H.R. 2667 Page Two System of Preferences (GSP) for either of these two items. Yttrium bearing materials are classified under TSUS item 603.70; a residual provision for "other metal-bearing materials of a type commonly used for the extraction of metal or as a basis for the manufacture of chemical compounds". This TSUS category also includes yttrium concentrate which has been chemically dissolved from xenotime ore or monazite ore. Yttrium inorganic compounds are classified in TSUS item 423.00; a residual provision for "other inorganic compounds"; or in TSUS item 423.96, a residual provision for two or more inorganic compounds. Yttrium concentrates imported under item 603.70 of the TSUS has a column 1 MFN duty rate of 6.3%. High-purity yttrium oxide and other inorganic compounds imported under item 423.0030 of the TSUS have a column 1 MFN duty rate of 4.4% ad valorem, and certain yttrium mixtures imported under item 423.96 of the TSUS have a column 1 MFN duty of 2.5% ad valorem. These products are eligible for duty-free treatment under the Generalized System of Preferences (GSP). These products are also scheduled for staged rate duty reductions under the Tokyo round of the MTN. Effect on Revenue It is estimated that based upon 1982 import data that the annual loss of revenue through enactment of this legislation would be approximately $150,000. Subcommittee Action Agency Reports The Department of Commerce has no objection to the enactment of H.R. 2667. The International Trade Commission submitted an informative report. Markup On June 27, 1984, the Subcommittee on Trade ordered H.R. 2667 favorably reported to the full Committee on Ways and Means by voice vote, without amendment. Senate Action A companion Senate bill (S. 2642) was introduced by Senator Goldwater. H.R. 2667 Page Three SUMMARY OF TESTIMONY ON H.R. 2667 Administration Department of Commerce: No objection to enactment of H.R. 2667. Supports The Honorable William Thomas M.C. (Calif.): Imported yttrium concentrate is used as feedstock in the refining of yttrium oxide. Yttrium oxide has important classified defenserelated applications and commercial uses. Union Molycorp: The two remaining U.S. refiners of highpurity yttrium oxide are dependent on imported yttrium concentrates for feedstocks because there are no significant domestic sources of yttrium. H.R. 3158 Introduced by: Mr. Gibbons (FL) Date: May 26, 1983 To implement the Customs Convention on Containers, 1972. Summary of the Provision H.R. 3158, if enacted, would provide permanant duty-free treatment for repair parts, accessories, and equipment of temporarily admitted containers. Section-by-Section Analysis Section 1 of H.R. 3158, if enacted, would amend subpart C of part 1 of schedule 8 of the Tariff Schedules of the United States (19 U.S.C. 1202) by inserting the words "accessories and equipment" in headnote 1, so as to include these items in the subpart to receive duty-free treatment. Secondly, the article description for item 808.00 is amended to include accessories and equipment for such containers whether the accessories and equipment are imported with a container or separately as long as such accessories and equipment will be reexported. Section 2 of H. R. 3158 would amend subsection (a) of section 322 of the Tariff Act of 1930 (19 U.S.C. 1322 (a)) by inserting the word "excepted" in lieu of the words "granted the customary exceptions", making the applicable clause more definitive. Section 3 of H.R. 3158 would establish the effective date as that date on which the President proclaims that the Customs Convention on Containers becomes effective. Background and Justification By amending the Tariff Schedules of the United States and the Tariff Act of 1930, this legislation will provide for the duty-free entry of repair parts, accessories and equipment of temporarily admitted containers thereby bringing United States customs treatment into conformity with the Customs Convention on Containers, 1972. Comparison with Present Law Under current law, there is no allowance for the temporary duty-free admission of container repair parts, accessories and equipment. The enclosed amendments would give the authority to enter such articles under item 808.00 of the Tariff Schedules of the United States (TSUS) and the governing head note 1 of subpart C of part 1 of schedule 8, TSUS. A conforming amendment to subsection (a) of 322 of the Tariff Act of 1930 (19 U.S.C. 1322(a)) would give H.R. 3158 Page Two the Secretary of the Treasury the authority to except these vehicles in international traffic from the application of the Customs laws in order to facilitate their movement pursuant to the Convention. Effect on Revenue The amount of customs revenues which would be lost due to the enactment of this legislation cannot be determined. Subcommittee Action Agency Reports International Trade Commission submitted an informative report. Markup On June 27, 1984, the Subcommittee on Trade ordered H.R. 3158 favorably reported to the full Committee on Ways and Means by voice vote, without amendment. SUMMARY OF TESTIMONY ON H.R. 3158 Administration Department of Treasury: Supports enactment of H.R. 3158. To suspend for a three year period the duty on (Bicyclohexyl)1-carboxylic acid 2-(diethylamino) ethyl ester hydrochloride, otherwise known as Dicyclomine hydrochloride. Summary of the Provision H.R. 3311, if enacted, would suspend the duty on Dicyclomine hydrochloride otherwise known as (Bicyclohexyl)-1-carboxylic acid 2-(diethylamine) ethyl ester hydrochloride for a three-year period. Section-by-Section Analysis Section 1 of H.R 3311, if enacted, would amend subpart B of part 1 of the Appendix to the Tariff Schedules of the United States (19 U.S.C. 1202) by inserting a new item 907.27 to suspend the column 1, MFN, duty on Dicyclomine hydrochloride provided for in item 412.02, part 1C, schedule 4, for a three year period. There will be no change in the column 2 rate. Section 2 provides for the effective date of the Act to be on or after the 15th day after the date of enactment of the Act. Background and Justification Dicyclomine hydrochloride occurs as a white, odorless crystalline powder freely soluble in water. Dicyclomine hydrochloride is an autonomic drug that acts as an anticholinergic agent. It is used in the symptomatic treatment of disorders of the gastrointestinal tract, such as spastic colitis, ulcerative colitis, diverticulitis, and (in the past) peptic ulcer. Comparison With Present Law Dicyclomine hydrochloride is classifiable under TSUS item 412.02 as an autonomic drug provided for in the Chemical Appendix to the TSUS. The current column 1 rate of duty is 14.1 percent ad valorem. The column 2 rate of duty is 7 cents per pound plus 71.5 percent ad valorem. This item is eligible for staged rate reductions under the Tokyo round of the MTN and the column 1, MFN, rate of duty will be reduced to 8.2% in 1987. Imports from designated beneficiary developing countries under TSUS item number 412.02 are eligible for duty-free entry under the Generalized System of Preferences (GSP). The LDDC rate of duty is |