US SB989 | 2015-2016 | 114th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on April 16 2015 - 25% progression, died in committee
Action: 2015-04-16 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Residue Entries and Streamlining Trade Act This bill amends the Harmonized Tariff Schedule of the United States to exempt from duty treatment the residue of bulk cargo contained in instruments of international traffic previously exported from the United States. The following terms are defined: "residue" means material of bulk cargo, of no or de minimis value, that remains in an instrument of international traffic after a certain amount of the bulk cargo is removed; "bulk cargo" means cargo that is unpackaged and is in either solid, liquid, or gaseous form; and "instruments of international traffic" means certain reusable containers or holders (i.e. lift vans, cargo vans, shipping tanks, skids, pallets, caul boards, and cores for textile fabrics) arriving (whether loaded or empty) for use in the shipment of merchandise in international traffic, as well as any additional articles that the Commissioner of U.S. Customs and Border Protection designates as instruments of international traffic.

Tracking Information

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Title

Residue Entries and Streamlining Trade Act

Sponsors


History

DateChamberAction
2015-04-16SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB1773 (Same As) 2015-04-21 - Referred to the Subcommittee on Trade.
HB1907 (Related) 2015-05-14 - Placed on the Union Calendar, Calendar No. 80.
HB1916 (Related) 2015-05-06 - Referred to the Subcommittee on Border and Maritime Security.

Subjects


US Congress State Sources


Bill Comments

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