Amends the Tariff Act of 1930 to provide for the refund ("drawback") of any import duty, tax, or fee which was imposed on imported merchandise if merchandise of the same kind and quality: (1) is, within three years, exported or destroyed under Customs supervision; and (2) is not used within the United States before such exportation or destruction.
Became Public Law No: 98-573.
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, Commerce Department, Agriculture Department.
Committee on Finance. Ordered favorably reported H.R. 3398 in lieu of this bill.
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