China Trade Cheating Restitution Act of 2023

Bill: 118-hr-4044
Sponsor: full_name: Rep. Panetta, Jimmy [D-CA-19]
Introduced: 2023-06-12
Policy area: Foreign Trade and International Finance
Latest action: action_date: 2024-12-17
text: Referred to the Subcommittee on Trade.

Summaries:
action_date: 2023-06-12
action_desc: Introduced in House
text: <p><strong>China Trade Cheating Restitution Act of </strong><b>2023</b></p> <p>This bill requires the deposit into special accounts of 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: I 118th CONGRESS 1st Session H. R. 4044 IN THE HOUSE OF REPRESENTATIVES June 12, 2023 Mr. Panetta (for himself, Mr. Valadao , Mr. Costa , and Mr. Smucker ) introduced the following bill; which was referred to the Committee on Ways and Means 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 2023 . 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— (1) by striking subparagraphs (A) and (B); and (2) by striking October 1, 2014, by U.S. Customs and Border Protection under, or in connection with— and inserting October 1, 2000, by U.S. Customs and Border Protection. .