CREDITS IN THE CASE OF CERTAIN FURTHER MANUFACTURING.

SEC. 302. CREDITS IN THE CASE OF CERTAIN FURTHER MANUFACTURING. (a) In General.— (1) Section 6416(b)(3) (relating to tax-paid articles used for further manufacture) is amended— (A) by striking out “to a second manufacturer or producer, such tax shall be deemed to lie an overpayment, by such second manufacturer or producer if” and inserting in lieu thereof “and such article is sold to a subsequent manufacturer or producer before being used, such tax shall be deemed to be an overpayment by such subsequent manufacturer or producer if”:and (B) by striking out “the second manufacturer” each place it appears in subparagraphs (A), (B), (C), (E), and (F) and inserting in lieu thereof “the subsequent manufacturer”. (2) Section 6416(c) (relating to credit for tax paid on tires or inner tubes) is amended by striking out the last sentence thereof. (b) Conforming Amendment.—Section 6416(b)(2) (relating to specified uses and resales) is amended by striking out subparagraph (E),. (c) Effective Date.—The amendments made by subsections (a) and (b) of this section shall apply only with respect to claims for credit or refund filed after the date of the enactment of this Act, but only if the filing of the claim is not barred on the day after the date of the enactment of this Act by any law or rule of law.