Page:United States Statutes at Large Volume 90 Part 2.djvu/294

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PUBLIC LAW 94-000—MMMM. DD, 1976

90 STAT. 1762

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PUBLIC LAW 94-455—OCT. 4, 1976 investment which is airline property bears to his aggregate qualified investment. If the proportion referred to in clause (ii) is 75 percent or more, the applicable percentage of the taxpayer for the year shall be 50 percent plus the tentative percentage for such year. " (C) TENTATIVE PERCENTAGE.—For purposes of subparagraph (B), the tentative percentage shall be determined under the following table: "If the taxable The tentative year ends in: percentage is; 1977 or 1978 50 1979 1980 1981

40 30 20

1982 10 "(D) AIRLINE PROPERTY DEFINED.—For purposes of this paragraph, the term 'airline property' means section 38 property used by the taxpayer directly in connection with the trade or business carried on by the taxpayer of the furnishing or sale of transportation as a common carrier by air subject to the jurisdiction of the Civil Aeronautics Board or the Federal Aviation Administration."

TITLE XVIII—INTERNATIONAL TRADE AMENDMENTS SEC. 1801. UNITED STATES INTERNATIONAL TRADE COMMISSION. (a) TERMS OP OFFICE.—The last sentence of section 330(b) of the Tariff Act of 1930 (19 U.S.C. 1330 (b)) is amended to read as follows: "The term of office of each commissioner appointed after such date shall expire 9 years from the date of the expiration of the term for which his predecessor was appointed, except that— "(1) any commissioner appointed to fill a vacancy occurring prior to the expiration of the term for which his predecessor was appointed shall be appointed for the remainder of such term, and " (2) any commissioner may continue to serve as a commissioner after an expiration of his term of office until his successor is appointed and qualified." 19 USC 1330.

19 USC 2251.

19 USC 2436.

(b) VOTING PROCEDURES.—Section 330(d) of the Tariff Act of 1930

is amended by— (1) redesignating paragraph (2) as paragraph (5); and (2) striking out paragraph (1) and inserting in lieu thereof the following new paragraphs: "(1) In a proceeding in which the Commission is required to determine— " (A) under section 201 of the Trade Act of 1974, whether increased imports of an article are a substantial cause of serious injury, or the threat thereof, as described in subsection (b)(1) of that section (hereafter in this subsection referred to as 'serious injury'), or " (B) under section 406 of such Act, whether market disruption exists, and the commissioners voting are equally divided with respect to such determination, then the determination agreed upon by