Sec. 207. RECORDKEEPING REQUIREMENTS
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## SEC. 207 RECORDKEEPING REQUIREMENTS Section 508 of the Tariff Act of 1930 (19 U.S.C. 1508) is amended— ####
(1)by redesignating subsection
(k)as subsection (l); ####
(2)by inserting after subsection
(j)the following new subsection: > > ### “(k) Certifications of Origin for Goods Exported Under the United States-panama Trade Promotion Agreement > > > #### “(1) Definitions > > In this subsection: > > > ##### “(A) Records and supporting documents > > The term ‘records and supporting documents’ means, with respect to an exported good under paragraph (2), records and documents related to the origin of the good, including— > > > ###### “(i) > > the purchase, cost, and value of, and payment for, the good; > > > ###### “(ii) > > the purchase, cost, and value of, and payment for, all materials, including indirect materials, used in the production of the good; and > > > ###### “(iii) > > the production of the good in the form in which it was exported. > > > ##### “(B) Panama tpa certification of origin > > The term ‘Panama TPA certification of origin’ means the certification established under article 4.15 of the United States-Panama Trade Promotion Agreement that a good qualifies as an originating good under such Agreement. > > > #### “(2) Exports to panama > > Any person who completes and issues a Panama TPA certification of origin for a good exported from the United States shall make, keep, and, pursuant to rules and regulations promulgated by the Secretary of the Treasury, render for examination and inspection all records and supporting documents related to the origin of the good (including the certification or copies thereof). > > > #### “(3) Retention period > > The person who issues a Panama TPA certification of origin shall keep the records and supporting documents relating to that certification of origin for a period of at least 5 years after the date on which the certification is issued.” > ; and ####
(3)in subsection (l), as so redesignated, by striking “(i), or (j)” and inserting “(i), (j), or (k)”.
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Sec. 207
RECORDKEEPING REQUIREMENTS
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