Public Law 116-164. Extension of the Caribbean Basin Economic Recovery Act

362 words·~2 min read·/plaw/116/public/164

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An Act To extend certain provisions of the Caribbean Basin Economic Recovery Act until September 30, 2030, and for other purposes.Oct. 10, 2020[[H.R. 991](/us/bill/116/hr/991)] * Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,* Extension of the Caribbean Basin Economic Recovery Act.[19 USC 2701 note](/us/usc/t19/s2701). ## SECTION 1 SHORT TITLE This Act may be cited as the “Extension of the Caribbean Basin Economic Recovery Act”. ## SEC. 2 EXTENSION OF THE CARIBBEAN BASIN ECONOMIC RECOVERY ACT Section 213 of the Caribbean Basin Economic Recovery Act ([19 U.S.C. 2703](/us/usc/t19/s2703)) is amended as follows: ####

(1)Extension for certain knit apparel articles In clause

(iii)of subsection (b)(2)(A)— #####

(A)in subclause (II)(cc), by striking “September 30, 2020” and inserting “September 30, 2030”; and #####

(B)in subclause (IV)(dd), by striking “September 30, 2020” and inserting “September 30, 2030”. ####

(2)Extension of limitation with respect to certain other apparel articles In clause (iv)(II) of such subsection, by striking “18” and inserting “28”. ####

(3)Extension of transition period In subsection (b)(5)(D)(i), by striking “September 30, 2020” and inserting “September 30, 2030”. ## SEC. 3 CUSTOMS USER FEES ###

(a)In General Section 13031(j)(3) of the Consolidated Omnibus Budget Reconciliation Act of 1985 ([19 U.S.C. 58c(j)(3)](/us/usc/t19/s58c/j/3)) is amended— ####

(1)in subparagraph (A), by striking “September 30, 2029” and inserting “October 21, 2029”; and ####

(2)in subparagraph (B)(i), by striking “September 30, 2029” and inserting “October 21, 2029”. ###

(b)Rate for Merchandise Processing Fees Section 503 of the United States–Korea Free Trade Agreement Implementation Act ([Public Law 112–41](/us/pl/112/41); [19 U.S.C. 3805 note](/us/usc/t19/s3805)) is amended by striking “September 30, 2029” and inserting “October 21, 2029”. ## SEC. 4 DETERMINATION OF BUDGETARY EFFECTS The budgetary effects of this Act, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled “Budgetary Effects of PAYGO Legislation” for this Act, submitted for printing in the 134 STAT. 759 Congressional Record by the Chairman of the House Budget Committee, provided that such statement has been submitted prior to the vote on passage. Approved October 10, 2020.

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