Page:United States Statutes at Large Volume 102 Part 4.djvu/838

 102 STAT. 3808

PUBLIC LAW 100-647—NOV. 10, 1988

(14) Subparagraph (D) of section 1214(q)(2) of the Omnibus 19 USC 2703. Trade and Competitiveness Act of 1988 is amended— (A) by striking out "TSUS" in clause (iv) and inserting in lieu thereof "TSUS;", (B) by striking out "HTS" in clause (iv) and inserting in lieu thereof "HTS; and", and (C) by striking out "subparagraph (E)" in clause (vi) and inserting in lieu thereof "subparagraph (D)". (15) Section 330(c)(3)(A)(i) of the Tariff Act of 1930 (19 U.S.C. 1330(c)(3)(A)(i)) is amended by striking out "most recently appointed to" and inserting in lieu thereof "with the shortest neriod of service on. (16) Subsection (g) of section 332 of the Tariff Act of 1930 (19 U.S.C. 1332(g)) is amended by striking out "report to Congress, on the first" and inserting in lieu thereof "report to Congress on the first". (17) Subsection (i) of section 1121 of the Omnibus Trade and Ante, p. 1138. Competitiveness Act of 1988 is amended by striking out "subsection (c) apply" and inserting in lieu thereof "subsection (£) apply". (18) Subsection (b) of section 1902 of the Omnibus Trade and 19 USC 1507 Competitiveness Act of 1988 (102 Stat. 1313) is amended by '^o^ striking out "1987" and inserting in lieu thereof "1988". (19) Item 909.35 of the Appendix to the Tariff Schedules of the United States is amended by striking out "3.6% ad val. (I)". (20) Subparagraph (B) of section 236(a)(6) of the Trade Act of 1974 (19 U.S.C. 2296(a)(6)(B)) is amended by striking out "in subparagraph (A) or (B) of paragraph (1)" and inserting in lieu thereof "in clause (i) or (ii) of subparagraph (A)". (21) Subsection (g) of section 1430 of the Omnibus Trade and 19 USC 2397 Competitiveness Act of 1988 (102 Stat. 1257) is amended by "°*®striking out "apply to with" and inserting in lieu thereof "apply with". 19 USC 58c note. (b) EFFECTIVE DATE.—The amendments made by this section shall be applied as if such amendments took effect on August 23, 1988. SEC. 9002. FOREIGN TRADE ZONES.

Petroleum and P®^°^®"™ products.

Section 3 of the Act of June 18, 1934 (48 Stat. 999, chapter 590; 19 U.S.C. 81c) is amended by adding at the end thereof the following new subsection: "(d) In regard to the calculation of relative values in the operations of petroleum refineries in a foreign trade zone, the time of separation is defined as the entire manufacturing period. The price of products required for computing relative values shall be the average per unit value of each product for the manufacturing period. Definition and attribution of products to feedstocks for petroleum manufacturing may be either in accordance with Industry Standards of Potential Production on a Practical Operating Basis as verified and adopted by the Secretary of the Treasury (known as producibility) or such other inventory control method as approved by the Secretary of the Treasury that protects the revenue.". SEC. 9003. REPORT ON PROGRAM.

SMALL

BUSINESS

INNOVATION

RESEARCH

Section 6 of the Small Business Innovation Development Act of 1982 (15 U.S.C. 638, note) is amended—

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