Public Law 110-42

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. EXTENSION OF ANDEAN TRADE PREFERENCE ACT.

 * (a) Extension.—
 * Section 208(a) of the Andean Trade Preference Act (19 U.S.C. 3206(a)) is amended by striking ``June 30, 2007” and inserting ``February 29, 2008”.
 * (b) Repeal of Conditional Extensions.—
 * Section 208 of the Andean Trade Preference Act (19 U.S.C. 3206) is amended—
 * (1) by striking ``(a) Termination.—Subject to subsection (b), no” and inserting ``No”; and
 * (2) by striking subsection (b).

SEC. 2. TREATMENT OF CERTAIN APPAREL ARTICLES.

 * Section 204(b)(3)(B) of the Andean Trade Preference Act (19 U.S.C. 3203(b)(3)(B)) is amended—
 * (1) in clause (iii)—
 * (A) in subclause (II)—
 * (i) by striking ``Subject to section 208, the” and inserting ``The”; and
 * (ii) by striking ``4 succeeding 1-year periods” and inserting ``5 succeeding 1-year periods”; and
 * (B) in subclause (III)—
 * (i) by striking ``means 2 percent” and inserting ``means—
 * ``(aa) 2 percent”;
 * (ii) by striking the period at the end and inserting ``; and”; and
 * (iii) by adding at the end the following:
 * ``(bb) for the 1-year period beginning October 1, 2007, the percentage determined under item (aa) for the 1-year period beginning October 1, 2006.”; and
 * (2) in clause (v)(II)—
 * (A) by striking ``Subject to section 208, during” and inserting ``During”; and
 * (B) by striking ``3 succeeding 1-year periods” and inserting ``4 succeeding 1-year periods”.

SEC. 3. MERCHANDISE PROCESSING FEES.

 * Section 13031(j)(3)(A) of the Consolidated Omnibus Budget Reconciliation Act of 1985 (19 U.S.C. 58c(j)(3)(A)) is amended by striking ``September 30, 2014” and inserting ``October 14, 2014”.

SEC. 4. TIME FOR PAYMENT OF CORPORATE ESTIMATED TAXES.

 * Subparagraph (B) of section 401(1) of the Tax Increase Prevention and Reconciliation Act of 2005 is amended by striking ``114.25 percent” and inserting ``114.50 percent”.

Approved June 30, 2007.

Legislative History

 * CONGRESSIONAL RECORD, Vol. 153 (2007):
 * June 27, considered and passed House.
 * June 28, considered and passed Senate.
 * June 28, considered and passed Senate.