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Customs Business Fairness Act of 2023

3/6/2024, 8:15 AM

Summary of Bill HR 1453

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.

Congressional Summary of HR 1453

Customs Business Fairness Act of 2023

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

Current Status of Bill HR 1453

Bill HR 1453 is currently in the status of Bill Introduced since March 8, 2023. Bill HR 1453 was introduced during Congress 118 and was introduced to the House on March 8, 2023.  Bill HR 1453's most recent activity was Referred to the House Committee on the Judiciary. as of March 8, 2023

Bipartisan Support of Bill HR 1453

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
56
Democrat Cosponsors
28
Republican Cosponsors
28
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 1453

Primary Policy Focus

International Affairs

Alternate Title(s) of Bill HR 1453

Customs Business Fairness Act of 2023
Customs Business Fairness Act of 2023
To 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.

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