New Shipper Review Amendment Act of 2005

New Shipper Review Amendment Act of 2005 - Amends the Tariff Act of 1930 with respect to reviews by the administering authority to establish an individual weighted average dumping margin or an individual countervailing duty rate (as the case may be) for a new exporter or producer that: (1) did not export the merchandise that was the subject of an antidumping duty or countervailing duty order to the United States during the period of investigation; and (2) was not affiliated with any exporter or producer who did.

Suspends, until three years after enactment of this Act, the requirement that the administering authority direct the Customs Service to allow, at the option of the importer of such merchandise, the posting, until completion of the review, of a bond or security in lieu of a cash deposit for each entry of the subject merchandise (bonding privileges).

[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1039 Introduced in House (IH)]






109th CONGRESS
  1st Session
                                H. R. 1039

         To suspend temporarily new shipper bonding privileges.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 2, 2005

Mr. Pickering (for himself, Mr. Berry, Mr. Nunes, Mr. Holden, Mr. Moran 
 of Kansas, and Ms. Herseth) introduced the following bill; which was 
              referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
         To suspend temporarily new shipper bonding privileges.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``New Shipper Review Amendment Act of 
2005''.

SEC. 2. TEMPORARY SUSPENSION OF NEW SHIPPER BONDING PRIVILEGES.

    Clause (iii) of section 751(a)(2)(B) of the Tariff Act of 1930 (19 
U.S.C. 1675(a)(2)(B)(iii)) shall not be effective during the 3-year 
period beginning on the date of the enactment of this Act.

SEC. 3. REPORT TO CONGRESS.

    Not later than 2 years after the date of the enactment of this Act, 
the Secretary of Commerce, in consultation with the Secretary of the 
Treasury, the United States Trade Representative, and the Commissioner 
of Customs and Border Protection, shall submit to the Committee on 
Finance of the Senate and the Committee on Ways and Means of the House 
of Representatives a report containing--
            (1) recommendations on whether the suspension of the 
        effectiveness of section 751(a)(2)(B)(iii) of the Tariff Act of 
        1930 should be extended beyond the date provided in section 2 
        of this Act; and
            (2) assessments of the effectiveness of any administrative 
        measures that have been implemented to address the difficulties 
        giving rise to section 2 of this Act, including--
                    (A) problems in assuring the collection of 
                antidumping duties on imports from new shippers;
                    (B) administrative burdens imposed on the 
                Department of Commerce by new shipper reviews; and
                    (C) the use of the bonding privilege by importers 
                from new shippers to circumvent the effect of 
                antidumping duty orders.
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