summary
Introduced
04/14/2015
04/14/2015
In Committee
04/21/2015
04/21/2015
Crossed Over
Passed
Dead
01/03/2017
01/03/2017
Introduced Session
114th Congress
Bill Summary
Residue Entries and Streamlining Trade Act This bill amends the Harmonized Tariff Schedule of the United States to exempt from duty treatment the residue of bulk cargo contained in instruments of international traffic previously exported from the United States. The following terms are defined: "residue" means material of bulk cargo, of no or de minimis value, that remains in an instrument of international traffic after a certain amount of the bulk cargo is removed; "bulk cargo" means cargo that is unpackaged and is in either solid, liquid, or gaseous form; and "instruments of international traffic" means certain reusable containers or holders (i.e. lift vans, cargo vans, shipping tanks, skids, pallets, caul boards, and cores for textile fabrics) arriving (whether loaded or empty) for use in the shipment of merchandise in international traffic, as well as any additional articles that the Commissioner of U.S. Customs and Border Protection designates as instruments of international traffic.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (4)
Last Action
Referred to the Subcommittee on Trade. (on 04/21/2015)
Official Document
bill text
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bill summary
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