H.R. 991 — Engrossed in House

116th CONGRESS 2d Session H. R. 991 AN ACT To extend certain provisions of the Caribbean Basin Economic Recovery Act until September 30, 2030, and for other purposes. 1. Short title This Act may be cited as the Extension of the Caribbean Basin Economic Recovery Act. 2. Extension of the Caribbean Basin Economic Recovery Act Section 213 of the Caribbean Basin Economic Recovery Act (19 U.S.C. 2703) 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. 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)) 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; 19 U.S.C. 3805 note) is amended by striking September 30, 2029 and inserting October 21, 2029. 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 Congressional Record by the Chairman of the House Budget Committee, provided that such statement has been submitted prior to the vote on passage. Passed the House of Representatives September 22, 2020.Clerk.