An Act to amend title I of the Tariff Act of 1930 to make permanent the existing duty-free treatment for certain corkboard insulation
PL 89-431 (H.R.8376), enacted 05/26/1966

168 
PUBLIC LAW 89.430-MAY 26, 1966 
[80 STAT. 
SEC. 1). The Federal National Mortgage Association is authorized 
during the fiscal year 1966 to sell— 
(1) additional participations in the Government Mortgage 
Liquidation Trust, and 
(2) participations in a trust to be established by the Small 
Business Administration, 
each witliout regard to the provisions of paragraph (4) of section 
302(c) of the Federal National Mortgage Association Charter Act. 
Approved May 24, 1966. 
Ante, p. 165. 
cars 
Public Law 89-430 
May 26, 1966 
-^N ACT 
[^- ^0^^] 
To amend section 1 (14) (a) of the Interstate Commerce Act to insure the adequacy 
of the national railroad freight car supply, and for other purposes. 
Be it enacted hy the Senate and House of Representatives 
of the 
Railroad freight Jj^ited Sttttes of America in Congress assembled^ That section 1(14) 
54 Stat. 901. 
(a) of the Interstate Commerce Act is amended by adding at the end 
49 use 1. 
thereof the following: "In fixing such compensation to be paid for the 
use of any type of freight car, the Commission shall give consideration 
to the national level of ownership of such type of freight car and to 
other factors affecting the adequacy of the national freight car supply, 
and shall, on the basis of such consideration, determine whether com-
pensation should be computed solely on the basis of elements of owner-
ship expense involved in owning and maintaining such type of freight 
car, including a fair return on value, or whether such compensation 
should be increased by such incentive element or elements of compen-
sation as in the (Commission's judgment will provide just and reason-
able compensation to freight car owners, contribute to sound car 
service practices (including efficient utilization and distribution of 
cars), and encourage the acquisition and maintenance of a car supply 
adequate to meet the needs of commerce and the national defense. 
The 
Commission shall not make any incentive element applicable to any 
type of freight car the supply of which the Commission finds to be 
adequate and may exempt from the compensation to be paid by any 
group of carriers such incentive element or elements if the Commission 
finds it to be in the national interest." 
Effective date. 
gj^ g. Auy compcusatiou fixed pursuant to the amendment made 
to the Interstate Commerce Act by the first section of this Act shall not 
take effect before September 1, 1966. 
Approved May 26, 1966. 
Public Law 89-431 
May 26, 1966 
^^ 
ACT 
[H. R. 8376] 
rpQ amend title I of the Tariff Act of 1 9 ^ to make i>erinanent the existing 
duty-free treatment for certain corkboard insulation. 
Be it enacted hy the Semite and House of Representatioes 
of the 
Corkboard in- 
United Statcs of America 
in (^ongress assembled. That (a) item 
Free°"entry. 
220.80 of title I of the Tariff Act of 1980 (Tariff Schedules of the 
Ignited States; 28 Fed. Reg., part II, page 98, Aug. 17,1968; 77A Stat. 
98; 19 U.S.C., sec. 1202) is amended by striking out "2.5^ per board ft." 
each place it appears and inserting in lieu thereof "Free". 
Repeal. 
(b) Itcm 904.40 (77A Stat. 482) of such title I is repealed. 
80 
STAT. ] 
PUBLIC LAW 89-434-MAY 31, 1966 
169 
SEC. 2. The amendments made by the first section of this Act shall 
apply witli respect to articles entered, or withdrawn from warehouse, 
for consumption after the date of the enactment of this Act. 
Approved May 26, 1966. 
Public Law 89-432 
AN ACT 
To continue for a temporary i)eriod the existing suspension of duty on heptanoic 
acid. 
May 31, 1966 
[H. R. 10998] 
Be it cTMcted hy the Senate and House of Refrenentatives 
of the 
United States of Amerifia in Congress assembled, That item 907.30 of 
the Tariff Schedules of the United States (19 U.S.C, sec. 1202, item 
S)07.30) is amend.ed by strikin<i: out "On or before 8/8/66" and insert-
ing in lieu thereof "()n or before 8/8/69*'. 
Approved May 31, 1966. 
Heptanoic acid. 
Duty suspension. 
77A Stat. 432. 
Public Law 89-433 
AN ACT 
May 31^ 1966 
To make permanent the existing suspension of duty on certain natural graphite. 
[H. R. 11653] 
Be it enacted by the Semite and House of Representatives 
of the 
Vnited States of America in Congress assembled. That (a) item 517.31 
of the Tariff Schedules of the United States (19 U.S.C, sec. 1202, item 
517.31) is repealed and there is inserted in lieu thereof the following: 
517.30 
517.33 
Other: 
If valued $50 per ton or less. 
other 
Free 
0.5% ad val. 
10% ad val. 
10% ad val. 
(b) Item 909.20 of such Schedules (19 U.S.C, sec. 1202, item 
909.20) is repealed. 
(c) Subsections (a) and (b) shall apply wdth respect to articles 
entered, or withdrawn from Avareliouse, for consumption, after June 30, 
1966. 
Approved May 31, 1966. 
Natural graph-
ite. 
Duty suspen-
sion. 
77A Stat. 229. 
77A Stat. 433. 
Public Law 89-434 
AN ACT 
To extend until .July 35, 1968, the susi)ension of duty on electrodes imported for 
use in producing aluminum. 
Be it enacted by the Senate and House of Representatives 
of the 
United^ States of America 
in Congress assembled, That the matter 
appearing in the effective period column for item 909.25 of the Tariff 
Schedules of the United States (19 U.S.C, sec. 1202, item 909.25) is 
amended by striking out "7/15/66" and inserting in lieu thereof 
"7/15/68". 
SEC. 2. The amendment made by the first section of this Act shall 
apply with respect to articles entered, or withdrawn from warehouse, 
for consumption, after July 15, 1966. 
Approved May 31, 1966. 
May 31, 1966 
[H. R. 12997] 
Certain elec-
trodes. 
Duty suspen-
sion. 
79 Stat. 950.