Foreign Trade Zones Act

This act addresses foreign-trade zones — areas where goods moving in international commerce may be received, held, and handled — and the treatment those zones receive under state law. It opens with a declaration of the legislative policy behind encouraging such zones, defines the terms it uses, and provides for the designation or recognition of a foreign-trade zone within the state. Its principal operative provision governs how merchandise located in such a zone is treated for tax purposes, with a severability clause preserving the remainder of the act if any part is held invalid.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.