H.R.1039 - New Shipper Review Amendment Act of 2005109th Congress (2005-2006)
|Sponsor:||Rep. Pickering, Charles W. "Chip" [R-MS-3] (Introduced 03/02/2005)|
|Committees:||House - Ways and Means|
|Latest Action:||03/11/2005 Referred to the Subcommittee on Trade. (All Actions)|
This bill has the status Introduced
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Subject — Policy Area:
- Foreign Trade and International Finance
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Summary: H.R.1039 — 109th Congress (2005-2006)All Bill Information (Except Text)
Introduced in House (03/02/2005)
New Shipper Review Amendment Act of 2005 - Amends the Tariff Act of 1930 with respect to reviews by the administering authority to establish an individual weighted average dumping margin or an individual countervailing duty rate (as the case may be) for a new exporter or producer that: (1) did not export the merchandise that was the subject of an antidumping duty or countervailing duty order to the United States during the period of investigation; and (2) was not affiliated with any exporter or producer who did.
Suspends, until three years after enactment of this Act, the requirement that the administering authority direct the Customs Service to allow, at the option of the importer of such merchandise, the posting, until completion of the review, of a bond or security in lieu of a cash deposit for each entry of the subject merchandise (bonding privileges).