Bill > S989

This bill, titled the Residue Entries and Streamlining Trade Act, amends the Harmonized Tariff Schedule of the United States to exempt from import duties any residue of bulk cargo that remains in containers or holders used for international shipping, known as "instruments of international traffic," provided these instruments were previously exported from the United States. Specifically, it defines "residue" as material left from unpackaged cargo (solid, liquid, or gaseous) that does not exceed 7 percent by weight or volume and has minimal value. "Instruments of international traffic" are defined broadly to include reusable shipping containers, tanks, pallets, and other items designated by U.S. Customs and Border Protection, and the exemption applies to such residue when these instruments are re-imported into the U.S. after having been previously exported.