Bill > HR3904

This bill, known as the "U.S. Bicycle Production and Assembly Act," aims to temporarily modify tariff rates for bicycle parts to encourage domestic bicycle manufacturing. Specifically, the bill creates a new tariff heading (9903.87.11) that allows duty-free entry for bicycle parts imported specifically for assembling or manufacturing complete bicycles in the United States. To qualify for this duty-free status, importers must certify to U.S. Customs and Border Protection (CBP) that the parts will be used to assemble bicycles using standard industry processes. The bill defines "parts of bicycles" as components classified under a detailed list of 33 specific 8-digit tariff headings and subheadings, which include items like tires, electrical components, chains, and various other bicycle-related parts. The bill sets ambitious goals of producing 2 million bicycles annually in the U.S. within 5 years and 5 million bicycles annually within 10 years. The U.S. International Trade Commission is required to submit a report after 5 years evaluating the effectiveness of these tariff changes in increasing domestic bicycle production. The provisions will be in effect for a 10-year period, and CBP is authorized to create rules for implementing the act.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/3904/all-info