A bill to provide for the reliquidation of certain entries of golf cart tires.

Hozzl · 2023-12-15T16:07:31Z

Explore the details of Senate Bill 1482 A bill to provide for the reliquidation of certain entries of golf cart tires. 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.

12/15/2023, 4:07 PM

Summary of Bill S 1482

Bill 118 s 1482, also known as the "Golf Cart Tires Reliquidation Act," is a piece of legislation introduced in the US Congress. The purpose of this bill is to authorize the reliquidation of certain entries of golf cart tires.

The bill specifies that the reliquidation of these entries must be done in accordance with the Tariff Act of 1930. This means that any duties, taxes, fees, or other charges that were previously assessed on these entries may be adjusted or refunded.

The bill also outlines the process for requesting reliquidation, including the time frame within which such requests must be made. It further specifies that any reliquidation must be done in a manner that is consistent with US trade laws and regulations. Overall, the Golf Cart Tires Reliquidation Act aims to provide a mechanism for correcting any errors or discrepancies in the assessment of duties on certain entries of golf cart tires. This bill is currently under consideration in Congress and may be subject to amendments or modifications before it is passed into law.

Congressional Summary of S 1482

This bill provides for the reliquidation of certain golf cart tires imported into the United States during specified time periods. U.S. Customs and Border Protection (CBP) defines liquidation as the final computation or ascertainment of duties on entries for consumption or drawback entries.

Within 90 days of this bill's enactment, CBP must

reliquidate each entry of K389 Hole-N-One golf cart tires at the rate of duty applicable to such tires under subheading 4011.69.00 of the Harmonized Tariff Schedule of the United States (the general rate of duty for this subheading is free) on the date of entry, and
refund with interest any duties previously paid with respect to the entry.

Current Status of Bill S 1482

Bill S 1482 is currently in the status of Bill Introduced since May 9, 2023. Bill S 1482 was introduced during Congress 118 and was introduced to the Senate on May 9, 2023. Bill S 1482's most recent activity was Read twice and referred to the Committee on Finance. as of May 9, 2023