China Trade Cheating Restitution Act of 2022

Bill: 117-s-3958
Sponsor: full_name: Sen. Tester, Jon [D-MT]
Introduced: 2022-03-30
Policy area: Foreign Trade and International Finance
Latest action: action_date: 2022-03-30
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2022-03-30
action_desc: Introduced in Senate
text: <p><strong>China Trade Cheating Restitution Act of 2022</strong></p> <p>This bill requires the Department of Homeland Security to deposit into special accounts certain interest earned on antidumping and countervailing duties collected by U.S. Customs and Border Protection on or after October 1, 2000. Currently, the applicable date is October 1, 2014. Amounts in special accounts are distributed to affected domestic producers.</p>

tv_txt: II 117th CONGRESS 2d Session S. 3958 IN THE SENATE OF THE UNITED STATES March 30, 2022 Mr. Tester (for himself, Mr. Cassidy , Mr. Grassley , and Mr. Thune ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Trade Facilitation and Trade Enforcement Act of 2015 to modify the description of interest for purposes of certain distributions of antidumping duties and countervailing duties.

1. Short title This Act may be cited as the China Trade Cheating Restitution Act of 2022 . 2. Modification of description of interest for purposes of certain distributions of antidumping duties and countervailing duties Section 605(c)(1) of the Trade Facilitation and Trade Enforcement Act of 2015 ( 19 U.S.C. 4401(c)(1) ) is amended by striking October 1, 2014 and inserting October 1, 2000 .