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A bill to amend the Tariff Act of 1930 to increase accountability relating to articles receiving exemptions from duties for de minimis entries and to require regulations on enhanced data collection with respect to such entries, and for other purposes.
4/10/2024, 8:08 AM
Summary of Bill S 4082
Bill 118 s 4082, also known as the "De Minimis Entry Accountability Act," aims to amend the Tariff Act of 1930 in order to increase accountability for articles that receive exemptions from duties for de minimis entries. De minimis entries refer to goods that are imported into the United States with a declared value below a certain threshold, currently set at $800.
The bill seeks to require regulations that will enhance data collection for these de minimis entries, ensuring that accurate information is provided for these goods. This will help to prevent abuse of the de minimis entry system and ensure that duties are properly assessed on imported goods.
In addition to increasing accountability for de minimis entries, the bill also includes provisions for other purposes related to trade and customs enforcement. These provisions are aimed at improving the overall efficiency and effectiveness of the US customs system. Overall, Bill 118 s 4082 is focused on strengthening accountability and data collection for de minimis entries, as well as enhancing trade and customs enforcement measures. It is intended to ensure that the US customs system operates effectively and efficiently in regulating imported goods.
The bill seeks to require regulations that will enhance data collection for these de minimis entries, ensuring that accurate information is provided for these goods. This will help to prevent abuse of the de minimis entry system and ensure that duties are properly assessed on imported goods.
In addition to increasing accountability for de minimis entries, the bill also includes provisions for other purposes related to trade and customs enforcement. These provisions are aimed at improving the overall efficiency and effectiveness of the US customs system. Overall, Bill 118 s 4082 is focused on strengthening accountability and data collection for de minimis entries, as well as enhancing trade and customs enforcement measures. It is intended to ensure that the US customs system operates effectively and efficiently in regulating imported goods.
Current Status of Bill S 4082
Bill S 4082 is currently in the status of Bill Introduced since April 9, 2024. Bill S 4082 was introduced during Congress 118 and was introduced to the Senate on April 9, 2024. Bill S 4082's most recent activity was Read twice and referred to the Committee on Finance. as of April 9, 2024
Bipartisan Support of Bill S 4082
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
2Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4082
Primary Policy Focus
Alternate Title(s) of Bill S 4082
A bill to amend the Tariff Act of 1930 to increase accountability relating to articles receiving exemptions from duties for de minimis entries and to require regulations on enhanced data collection with respect to such entries, and for other purposes.
A bill to amend the Tariff Act of 1930 to increase accountability relating to articles receiving exemptions from duties for de minimis entries and to require regulations on enhanced data collection with respect to such entries, and for other purposes.
Comments
Sponsors and Cosponsors of S 4082
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