year for which a determination described in subsection (c)(2) was made with respect to a beneficiary developing country, the President determines that—
(i) The President may not exercise the waiver authority provided under this subsection with respect to a quantity of an eligible article entered during any calendar year beginning after 1995, the aggregate appraised value of which exceeds 15 percent of the aggregate appraised value of all articles that have entered duty-free under this subchapter during the preceding calendar year from those beneficiary developing countries which for the preceding calendar year—
(ii) Not later than July 1 of each year, the President should revoke any waiver that has then been in effect with respect to an article for 5 years or more if the beneficiary developing country has exported to the United States (directly or indirectly) during the preceding calendar year a quantity of the article—
There shall be counted against the limitations imposed under subparagraphs (A) and (B) for any calendar year only that value of any eligible article of any country that—
(Pub. L. 93–618, title V, §503, as added Pub. L. 104–188, title I, §1952(a), Aug. 20, 1996, 110 Stat. 1921; amended Pub. L. 106–36, title I, §1001(a)(7), June 25, 1999, 113 Stat. 130; Pub. L. 106–200, title I, §111(b), May 18, 2000, 114 Stat. 258; Pub. L. 108–429, title I, §1555(a), (b), Dec. 3, 2004, 118 Stat. 2578, 2579; Pub. L. 109–432, div. D, title VIII, §8001, Dec. 20, 2006, 120 Stat. 3195; Pub. L. 114–27, title II, §§202, 204, June 29, 2015, 129 Stat. 372.)
A prior section 2463, Pub. L. 93–618, title V, §503, Jan. 3, 1975, 88 Stat. 2069; Pub. L. 96–39, title XI, §1111(a)(3), July 26, 1979, 93 Stat. 315; Pub. L. 98–573, title V, §504, Oct. 30, 1984, 98 Stat. 3020; Pub. L. 99–47, §8(b)(2), June 11, 1985, 99 Stat. 85; Pub. L. 99–514, title XVIII, §1889(7), Oct. 22, 1986, 100 Stat. 2926; Pub. L. 100–418, title I, §1903, Aug. 23, 1988, 102 Stat. 1313; Pub. L. 101–382, title II, §226, Aug. 20, 1990, 104 Stat. 660; Pub. L. 103–465, title IV, §404(e)(3), Dec. 8, 1994, 108 Stat. 4961, related to eligible articles, prior to the general amendment of this subchapter by Pub. L. 104–188.
2015—Subsec. (b)(1)(A). Pub. L. 114–27, §204(1), substituted "paragraphs (4) and (5)" for "paragraph (4)".
2006—Subsec. (d)(4)(B). Pub. L. 109–432 designated existing provisions as cl. (i), redesignated former cls. (i) and (ii) as subcls. (I) and (II), respectively, and added cl. (ii).
2004—Subsec. (b)(1)(A). Pub. L. 108–429, §1555(b), substituted "Except as provided in paragraph (4), textile" for "Textile".
2000—Subsec. (c)(2)(D). Pub. L. 106–200 amended heading and text of subpar. (D) generally. Prior to amendment, text read as follows: "Subparagraph (A) shall not apply to any least-developed beneficiary developing country."
1999—Subsec. (a)(2)(A)(ii). Pub. L. 106–36 added subcl. (II) and concluding provisions and struck out former subcl. (II) which read as follows: "the direct costs of processing operations performed in such beneficiary developing country or such member countries, is not less than 35 percent of the appraised value of such article at the time it is entered."
Pub. L. 108–429, title I, §1555(c), Dec. 3, 2004, 118 Stat. 2579, provided that: "The amendments made by subsections (a) and (b) [amending this section] shall apply to any article entered, or withdrawn from warehouse for consumption, on or after the date on which the President makes a designation with respect to the article under section 503(b)(4) of the Trade Act of 1974 [subsec. (b)(4) of this section], as added by subsection (a)."
Pub. L. 114–27, title II, §203, June 29, 2015, 129 Stat. 372, provided that:
"(a) In General.—For purposes of applying and administering subsections (c)(2) and (d) of section 503 of the Trade Act of 1974 (19 U.S.C. 2463) with respect to an article 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."