To amend the Harmonized Tariff Schedule of the United States to provide for duty-free treatment of personal effects of participants entering the United States to participate in international athletic events, and items used in connection with such events.

Amends the Harmonized Tariff Schedule of the United States to grant duty-free treatment to the personal effects of, and other equipment imported and used by, participants, their families and associated members, and officials involved in an international athletic event held in the United States, such as the Olympics, the Goodwill Games, the Special Olympics World Games, the World Cup Soccer Games, or any similar international athletic event as the Secretary of the Treasury may determine. Declares that such articles shall be: (1) free of applicable taxes and fees; but (2) not exempt from routine customs inspections.