HR 4324 · 97th Congress · Foreign Trade and International Finance

A bill to reduce the tariff on caffeine.

Introduced 1981-07-29· Sponsored by Rep. Downey, Thomas J. [D-NY-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Trade.(1981-07-31)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Tariff Schedules of the United States to reduce the tariff on caffeine from nine percent ad valorem to five and four-tenths percent ad valorem. Makes such reduction or a lesser reduction effective for goods entered or withdrawn from warehouse before enactment of this Act, under specified conditions. Sets forth a schedule for further reducing the tariff annually until by January 1, 1987, it is three and six-tenths percent ad valorem.…

Summarized by Claude AI · Non-partisan · For informational purposes only