19-U.S.C.-81A
§81A – Definitions
Pathway
Title 19 > Chapter 1A > Section 81a
Details
- Reference: Section 81a
- Legend: §81A – Definitions
- USCode Year: 2013
Provision Content
When used in this chapter—
(a) The term Secretary means the Secretary of Commerce;
(b) The term Board means the Board which is established to carry out the provisions of this chapter. The Board shall consist of the Secretary of Commerce, who shall be chairman and executive officer of the Board, and the Secretary of the Treasury;
(c) The term State includes any State, the District of Columbia, and Puerto Rico;
(d) The term corporation means a public corporation and a private corporation, as defined in this chapter;
(e) The term public corporation means a State, political subdivision thereof, a municipality, a public agency of a State, political subdivision thereof, or municipality, or a corporate municipal instrumentality of one or more States;
(f) The term private corporation means any corporation (other than a public corporation) which is organized for the purpose of establishing, operating, and maintaining a foreign-trade zone and which is chartered under special Act enacted after June 18, 1934, of the State or States within which it is to operate such zone;
(g) The term applicant means a corporation applying for the right to establish, operate, and maintain a foreign-trade zone;
(h) The term grantee means a corporation to which the privilege of establishing, operating, and maintaining a foreign-trade zone has been granted;
(i) The term zone means a foreign-trade zone as provided in this chapter.
(June 18, 1934, ch. 590, §1, 48 Stat. 998; Pub. L. 104–201, div. A, title IX, §910, Sept. 23, 1996, 110 Stat. 2621.)
Amendments
1996—Subsec. (b). Pub. L. 104–201, §910(1), substituted and the Secretary of the Treasury for the Secretary of the Treasury, and the Secretary of War.
Subsec. (c). Pub. L. 104–201, §910(2), struck out Alaska, Hawaii, after Columbia,.
Short Title
This chapter is popularly known as the Foreign Trade Zones Act.
Floor Stocks Tax Treatment of Articles in Foreign Trade Zones
Notwithstanding this chapter, articles located in a foreign trade zone on the effective date of increases in tax under specific amendments by Pub. L. 101–508 subject to floor stocks taxes under certain circumstances, see section 11218 of Pub. L. 101–508, set out as a note under section 5001 of Title 26, Internal Revenue Code.
U.S. Encyclopedia of Law Coverage
Chapter 1A – Foreign Trade Zones in the Legal Encyclopedia: Customs Duties
In this entry about Chapter 1A – Foreign Trade Zones, find legal reference material, bibliographies and premiere content related to customs duties in the American Encyclopedia of Law, presenting a comprehensive view of the United States customs duties-specific issues, written by authorities in the field.
19-U.S.C.-2905 in the Legal Encyclopedia: Trade
In this entry about 19-U.S.C.-2905, find legal reference material, bibliographies and premiere content related to trade in the American Encyclopedia of Law, presenting a comprehensive view of the United States trade-specific issues, written by authorities in the field.
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