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US S805

US S805
Fighting Trade Cheats Act of 2023


summary

Introduced
03/15/2023
In Committee
03/15/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A bill to amend the Tariff Act of 1930 to increase civil penalties for, and improve enforcement with respect to, customs fraud, and for other purposes.

AI Summary

This bill, the Fighting Trade Cheats Act of 2023, amends the Tariff Act of 1930 to increase civil penalties for customs fraud and improve enforcement. Specifically, it establishes a presumption that a purchaser had knowledge of a customs violation by an affiliated seller, triples the domestic value penalty for fraudulent violations, prohibits persons who commit fraudulent or grossly negligent violations from importing merchandise for 5 and 2 years respectively, and allows private parties to bring civil actions against those who commit such violations. The bill also excludes persons found to have committed customs violations from participating in the Importer of Record program, which facilitates customs clearance.

Committee Categories

Budget and Finance

Sponsors (10)

Last Action

Read twice and referred to the Committee on Finance. (on 03/15/2023)

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