Disapproving the rule submitted by the Department of Commerce relating to "Procedures Covering Suspension of Liquidation, Duties and Estimated Duties in Accord With Presidential Proclamation 10414".
Impact
By disapproving this rule, HJR39 exemplifies Congress's role in maintaining checks and balances over administrative agencies. The potential elimination of the rule means that any processes related to the liquidation and duties related to specific trade aspects will revert to previous regulatory frameworks without the new administrative requirements imposed by the Department of Commerce. This may simplify certain trade processes but could also impact fiscal revenue derived from duties and tariffs.
Summary
HJR39 is a joint resolution introduced in the 118th Congress that disapproves a specific rule submitted by the Department of Commerce. This rule pertains to the procedures governing the suspension of liquidation, duties, and estimated duties in accordance with Presidential Proclamation 10414. The resolution specifically states that this rule shall have no force or effect, reflecting Congress's authority to reject federal regulations that they deem unnecessary or burdensome. This aligns with the legislative push for more oversight over executive branch regulations.
Sentiment
The sentiment around HJR39 was mostly legislative, revolving around a clear divide between those favoring reduced regulatory oversight and proponents of more careful fiscal administration. Supporters believe that disapproving the rule allows for a reduction in unnecessary complexities in trade procedures, while some critics may argue that rejection without a well-articulated alternative could lead to potential trade inefficiencies or loss of revenue.
Contention
Notable points of contention included concerns that this resolution might undermine the intent of Presidential Proclamation 10414 if enacted. While proponents advocate that such measures will streamline operations, opponents highlighted that this could lead to negative trade ramifications or a gap in regulatory adherence. The discussion during voting evidenced tensions across party lines, with a close vote reflecting differing philosophies regarding federal regulation and control.
Same As
Disapproving the rule submitted by the Department of Commerce relating to "Procedures Covering Suspension of Liquidation, Duties and Estimated Duties in Accord With Presidential Proclamation 10414".
Same As
A joint resolution disapproving the rule submitted by the Department of Commerce relating to "Procedures Covering Suspension of Liquidation, Duties and Estimated Duties in Accord With Presidential Proclamation 10414".
US HR327
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Disapproving the rule submitted by the Department of Commerce relating to "Procedures Covering Suspension of Liquidation, Duties and Estimated Duties in Accord With Presidential Proclamation 10414".
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