Emergency Relief from Duties Act

Senate Bill 3812 - Emergency Relief from Duties Act: Overview, Status, and Impact

Hozzl · 2022-12-29T22:33:31Z

Explore the details of Senate Bill 3812 Emergency Relief from Duties Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Foreign Trade and International Finance. Stay informed on legislative developments.

12/29/2022, 10:33 PM

Congressional Summary of S 3812

Emergency Relief from Duties Act

This bill provides for a temporary waiver of countervailing and antidumping duties relating to fertilizer or fertilizer ingredients in emergency situations.

Specifically, a covered party (e.g., a manufacturer, trade association, or other interested party) may petition the U.S. International Trade Commission (USITC) to waive countervailing or antidumping duties assessed for fertilizer or fertilizer ingredients (or renew such a waiver) in emergency situations that limit the production or supply of fertilizer or fertilizer ingredients.

The bill requires the USITC to (1) allow the public to submit comments on any petition for a waiver or renewal; and (2) issue, within 30 days after the close of the public comment period, a final decision concerning the waiver or renewal. Any waiver or renewal shall be for a period of one year.

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Current Status of Bill S 3812

Bill S 3812 is currently in the status of Bill Introduced since March 10, 2022. Bill S 3812 was introduced during Congress 117 and was introduced to the Senate on March 10, 2022. Bill S 3812's most recent activity was Read twice and referred to the Committee on Finance. as of March 10, 2022

Bipartisan Support of Bill S 3812

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 3812

Primary Policy Focus

Foreign Trade and International Finance

Alternate Title(s) of Bill S 3812

Emergency Relief from Duties Act

A bill to provide a temporary waiver of countervailing and antidumping duties relating to fertilizer or fertilizer ingredients if an emergency situation impacts the domestic production or supply of merchandise subject to those duties, and for other purposes.