Bill > HR3363

This bill introduces a new tax on cargo that is first unloaded in Canada or Mexico and then transported into the United States, effectively targeting what the legislation calls "United States-bound circumvented cargo." Specifically, the bill imposes a tax of 0.125% on the total value of such cargo, as determined by U.S. customs valuation standards. The tax would be paid by the cargo's importer at the time the cargo enters the United States, and applies to various modes of transportation including rail, highway, airport, and inland port. The definition of circumvented cargo includes both intact intermodal cargo and cargo that has been modified, assembled, or consolidated in Canada or Mexico before entering the U.S. The tax would be implemented through an amendment to the Internal Revenue Code, with the Secretary of the Treasury responsible for issuing regulations to enforce the new provision. The bill is set to take effect for cargo entering the United States after December 31, 2025, giving importers and logistics companies time to prepare for the new tax requirement.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/3363/all-info