Bill 118 hr 3585, also known as the PUMP Technical Correction Act, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to make technical corrections to the Promoting United States-Mexico Trade Efficiency Act of 2019, specifically related to the implementation of the Unified Cargo Processing program.
The Unified Cargo Processing program is a joint initiative between the United States and Mexico aimed at streamlining the customs clearance process for goods being transported between the two countries. The PUMP Technical Correction Act seeks to clarify certain provisions of the original legislation in order to ensure the smooth and efficient operation of this program.
Some of the key provisions of the PUMP Technical Correction Act include clarifying the eligibility criteria for participation in the Unified Cargo Processing program, specifying the responsibilities of participating entities, and establishing reporting requirements to monitor the program's effectiveness.
Overall, the PUMP Technical Correction Act is intended to improve the efficiency of cross-border trade between the United States and Mexico by addressing technical issues that have arisen in the implementation of the Unified Cargo Processing program. It is currently under review by Congress and may be subject to further amendments before being passed into law.