Customs Business Fairness Act of 2023

3/6/2024, 8:15 AM

Customs Business Fairness Act of 2023

This bill modifies the treatment of claims by customs brokers for customs duties in bankruptcy proceedings.

Bill 118 HR 1453, also known as the Customs Business Fairness Act of 2023, aims to address issues related to customs duties and fees for businesses engaged in international trade. The bill seeks to promote fairness and transparency in the customs process, particularly for small and medium-sized businesses.

One key provision of the bill is the establishment of a process for businesses to challenge customs duties and fees that they believe are unfair or incorrect. This process would provide businesses with a mechanism to seek redress if they believe they have been unfairly burdened by customs regulations.

Additionally, the bill includes measures to streamline the customs process, making it easier for businesses to comply with regulations and reducing the administrative burden associated with international trade. This includes provisions to improve communication between businesses and customs officials, as well as measures to simplify the paperwork required for customs clearance. Overall, the Customs Business Fairness Act of 2023 aims to create a more equitable and efficient customs system for businesses engaged in international trade. By promoting fairness and transparency in the customs process, the bill seeks to support the growth and competitiveness of American businesses in the global marketplace.
Congress
118

Number
HR - 1453

Introduced on
2023-03-08

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/8/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Customs Business Fairness Act of 2023

This bill modifies the treatment of claims by customs brokers for customs duties in bankruptcy proceedings.

Bill 118 HR 1453, also known as the Customs Business Fairness Act of 2023, aims to address issues related to customs duties and fees for businesses engaged in international trade. The bill seeks to promote fairness and transparency in the customs process, particularly for small and medium-sized businesses.

One key provision of the bill is the establishment of a process for businesses to challenge customs duties and fees that they believe are unfair or incorrect. This process would provide businesses with a mechanism to seek redress if they believe they have been unfairly burdened by customs regulations.

Additionally, the bill includes measures to streamline the customs process, making it easier for businesses to comply with regulations and reducing the administrative burden associated with international trade. This includes provisions to improve communication between businesses and customs officials, as well as measures to simplify the paperwork required for customs clearance. Overall, the Customs Business Fairness Act of 2023 aims to create a more equitable and efficient customs system for businesses engaged in international trade. By promoting fairness and transparency in the customs process, the bill seeks to support the growth and competitiveness of American businesses in the global marketplace.
Alternative Names
Official Title as IntroducedTo amend title 11 of the United States Code, to allow full subrogation, including subrogation to the priority rights of the United States, of claims for the payment of customs duties.

Policy Areas
International Affairs

Comments

Recent Activity

Latest Summary6/12/2023

Customs Business Fairness Act of 2023

This bill modifies the treatment of claims by customs brokers for customs duties in bankruptcy proceedings.


Latest Action3/8/2023
Referred to the House Committee on the Judiciary.