[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 695 Engrossed in Senate (ES)]
109th CONGRESS
1st Session
S. 695
_______________________________________________________________________
AN ACT
To suspend temporarily new shipper bonding privileges.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``New Shipper Review Amendment Act of
2005''.
SEC. 2. TEMPORARY SUSPENSION OF NEW SHIPPER BONDING PRIVILEGES.
Clause (iii) of section 751(a)(2)(B) of the Tariff Act of 1930 (19
U.S.C. 1675(a)(2)(B)(iii)) shall not be effective during the 3-year
period beginning on the date of the enactment of this Act.
SEC. 3. REPORT TO CONGRESS.
Not later than 2 years after the date of the enactment of this Act,
the Secretary of Commerce, in consultation with the Secretary of the
Treasury, the United States Trade Representative, and the Commissioner
of Customs and Border Protection, shall submit to the Committee on
Finance of the Senate and the Committee on Ways and Means of the House
of Representatives a report containing--
(1) recommendations on whether the suspension of the
effectiveness of section 751(a)(2)(B)(iii) of the Tariff Act of
1930 should be extended beyond the date provided in section 2
of this Act; and
(2) assessments of the effectiveness of any administrative
measures that have been implemented to address the difficulties
giving rise to section 2 of this Act, including--
(A) problems in assuring the collection of
antidumping duties on imports from new shippers;
(B) administrative burdens imposed on the
Department of Commerce by new shipper reviews; and
(C) the use of the bonding privilege by importers
from new shippers to circumvent the effect of
antidumping duty orders.
Passed the Senate November 16, 2005.
Attest:
Secretary.
109th CONGRESS
1st Session
S. 695
_______________________________________________________________________
AN ACT
To suspend temporarily new shipper bonding privileges.