,,ii #aah? ,,congress #a/ ,session ,s4 #bjjd ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,june #ae1 #bjbc,mr4 ,br[n 7= himself & ,mr4 ,rubio7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to am5d ! ,t>iff ,act ( #aicj relat+ to de m9imis treatm5t "u t ,act4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,import ,security & ,fairness ,act4 #b4 ,additional exceptions to exemptions = de m9imis treatm5t "u ! ,t>iff ,act ( #aicj ,section #cba ( ! ,t>iff ,act ( #aicj 7#ai ,u4,s4,c4 #acba7 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 9 ! matt] prec$+ p>agraph 7#a71 by /rik+ 7a7 ,! ,secret>y & ins]t+ 7a7 ,9 g5]al4--,! ,secret>y2 7,b7 9 p>agraph 7#b77;,c71 by /rik+ #hjj & ins]t+ except z provid$ 9 subsection 7b77#a71 #hjj2 & 7,c7 9 ! matt] foll[+ su* p>agraph 7#b77;,c71 z s am5d$1 by /rik+ subdivision 7#b7 ea* place x appe>s & ins]t+ p>agraph2 & 7#b7 by /rik+ 7b7 ,! ,secret>y & ins]t+ ! foll[+3 7b7 ,exceptions 7#a7 ,9 g5]al ,an article may n be admitt$ free ( duty or tax "u ! au?ority provid$ by subsection 7a77#b77;,c7 if ! c\ntry ( orig9 ( su* article1 or ! c\ntry f :i* su* article is %ipp$1 is-- 7,a7 a nonm>ket economy c\ntry 7z su* t]m is def9$ 9 section #gga7ah772 & 7,b7 a c\ntry includ$ 9 ! priority wat* li/ 7z su* t]m is def9$ 9 section #ahb7;g77#c7 ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #bbdb7;g77#c7774 7#b7 ,o!r exceptions ,! ,secret>y 4 #c4 ,additional adm9i/rative provisions relat+ to de m9imis treatm5t "u ! ,t>iff ,act ( #aicj 7a7 ,adm9i/rative exemptions ,section #cba ( ! ,t>iff ,act ( #aicj 7#ai ,u4,s4,c4 #acba71 z am5d$ by section #b1 is fur!r am5d$ by add+ at ! end ! foll[+3 7c7 ,submission ( docum5tation & in=mation 7#a7 ,9 g5]al ,= any articles t may qualify = an adm9i/rative exemption pursuant to subsection 7a77#b71 ! ,secret>y ( ! ,treasury %all1 n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ! ,import ,security & ,fairness ,act1 prescribe regulations to require ! submission1 transmission1 or o!rwise mak+ available ( su* docum5tation or in=mation to ,u4,s4 ,cu/oms & ,bord] ,protection z ! ,secret>y det]m9es is reasonably necess>y = ,u4,s4 ,cu/oms & ,bord] ,protection to det]m9e ! eligibility ( su* articles to qualify = su* exemption4 7#b7 ,matt]s to be includ$ ,! regulations prescrib$ "u p>agraph 7#a7-- 7,a7 %all require t docum5tation or in=mation ) respect to an article describ$ 9 t p>agraph include1 at a m9imum-- 7i7 a description ( ! article2 7ii7 ! appropriate classification ( ! article "u ! ,h>moniz$ ,t>iff ,s*$ule ( ! ,unit$ ,/ates2 7iii7 ! c\ntry ( orig9 ( ! article2 7iv7 ! c\ntry f :i* ! article is %ipp$2 7v7 ! id5tity ( ! %ipp]2 7vi7 ! id5tity ( ! import]2 & 7vii7 ! transaction value ( ! article 9 ! ,unit$ ,/ates2 & 7,b7 may provide t su* docum5tation or in=mation include o!r docum5tation or in=mation reg>d+ ! (f] = sale or pur*ase1 or ! subsequ5t sale1 pur*ase1 transportation1 importation or w>eh\s+ ( an article describ$ 9 p>agraph 7#a71 includ+ su* docum5tation or in=mation relat+ to ! (f]+ ( ! article = sale or pur*ase 9 ! ,unit$ ,/ates ?r\gh a comm]cial or m>ket+ plat=m1 includ+ an electronic comm]cial or m>ket+ plat=m4 7#c7 ,v]acity ( docum5tation & in=mation 7,a7 ,9 g5]al ,! regulations prescrib$ pursuant to p>agraph 7#a7 %all provide t-- 7i7 ! docum5tation or in=mation describ$ 9 t p>agraph is true & correct to ! be/ ( ! k & belief ( ! p>ty submitt+1 transmitt+1 or o!rwise mak+ available su* docum5tation or in=mation1 subject to any p5alties au?oriz$ by law2 or 7ii7 if su* p>ty is n able to reasonably v]ify :e!r su* docum5tation or in=mation is true & correct to ! be/ ( ! k & belief ( ! p>ty1 su* docum5tation or in=mation may be submitt$1 transmitt$1 or o!rwise made available on ! basis ( :at ! p>ty reasonably believes to be true & correct4 7,b7 ,use = any lawful purpose ,su* docum5tation or in=mation may be us$ by ,u4,s4 ,cu/oms & ,bord] ,protection = any lawful purpose4 7#d7 ,civil p5alties ,any p]son :o violates ! regulations prescrib$ pursuant to p>agraph 7#a7 is liable = a civil p5alty ( #e1jjj = ! fir/ violation1 & #aj1jjj = ea* subsequ5t violation4 ,a p5alty impos$ "u ?is p>agraph is 9 addition to any o!r p5alty provid$ by law4 7d7 ,importations involv+ susp5d$ or deb>r$ p]sons ,! ,secret>y ( ! ,treasury is au?oriz$ to prescribe regulations to au?orize exceptions to any adm9i/rative exemption pursuant to subsection 7a7 = any articles ! importation ( :i* is caus$ or o!rwise facilitat$ by any p]son susp5d$ or deb>r$ f do+ bus9ess ) ! ,f$]al ,gov]nm5t at ! "t ( ! importation4 4 7b7 ,exam9ation ( m]*&ise ,section #dii7;c7 ( ! ,t>iff ,act ( #aicj 7#ai ,u4,s4,c4 #adii7;c77 is am5d$-- 7#a7 by /rik+ ! ,cu/oms ,s]vice ea* place x appe>s & ins]t+ ,u4,s4 ,cu/oms & ,bord] ,protection2 & 7#b7 9 p>agraph 7#b7-- 7,a7 9 ! fir/ s5t5ce1 by /rik+ ,! ,cu/oms ,s]vice & ins]t+ ! foll[+3 7,a7 ,9 g5]al ,u4,s4 ,cu/oms & ,bord] ,protection 2 7,b7 9 ! second s5t5ce-- 7i7 by /rik+ ,! & ins]t+ ! foll[+3 7,b7 ,in=mation to be includ$ ,! 2 & 7ii7 by r$esignat+ ! subsequ5t subp>agraphs 7,a71 7,b71 7,c71 7,d71 & 7,e7 z clauses 7i71 7ii71 7iii71 7iv71 & 7v71 respectively1 & mov+ su* clauses1 z r$esignat$1 #b ems to ! "r2 & 7,c7 by add+ at ! end ! foll[+3 7,c7 ,additional requirem5ts relat+ to m]*&ise t may qualify = c]ta9 adm9i/rative exemptions 7i7 ,9 g5]al ,9 a case 9 :i* ,u4,s4 ,cu/oms & ,bord] ,protection has made a decision to deta9 m]*&ise t may qualify = an adm9i/rative exemption pursuant to section #cba7;a77#b77;,c71 ,u4,s4 ,cu/oms & ,bord] ,protection %all issue su* notice to ea* p>ty t ,u4,s4 ,cu/oms & ,bord] ,protections det]m9es may h an int]e/ 9 ! deta9$ m]*&ise1 bas$ on in=mation reasonably available to ,u4,s4 ,cu/oms & ,bord] ,protection1 9 su* =m & mann] z ! ,secret>y ( ! ,treasury %all by regulation prescribe4 7ii7 ,volunt>y ab&onm5t ( m]*&ise ,9 ! case ( m]*&ise describ$ 9 clause 7i71 su* notice %all also advise ea* su* int]e/$ p>ty t1 9 lieu ( supply+ in=mation to ,u4,s4 ,cu/oms & ,bord] ,protection 9 accordance ) subp>agraph 7,b77v71 ! int]e/$ p>ties may volunt>ily ab&on ! m]*&ise4 7iii7 ,ab&onm5t or export due to lack ( response ,if ,u4,s4 ,cu/oms & ,bord] ,protection does n receive a response f ea* int]e/$ p>ty 9 m]*&ise describ$ 9 clause 7i7 )9 #cj days ( ! date on :i* su* notice is issu$ to ! int]e/$ p>ties1 ! m]*&ise may-- 7,i7 be d5i$ entry & be p]mitt$ to be export$1 ) ! import] responsible = pay+ all exp5ses ( exportation2 or 7,,ii7 be deem$ to be ab&on$1 9 :i* case title to su* m]*&ise %all be ve/$ 9 ! ,unit$ ,/ates & ! m]*&ise %all be dispos$ ( 9 accordance ) law4 4 #d4 ,effective date ,! am5dm5ts made by ?is ,act %all apply ) respect to articles ent]$1 or )drawn f w>eh\se = consumption1 on or aft] ! #ahj? day aft] ! date ( ! enactm5t ( ?is ,act4