Eighteen months after a senator launched a discussion draft on customs modernization (see 2111030035), the House Ways and Means Committee is beginning its examination of how to shape a bill to update CBP's authorities.
CBP's Commercial Customs Operations Advisory Committee (COAC) will next meet June 14 in Arlington, Virginia, CBP said in a notice. Comments are due in writing by June 9.
Senate Finance Committee Chairman Ron Wyden, D-Ore., said he'll use the 2021 trade title from the Senate China package as his committee works on its contribution to a second China package envisioned by Senate Majority Leader Chuck Schumer, D-N.Y., to address economic competition with China and to deter Chinese aggression toward Taiwan.
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NEW ORLEANS -- Much-anticipated customs modernization legislation likely won’t be introduced for at least another few months, but the National Customs Brokers & Forwarders Association of America’s legislative adviser isn’t worried about running out of time for Congress to pass it into law before the presidential election cycle, she said during a panel discussion April 26.
Changes to the de minimis statute, whether excluding China or changing the threshold, have gotten the most attention in Congress of any possible customs legislative change, but CBP says its 21st Century Customs Framework will not touch the issue.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
CBP, Trade Need Consensus to Get Through Short Window for 21CCF Customs Legislation, Ex-Staffer Says
With a short window for passing customs modernization legislation this year and uncertain prospects after that, it’s important that CBP and the trade community “stick the landing” of the 21st Century Customs Framework initiative and present a united front to Congress when a legislative proposal is submitted by CBP later this year, said John Drake, vice president-supply chain policy at the U.S. Chamber of Commerce.
The Commercial Customs Operations Advisory Committee intends to finalize its input on CBP’s 21st Century Customs Framework legislative initiative at an upcoming COAC meeting in June, CBP said in a document released ahead of the March 29 meeting of the advisory committee.
CBP's Commercial Customs Operations Advisory Committee (COAC) will next meet March 29 in Seattle, CBP said in a notice. Comments are due in writing by March 24.