A bill to ensure payment of the regular duties imposed on imported ethyl alcohol and payment of the additional duty imposed on ethyl alcohol when imported for use in producing a mixture of gasoline and alcohol or used otherwise as fuel.

Amends the Tariff Schedules of the United States to provide a duty on certain ethyl alcohol that is used as a fuel. Provides, under specified circumstances, for a refund of additional duties paid on such alcohol.

Amends the Caribbean Basin Economic Recovery Act to exclude ethyl alcohol and any mixture containing such alcohol as a product from a beneficiary country (certain Caribbean countries) or from eligibility for duty-free treatment if it has merely been subjected to distillation, denaturing, or blending with other ethyl alcohol within a beneficiary country.