Section 1 Extension of special rules for Haiti under Caribbean Basin Economic Recovery Act
Section 213A of the Caribbean Basin Economic Recovery Act (19 U.S.C. 2703a) is amended—
in subsection (b)—
in paragraph (1)—
in subparagraph (B)(v)(I) to read as follows:
“(I) Applicable percentage—The term “applicable percentage” means—
“(aa) 60 percent or more during the 1-year period beginning on December 20, 2017, and each of the 16 succeeding 1-year periods; and
“(bb) 60 percent of more during the period beginning on December 20, 2034, and ending on September 30, 2035.”
in subparagraph (C)—
in the table, by striking “16 succeeding 1-year periods” and inserting “27 succeeding 1-year periods and the period beginning on December 20, 2034, and ending on September 30, 2035”; and
in the matter following the table, by striking “December 19, 2025” and inserting “September 30, 2035”; and
in paragraph (2)—
in subparagraph (A)(ii), by striking ‘‘16 succeeding 1-year periods’’ and inserting ‘‘26 succeeding 1-year periods’’; and
in subparagraph (B)(iii), by striking ‘‘16 succeeding 1-year periods’’ and inserting ‘‘26 succeeding 1-year periods’’; and
in subsection (h), by striking “2025” and inserting “2035”.