Senate Bill 3876
116th Congress(2019-2020)
A bill to make a technical correction relating to the treatment of refunds of merchandise processing fees under the United States-Mexico-Canada Agreement Implementation Act.
Introduced
Introduced in Senate on Jun 3, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3876
Congress
116
Policy Area
Foreign Trade and International Finance
Foreign Trade and International Finance
Primary focus of measure is competitiveness, trade barriers and adjustment assistance; foreign loans and international monetary system; international banking; trade agreements and negotiations; customs enforcement, tariffs, and trade restrictions; foreign investment. Measures concerning border enforcement may fall under Immigration policy area.
No Senate votes have been held for this bill.
Summary
This bill authorizes U.S. Customs and Border Protection (CBP) to refund any merchandise processing fees when an imported good is reliquidated to refund excess duties under the United States-Mexico-Canada Agreement.
A merchandise processing fee is a processing fee assessed by CBP based on the value of the merchandise being imported, not including duty, freight, and insurance charges. Currently, a merchandise processing fee may not be refunded when an imported good is reliquidated to refund excess duties.
June 3, 2020
06/03/2020
Read twice and referred to the Committee on Finance.
06/03/2020
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:46:18 PM