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Import Duty Refunds and Trade Tariff Notice Changes

This act allows importers to claim refunds for additional duties paid on certain European Union products in 2019 and 2021. It also requires a 60-day advance notice before new retaliatory tariffs are imposed, giving businesses more time to prepare for changes. This aims to support retailers and importers by reducing their financial burdens.
Key points
Importers can request refunds for extra duties paid on EU goods during specific periods in 2019 and 2021.
A 60-day advance notice is now required before new retaliatory tariffs take effect, allowing businesses to adjust.
U.S. Customs and Border Protection must create a refund application process within 90 days of the act's enactment.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_S_5161
Sponsor: Sen. Menendez, Robert [D-NJ]
Process start date: 2022-12-01
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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

FAIR TARIFF Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_5161.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-12-01.

What are the main provisions?

Key points include:

  • Importers can request refunds for extra duties paid on EU goods during specific periods in 2019 and 2021.
  • A 60-day advance notice is now required before new retaliatory tariffs take effect, allowing businesses to adjust.
  • U.S. Customs and Border Protection must create a refund application process within 90 days of the act's enactment.
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 Sen. Menendez, Robert [D-NJ].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Taxes