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§ 81a. —  Definitions.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 19USC81a]

 
                        TITLE 19--CUSTOMS DUTIES
 
                     CHAPTER 1A--FOREIGN TRADE ZONES
 
Sec. 81a. Definitions

    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, Sec. 1, 48 Stat. 998; Pub. L. 104-201, div. A, 
title IX, Sec. 910, Sept. 23, 1996, 110 Stat. 2621.)


                               Amendments

    1996--Subsec. (b). Pub. L. 104-201, Sec. 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, Sec. 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.



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