| Bill | S 577 |
|---|---|
| Type of Legislation | Senate Bill |
| Congress | 116 |
| Source | View original on Congress.gov |
Description
Import Tax Relief Act of 2019
This bill requires the President to establish a process by which certain articles imported from China may be excluded from duties.
Specifically, the bill requires the creation of a process whereby U.S. entities may request that articles imported from China be excluded from duties imposed under the Trade Act of 1974. Such an exclusion must be based on a determination that the article can easily be excluded by U.S. Customs and Border Protection and that (1) the article is not commercially available outside of China or produced at a cost-competitive price, (2) a duty on the article would increase consumer prices for everyday items consumed by low- or middle-income families in the United States, or (3) the article does not directly benefit from nonmarket-based policies of China.
Further, this exclusion applies retroactively to recently imported articles that would have been subject to a lower rate under this bill.
Bill Title
Import Tax Relief Act of 2019
Linked Goals
Steps
- 2019-02-27: Read twice and referred to the Committee on Finance.
- 2019-02-27: Introduced in Senate
Projected Outcome
A more informed proposal or public response aligned with the Promote General Welfare goal.