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Changes in Antidumping Duty Distribution: Extended Restitution Period

This act modifies the rules for distributing antidumping and countervailing duties, extending the start date for interest calculation from 2014 to 2000. This means funds collected from these duties can be distributed for a longer period, potentially providing greater support to U.S. businesses harmed by unfair trade practices.
Key points
Extends the period for which businesses can receive restitution from antidumping and countervailing duties, from 2014 back to 2000.
Potentially larger financial distributions for U.S. companies affected by unfair imports.
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Additional Information
Print number: 117_HR_6254
Sponsor: Rep. Panetta, Jimmy [D-CA-20]
Process start date: 2021-12-13