Bill

Bill > S3543


US S3543

US S3543
Trade Cheating Restitution Act of 2025


summary

Introduced
12/17/2025
In Committee
12/17/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A bill to amend the Trade Facilitation and Trade Enforcement Act of 2015 to modify the description of interest for purposes of certain distributions of antidumping duties and countervailing duties and to authorize a special distribution of those amounts, and for other purposes.

AI Summary

This bill, titled the "Trade Cheating Restitution Act of 2025," aims to modify how certain duties collected by U.S. Customs and Border Protection are distributed and to authorize a special distribution of accumulated interest. Specifically, it amends the Trade Facilitation and Trade Enforcement Act of 2015 by changing the timeframe for when U.S. Customs and Border Protection collected these duties, moving the starting point from October 1, 2014, to October 1, 2000. Antidumping duties and countervailing duties are financial penalties imposed on imported goods that are sold at less than their fair market value (dumping) or that benefit from foreign government subsidies. The bill also establishes a special distribution process for all interest earned on these duties collected before the bill's enactment, provided that recipients had previously received distributions under the now-repealed Continued Dumping and Subsidy Offset Act of 2000 and meet new eligibility requirements. This interest will be aggregated by specific duty orders and distributed proportionally to eligible individuals or entities, with different deadlines for interest earned after October 1, 2010, and for interest earned between October 1, 2000, and September 30, 2010.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

Read twice and referred to the Committee on Finance. (on 12/17/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...