Summary of Bill S 956
Bill 119 s 956, also known as the "Trade Facilitation and Trade Enforcement Act," aims to streamline the entry and processing of merchandise in the United States, as well as strengthen trade enforcement measures. The bill includes provisions to improve the efficiency of customs procedures, enhance coordination between government agencies involved in trade, and increase penalties for violations of trade laws.
One key aspect of the bill is the establishment of a single window system for submitting import and export documentation, which will simplify the process for businesses and reduce the time and costs associated with customs clearance. Additionally, the bill includes measures to enhance the use of technology in trade enforcement, such as the implementation of electronic filing systems and the use of data analytics to identify potential violations.
The bill also includes provisions to strengthen trade enforcement measures, such as increasing penalties for intellectual property rights violations and enhancing the ability of customs officials to detect and prevent illegal trade activities. Furthermore, the bill aims to improve coordination between government agencies involved in trade enforcement, such as the Department of Homeland Security and the Department of Commerce.
Overall, Bill 119 s 956 seeks to modernize and streamline the process of importing and exporting goods in the United States, while also enhancing trade enforcement measures to protect American businesses and consumers.