Exempts from State and local ad valorem taxation: (1) tangible personal property imported from outside the United States and held in a foreign-trade zone for certain purposes; and (2) tangible personal property produced in the United States and held in a zone for exportation.
Became Public Law No: 98-573.
Committee Consideration and Mark-up Session Held.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Committee on Finance requested executive comment from OMB, International Trade Commission, Office of the U.S. Trade Representative, Treasury Department, State Department.
Subcommittee on International Trade. Hearings held.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line