Search Results: keywords:"import penalties"

  • H. R. 7979 — To amend section 321 of the Tariff Act of 1930 to modify the administrative exemptions under that Act.
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    Status:Introduced in House
    Words:735

    H.R. 7979, known as the “End China’s De Minimis Abuse Act,” aims to amend section 321 of the Tariff Act of 1930. This bill seeks to limit the administrative exemptions for imports that are split into separate lots to avoid tariffs and restrict certain goods from countries facing U.S. trade...

    Simple Explanation

    H.R. 7979 is a bill that wants to make sure people can't avoid paying taxes when bringing things into the country by splitting them into smaller packages, and it also wants to make sure bad countries can't use special rules to bring things in without paying. If someone breaks these rules, they might have to pay a lot of money.

  • H. R. 9717 — To prohibit the importation of certain minerals from the Russian Federation.
    Status:Introduced in House
    Words:486

    H.R. 9717 is a bill aimed at stopping the import of certain minerals from the Russian Federation, including braggite, copper, nickel, palladium, platinum, rhodium, ruthenium, and zinc. The prohibition would begin 90 days after the bill is enacted and would last until one year after the U.S....

    Simple Explanation

    H.R. 9717 is a plan to stop bringing certain metals and minerals from Russia to the U.S., like nickel and platinum, until Russia stops being mean to Ukraine. If Russia starts being mean again after being nice for a while, the rule would come back.

  • H. R. 7979 — To amend section 321 of the Tariff Act of 1930 to modify the administrative exemptions under that Act.
    💰
    Status:Reported in House
    Words:907

    H.R. 7979, titled the "End China’s De Minimis Abuse Act," aims to amend section 321 of the Tariff Act of 1930. It focuses on modifying the rules related to administrative exemptions for imports, specifically limiting situations where merchandise is split into separate shipments to bypass...

    Simple Explanation

    H.R. 7979 is a bill that wants to stop people from sneaking in goods while avoiding paying certain taxes, especially from countries that have special rules. If someone breaks the rules, they have to pay a lot of money as a penalty.