Us Congress House Bill HB3999

Us Congress 2023-2024 Regular Session

• Introduced: 6/9/23
• Refer: 6/9/23

Caption

To provide for the reliquidation of certain entries of golf cart tires.

Impact

If enacted, HB3999 would direct the U.S. Customs and Border Protection (CBP) to reliquidate duty-paid entries of the specified grocery cart tire model within 90 days of the bill's enactment, allowing for a refund of any previously paid duties with interest. This change is anticipated to correct past calculations that may have imposed undue financial burdens on importers, ensuring that they are not unfairly penalized by outdated or inaccurate tariff assessments.

Summary

House Bill 3999 aims to authorize the reliquidation of certain entries of golf cart tires classified as K389 Hole-N-One with a duty rate of 'free' under the Harmonized Tariff Schedule of the United States. This bill focuses on cases where the liquidation of such entries occurred outside the timeframe specified in the Tariff Act of 1930, specifically section 514. By addressing this regulatory issue, the bill seeks to facilitate fairness and compliance in tariff assessments, thereby potentially impacting businesses engaged in the importation of these golf cart tires.

Contention

The bill has the potential to spark debate regarding the implications for tariff regulations and their enforcement. While supporters may argue that this legislation helps rectify previous misclassifications and thus promotes fairness in trade, opponents may raise concerns about the precedent it sets for similar requests for reliquidation across various products. The discussion around this bill will likely touch on the balance between regulatory compliance and the economic interests of businesses affected by these tariffs.