S. 2343 · 118th Congress · Senate

FAIR TARIFF Act of 2023

Active· Read twice and referred to the Committee on Finance.
Introduced
Jul 18, 23
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

For Accurate Import Relief To Aid Retailers and Importers of Foreign Freights Act of 2023 or the FAIR TARIFF Act of 2023

This bill provides for the liquidation or reliquidation of certain entries of products (e.g., wine, spirits, and food) of European Union countries imported into the United States during specified time periods.

A request for liquidation or reliquidation must be filed with U.S. Customs and Border Protection (CBP). A request must contain sufficient information for CBP to (1) locate the entry or, if the entry cannot be located, reconstruct the entry; and (2) verify the eligibility of the request.

Further, CBP must develop and make publicly available an application process for requesting these refunds.

The bill also requires the U.S. Trade Representative to provide advance notice with respect to certain increases in tariff rates.

Action Timeline

2
  1. JUL 18, 2023IntroReferral

    Introduced in Senate

  2. JUL 18, 2023IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Jul 18, 2023

Active