Page:United States Statutes at Large Volume 114 Part 4.djvu/107

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PUBLIC LAW 106-476—NOV. 9, 2000 114 STAT. 2169 "(D) the term 'manipulation' means the repackaging, cleaning, sorting, or removal from or placement on carts of international travel mercheindise; and "(E) the term 'cart' means a portable container holding international travel merchandise on an aircraft for exportation. "(2) BONDED WAREHOUSE FOR INTERNATIONAL TRAVEL MER- Regulations. CHANDISE.—The Secretary shall by regulation establish a separate class of bonded warehouse for the storage and manipulation of international travel merchandise pending its placement on board aircraft departing for foreign destinations. "(3) RULES FOR TREATMENT OF INTERNATIONAL TRAVEL MER- CHANDISE AND BONDED WAREHOUSES AND STAGING AREAS.— (A) The proprietor of a bonded warehouse established for the storage and manipulation of international travel merchandise shall give a bond in such sum and with such sureties as may be approved by the Secretary of the Treasury to secure the Government against any loss or expense connected with or arising from the deposit, storage, or manipulation of merchandise in such warehouse. The warehouse proprietor's bond shall also secure the manipulation of international travel merchandise in a staging area. "(B) A transfer of liability from the international carrier to the warehouse proprietor occurs when the carrier assigns custody of international travel merchandise to the warehouse proprietor for purposes of entry into warehouse or for manipulation in the staging area. "(C) A transfer of liability from the warehouse proprietor to the international carrier occurs when the bonded warehouse proprietor assigns custody of international travel merchandise to the carrier. "(D) The Secretary is authorized to promulgate regulations Regulations. to require the proprietor and the international carrier to keep records of the disposition of any cart brought into the United States and all merchandise on such cart.". SEC. 1455. CHANGE IN RATE OF DUTY OF GOODS RETURNED TO THE UNITED STATES BY TRAVELERS. Subchapter XVI of chapter 98 is amended as follows: (1) Subheading 9816.00.20 is amended— (A) effective January 1, 2000, by striking "10 percent" each place it appears and inserting "5 percent"; (B) effective January 1, 2001, by striking "5 percent" each place it appears and inserting "4 percent"; and (C) effective January 1, 2002, by striking "4 percent" each place it appears and inserting "3 percent". (2) Subheading 9816.00.40 is amended— (A) effective January 1, 2000, by striking "5 percent" each place it appears and inserting "3 percent"; (B) effective January 1, 2001, by striking "3 percent" each place it appears and inserting "2 percent"; and (C) effective January 1, 2002, by striking "2 percent" each place it appears and inserting "1.5 percent".