A bill to amend the Harmonized Tariff Schedule of the United States to provide duty-free treatment for certain log forwarders used as motor vehicles for the transport of goods, and for other purposes.
Last action on Apr 24, 2002Read twice and referred to the Committee on Finance.
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Summary
Amends the Harmonized Tariff Schedule of the United States to provide duty-free treatment for certain log forwarders with cranes, designed for off-highway use and certain parts of log forwarders. Applies certain staged rate reductions to such items.
Amends the Internal Revenue Code to authorize the Secretary of the Treasury to enter into a written agreement allowing any taxpayer to make installment payments of any tax if the Secretary determines that such agreement will facilitate partial or full (currently only full) collection of such liability. Requires such agreements to be reviewed every two years.
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