Page:United States Statutes at Large Volume 111 Part 1.djvu/926

 Ill STAT. 902 PUBLIC LAW 105-34—AUG. 5, 1997 (i) the acquisition of equipment, rolling stock, and other capital improvements, the upgrading of maintenance facilities, and the maintenance of existing equipment, in intercity passenger rail service, (ii) the acquisition of equipment, rolling stock, and other capital improvements, the upgrading of maintenance facilities, and the maintenance of existing equipment, in intercity bus service, (iii) the purchase of intercity passenger rail services from the Corporation, and (iv) the payment of interest and principal on obligations incurred for such acquisition, upgrading, maintenance, and purchase. In the case of a non-Amtrak State which provides its own intercity passenger rail service on the date of the enactment of this paragraph, subparagraph (B) shall be applied by only taking into account clauses (i) and (iv). (2) NON-AMTRAK STATE. — The term "non-Amtrak State" means, with respect to any payment, any State which does not receive intercity passenger rail service from the Corporation at any time during the period beginning on the date of the enactment of this Act and ending on the date of the payment, (f) AUTHORIZING REFORM REQUIRED.— (1) IN GENERAL.—The Secretary of the Treasury shall not make payment of any refund of any payment described in subsection (a)(1) earlier than the date of the enactment of Federal legislation, other than legislation included in this section, which is enacted after July 29, 1997, and which authorizes reforms of the National Railroad Passenger Corporation. (2) No INTEREST.—Notwithstanding any other provision of law, if the payment of any refund is delayed by reason of paragraph (1), no interest shall accrue with respect to such payment prior to the 45th day following the date of the enactment of Federal legislation described in paragraph (1). (3) ESTIMATE OF REVENUE.— For purposes of estimating revenues under budget reconciliation, the impact of this section on Federal revenues shall be determined without regard to this subsection. Subtitle H—Extension of Duty-Free Treatment Under Generalized System of Pref- erences SEC. 981. GENERALIZED SYSTEM OF PREFERENCES. (a) EXTENSION OF DUTY-FREE TREATMENT UNDER SYSTEM.— Section 505 of the Trade Act of 1974 (19 U.S.C. 2465) is amended by striking "May 31, 1997" and inserting "June 30, 1998". 19 USC 465 note. (b) RETROACTIVE APPLICATION FOR CERTAIN LIQUIDATIONS AND RELIQUIDATIONS.— (1) IN GENERAL.— Notwithstanding section 514 of the Tariff Act of 1930 or any other provision of law and subject to paragraph (2), the entry— (A) of any article to which duty-free treatment under title V of the Trade Act of 1974 would have applied if the entry had been made on May 31, 1997, and

�