To amend the Convention on Cultural Property Implementation Act to make certain technical corrections to facilitate the lawful trade and collecting of numismatic materials.

Bill: 118-hr-7865
Sponsor: full_name: Rep. Van Duyne, Beth [R-TX-24]
Introduced: 2024-04-02
Policy area: Foreign Trade and International Finance
Latest action: action_date: 2024-12-17
text: Referred to the Subcommittee on Trade.

Summaries:

tv_txt: I 118th CONGRESS 2d Session H. R. 7865 IN THE HOUSE OF REPRESENTATIVES April 2, 2024 Ms. Van Duyne introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Convention on Cultural Property Implementation Act to make certain technical corrections to facilitate the lawful trade and collecting of numismatic materials.

1. Amendments to Convention on Cultural Property Implementation Act (a) Definitions Section 302 of the Convention on Cultural Property Implementation Act ( 19 U.S.C. 2601 ) is amended— (1) by redesignating paragraphs (8), (9), (10), and (11) as paragraphs (9), (10), (11), and (12), respectively; and (2) by inserting after paragraph (7) the following: (8) The term numismatic material includes coins, tokens, paper money, medals and related objects. . (b) Import restrictions Section 307 of the Convention on Cultural Property Implementation Act ( 19 U.S.C. 2606 ) is amended— (1) in subsection (b)— (A) in paragraph (1), by striking ; or at the end and inserting a comma; (B) in paragraph (2)(B), by adding or at the end; and (C) by inserting after paragraph (2)(B) (as amended) the following: (3) in the case of such material that is numismatic material, satisfactory evidence that the material was acquired lawfully, is of a known type, and is not known to be the direct product of illicit excavations within a State Party, ; (2) in subsection (c)— (A) in paragraph (1)(B), by striking and at the end; (B) in paragraph (2)(B), by striking the period at the end and inserting ; and ; and (C) by adding at the end the following: (3) for purposes of subsection (b)(3), one or more declarations under oath by the importer or the person for whose account the material is imported, stating that, to the best of his knowledge, the numismatic material— (A) was acquired lawfully in one or more States Party; (B) was lawfully exported from a State Party in which the numismatic material was acquired; (C) is of a type known to exist in multiple examples which has been published in a reference work on numismatics; and (D) is not known to be the direct product of illicit excavations within another State Party after the effective date for import restrictions on numismatic material granted to that State Party. ; and (3) by adding at the end the following: (e) No other documentation required The customs officer reviewing the satisfactory evidence shall not require any documentation or statements additional to that which is set forth in subsection (c) unless the customs officer has probable cause based on documentary evidence to believe that the satisfactory evidence is false or fraudulent. .