102 STAT. 3808

PUBLIC LAW 100-647—NOV. 10, 1988

19 USC 2703.

Ante, p. 1138.

19 USC 1507
note.

19 USC 2397
note.

19 USC 58c note.

Petroleum and

petroleum

products.

(14) Subparagraph (D) of section 1214(qX2) of the Omnibus
Trade and Competitiveness Act of 1988 is amended—

(A) by striking out "TSUS" in clause (iv) and inserting in
lieu thereof "TSUS;",

(B) by striking out "HTS" in clause (iv) and inserting in
lieu thereof "HTS; and", and

(C) by striking out "subparagraph (E)" in clause (vi) and
inserting in lieu thereof "subparagraph (D)".

(15) Section 330(cX3XAXi) of the Tariff Act of 1930 (19 U.S.C.
1330(c)(3XA)(i)) is amended by striking out "most recently ap-
pointed to" and inserting in lieu thereof "with the shortest
period of service on".

(16) Subsection (g) of section 332 of the Tariff Act of 1930 (19
U.S.C. 1332(g)) is amended by striking out "report to Congress,
on the first" and inserting in lieu thereof "report to Congress on
the first".

(17) Subsection (i) of section 1121 of the Omnibus Trade and
Competitiveness Act of 1988 is amended by striking out "subsec-
tion (c) apply" and inserting in lieu thereof "subsection (f)
apply".

(18) Subsection (b) of section 1902 of the Omnibus Trade and
Competitiveness Act of 1988 (102 Stat. 1313) is amended by
striking out "1987" and inserting in lieu thereof "1988".

(19) Item 909.35 of the Appendix to the Tariff Schedules of the
United States is amended by striking out "3.6% ad val. (I)".

(20) Subparagraph (B) of section 236(aX6) of the Trade Act of
1974 (19 U.S.C. 2296(aX6XB)) is amended by striking out "in
subparagraph (A) or (B) of paragraph (1)" and inserting in lieu
thereof "in clause (i) or (ii) of subparagraph (A)".

(21) Subsection (g) of section 1430 of the Omnibus Trade and
Competitiveness Act of 1988 (102 Stat. 1257) is amended by
striking out "apply to with" and inserting in lieu thereof "apply
with".

(b) EFFECTIVE DATE.—The amendments made by this section shall
be applied as if such amendments took effect on August 23, 1988.

SEC. 9002. FOREIGN TRADE ZONES.

Section 3 of the Act of June 18,1934 (48 Stat. 999, chapter 590; 19
U.S.C. 81c) is amended by adding at the end thereof the following
new subsection:

"(d) In regard to the calculation of relative values in the oper-
ations of petroleum refineries in a foreign trade zone, the time of
separation is defined as the entire manufacturing period. The price
of products required for computing relative values shall be the
average per unit value of each product for the manufacturing
period. Definition and attribution of products to feedstocks for
petroleum manufacturing may be either in accordance with Indus-
try Standards of Potential Production on a Practical Operating
Basis as verified and adopted by the Secretary of the Treasury
(known as producibility) or such other inventory control method as
approved by the Secretary of the Treasury that protects the
revenue.".

SEC. 9003. REPORT ON
PROGRAM.

SMALL BUSINESS INNOVATION RESEARCH

Section 6 of the Small Business Innovation Development Act of
1982 (15 U.S.C. 638, note) is amended—