Domestic Reinvestment Act of 2023

12/15/2023, 4:05 PM

Domestic Reinvestment Act of 2023

This bill prohibits the Department of Homeland Security (DHS) or any other person from requiring any repayment, recoupment, or offset of certain antidumping and countervailing duties. The bill also requires DHS, within 90 days, to (1) refund any repayment or recoupment of these payments that were collected by U.S. Customs and Border Protection (CBP) after January 1, 2017, and (2) fully distribute any antidumping or countervailing duties withheld as an offset by CBP.

Congress
118
Number
S - 377
Introduced on
2023-02-09
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

2/9/2023
Text
PDF
XML

Status of Legislation

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

Purpose and Summary

Domestic Reinvestment Act of 2023

This bill prohibits the Department of Homeland Security (DHS) or any other person from requiring any repayment, recoupment, or offset of certain antidumping and countervailing duties. The bill also requires DHS, within 90 days, to (1) refund any repayment or recoupment of these payments that were collected by U.S. Customs and Border Protection (CBP) after January 1, 2017, and (2) fully distribute any antidumping or countervailing duties withheld as an offset by CBP.

Alternative Names
Official Title as IntroducedA bill to prohibit the Secretary of Homeland Security, or any other person, from requiring repayment, recoupment, or offset of certain antidumping duties and countervailing duties paid under section 754 of the Tariff Act of 1930, and for other purposes.
Policy Areas
Foreign Trade and International Finance
Potential Impact
Competitiveness, trade promotion, trade deficits•
Tariffs

Comments

Related

Bill Update Alert:  Domestic Reinvestment Act of 2023

Recent Activity

Latest Summary5/9/2023

Domestic Reinvestment Act of 2023

This bill prohibits the Department of Homeland Security (DHS) or any other person from requiring any repayment, recoupment, or offset of certain antidumping and countervailing duties. The bill also ...

Latest Action2/9/2023
Read twice and referred to the Committee on Finance.