[Federal Register Volume 62, Number 19 (Wednesday, January 29, 1997)]
[Notices]
[Pages 4242-4243]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-2132]
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DEPARTMENT OF AGRICULTURE
Secretary of Agriculture's Special Cotton Import Quota
Announcement Number 24
AGENCY: Office of the Secretary, USDA.
ACTION: Notice.
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SUMMARY: A special import quota for upland cotton equal to 44,522,887
kilograms (98,156,244 pounds) is established in accordance with section
136(b) of the Federal Agriculture Improvement and Reform Act of 1996
(the 1996 Act) under Presidential Proclamation 6301 of June 7, 1991,
and Presidential Proclamation 6948 of October 29, 1996. The quota is
referenced as the Secretary of Agriculture's Special Cotton Import
Quota Announcement Number 24, effective December 4, 1996, and is set
forth in subheading 9903.52.24, subchapter III, chapter 99 of the
Harmonized Tariff Schedule of the United States (HTS).
DATES: The quota is effective as of December 4, 1996, and applies to
upland cotton purchased not later than March 3, 1997 (90 days from the
date the quota is established), and entered into the United States not
later than June 1, 1997 (180 days from the date the quota is
established).
FOR FURTHER INFORMATION CONTACT: Janise Zygmont, Farm Service Agency,
United States Department of Agriculture, Stop 0515, P.O. Box 2415,
Washington, DC 20013-2415 or call (202) 720-8841.
SUPPLEMENTARY INFORMATION: The 1996 Act requires that a special import
quota for upland cotton be determined and
[[Page 4243]]
announced immediately if, for any consecutive 10-week period, the
Friday through Thursday average price quotation for the lowest-priced
U.S. growth, as quoted for Middling 1\3/32\ inch cotton, C.I.F.
northern Europe (U.S. Northern Europe price), adjusted for the value of
any cotton user marketing certificates issued, exceeds the Northern
Europe price by more than 1.25 cents per pound. This condition was met
during the consecutive 10-week period that ended November 28, 1996.
Therefore, a quota referenced as the Secretary of Agriculture's Special
Cotton Import Quota Announcement Number 24, effective December 4, 1996,
is hereby established.
Previously there were only 20 subheadings available for designating
upland cotton special import quotas in subchapter III of chapter 99 of
the HTS. Therefore, at most, only 20 such quotas could be in effect at
one time and any additional quota which had been triggered could not
become effective until the earliest of the 20 quotas ended. However,
Presidential Proclamation 6948 dated October 29, 1996, added six new
HTS subheadings for quotas--21 through 26. A maximum of 26 quotas may
now be in effect at one time.
To be effective as soon as possible, Quota 24 is established as of
December 4, 1996, and applies to upland cotton purchased not later than
March 3, 1997, and entered into the United States not later than June
1, 1997. The quota amount, 44,522,887 kilograms (98,156,244 pounds), is
equal to 1 week's consumption of upland cotton by domestic mills at the
seasonally-adjusted average rate of the most recent 3 months for which
data are available--August 1996 through October 1996. The special
import quota identifies a quantity of imports that is not subject to
the over-quota tariff rate of a tariff-rate quota. The quota is not
divided by staple length or by country of origin. The quota does not
affect existing tariff rates or phytosanitary regulations. The quota
does not apply to Extra Long Staple cotton.
Authority: Sec. 136, P.L. 104-127 and U.S. Note 6(a), Subchapter
III, Chapter 99 of the HTS.
Signed at Washington, D.C., on January 22, 1997.
Dan Glickman,
Secretary.
[FR Doc. 97-2132 Filed 1-28-97; 8:45 am]
BILLING CODE 3410-05-P
