An Act to amend the Tariff Schedules of the United States to provide that, imported articles which are exported and thereafter reimported to the United States for failure to meet sample or specifications shall, in certain instances, be entered free of duty upon such reimportation
PL 91-615 (H.R.9183), enacted 12/31/1970

84 STAT. ] 
PUBLIC LAW 91-615-DEC. 31, 1970 
1847 
" ; a n d 
"(B) the tax carry overs to the taxable year. 
(2) by adding at the end of such section the following new 
subsection: 
"(c) TAX CARRY OVERS.—If for any taxable year— 
"(1) the taxes imposed by this chapter (computed without 
regard to this part and without regard to the taxes imposed by 
sections 531 and 541) reduced by the sum of the credits allow-
able under— 
" (A) section 33 (relating to foreign tax credit), 
"(B) section 37 (relating to retirement income), and 
"(C) section 38 (relating to investment credit), exceed 
"(2) the sum of the items of tax preference in excess of 
$30,000, 
then the excess of the taxes described in paragraph (1) over the sum 
described in paragraph (2) shall be a tax carry over to each of the 7 
taxable years following such year. The entire amount of the excess for 
a taxable year shall be carried to the first of such 7 taxable years, and 
then to each of the other such taxable years to the extent that such 
excess is not used to reduce the amount subject to tax under subsection 
(a) for a prior taxable year to which excess may be carried." 
(b) EFFECTIVE DATE.—The amendments made by subsection (a) 
shall apply to taxable years ending after December 31, 1969. In the 
case of a taxable year beginning in 1969 and ending in 1970, the 
excess referred to in section 56(c) of the Internal Revenue Code of 
1954 (as added by subsection (a)) shall be an amount equal to the 
excess determined under such section (without regard to the sentence) 
multiplied by a fraction— 
(1) the numerator of which is the number of days in the taxable 
year occuring after December 31, 1969, and 
(2) the denominator of which is the number of days in the 
entire taxable year. 
Approved December 31, 1970. 
68A Stat. 179. 
78 Stat. 79. 
26 u s e 531,541. 
76 Stat. 96 2. 
Public Law 91-615 
AN ACT 
To amend the Tariff Schedules of the United States to provide that imported 
articles which are exported and thereafter reimported to the United States 
for failure to meet sample or si)ecifieations shall, in certain instances, be 
entered free of duty upon such reimportation. 
December 31, 1970 
[H. R. 9183] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That schedule 8, part 
1, subpart A of the Tariff Schedules of the United States (19 U.S.C. 
1202) is amended by inserting after item 801.00 the following new 
item: 
801.10 
Articles, previously imported, with respect to which the duty 
was paid upon such previous importation if (1) exported 
within three years after the date of such previous importa-
tion, (2) reimported without having been advanced in value 
or impio/ed in condition by any process of manufacture or 
other means while abroad, (3) reimported for the reason that 
such articles do not conform to sample or specifications, and 
(4) reimported by or for the account of the person who im-
ported them into, and exported them from, the United 
States 
Free 
Free 
SEC. 2. The amendment made by the first section of this Act shall 
apply wnll respect to articles entered, or withdrawn from warehouse, 
for consumption on or after the date of enactment of this Act and 
which had not previously been so entered or withdrawn before such 
date. 
Approved December 31, 1970. 
Reimported 
articles. 
Duty free entry. 
77A Stat. 405.,