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Easier Recovery of Customs Duties in Bankruptcy Cases.

This act aims to make it easier for companies and individuals who paid customs duties on behalf of someone else to recover those funds in case of the debtor's bankruptcy. This change increases their chances of getting their money back, potentially improving financial stability in trade relationships.
Key points
Amends bankruptcy law to allow creditors to recover customs duties paid on behalf of a debtor.
New rules apply to bankruptcy cases initiated after the law takes effect.
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Expired
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Additional Information
Print number: 117_HR_4816
Sponsor: Rep. Garbarino, Andrew R. [R-NY-2]
Process start date: 2021-07-29
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Customs Business Fairness Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_4816.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-07-29.

What are the main provisions?

Key points include:

  • Amends bankruptcy law to allow creditors to recover customs duties paid on behalf of a debtor.
  • New rules apply to bankruptcy cases initiated after the law takes effect.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Garbarino, Andrew R. [R-NY-2].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Courts and Law Economy