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A joint resolution disapproving the rule submitted by the Department of Commerce relating to "Procedures Covering Suspension of Liquidation, Duties and Estimated Duties in Accord With Presidential Proclamation 10414".

12/15/2023, 4:05 PM

Summary of Bill SJRES 15

Bill 118 SJRes 15 is a joint resolution that aims to disapprove of a rule submitted by the Department of Commerce regarding procedures covering the suspension of liquidation, duties, and estimated duties in accordance with Presidential Proclamation 10414. The rule in question outlines the specific procedures that must be followed when suspending liquidation, imposing duties, and estimating duties on certain goods in response to the aforementioned presidential proclamation.

The resolution seeks to challenge and reject this rule, potentially preventing it from being implemented. The Department of Commerce's rule is likely to have significant implications for trade and commerce, as it pertains to the suspension and imposition of duties on imported goods. The resolution is currently being considered by Congress, and its outcome will have important consequences for how these procedures are carried out in the future.

Overall, Bill 118 SJRes 15 is a significant piece of legislation that addresses the procedures surrounding the suspension of liquidation, duties, and estimated duties in response to a presidential proclamation. Its potential impact on trade and commerce makes it an important issue for Congress to consider and debate.

Congressional Summary of SJRES 15

This joint resolution nullifies the final rule submitted by the Department of Commerce titled Procedures Covering Suspension of Liquidation, Duties and Estimated Duties in Accord With Presidential Proclamation 10414 and published on September 16, 2022. The rule allows for the suspension of duties on certain crystalline silicon photovoltaic cells and modules (i.e., solar panels) that are completed in Cambodia, Malaysia, Thailand, or Vietnam using parts and components manufactured in China that are not already subject to an antidumping or countervailing duty order.

Current Status of Bill SJRES 15

Bill SJRES 15 is currently in the status of Bill Introduced since February 16, 2023. Bill SJRES 15 was introduced during Congress 118 and was introduced to the Senate on February 16, 2023.  Bill SJRES 15's most recent activity was Read twice and referred to the Committee on Finance. as of February 16, 2023

Bipartisan Support of Bill SJRES 15

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill SJRES 15

Primary Policy Focus

Foreign Trade and International Finance

Comments

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