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Congress Opens The Gates To The Introduction Of |
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On March 30, 2012, the House Ways and Means Committee and Senate Finance Committee issued a press release that the Miscellaneous Tariff Bill process will commence. This is the process whereby various miscellaneous tariff bills, typically involving duty suspension or reduction for a particular product, are amalgamated into a “Miscellaneous Tariff Bill,” often referred to as the “MTB.” To be considered for inclusion in the MTB, an individual tariff bill must be introduced by a Congressional representative by April 30, 2012. In addition, the individual bill must a) be non-controversial, and b) result in a loss of revenue not to exceed $500,000. The House Ways and Means Committee initiates the MTB process. Incorporated into the announcement was written guidance describing the MTB process, including the following:
Importers should take advantage of this unique opportunity because MTBs are not considered every year by Congress. If you require advice or assistance with regard to this process, please contact us as soon as possible. The deadline for introducing these bills is less than a month away. If you have any questions about this or other customs issues, please contact Steve Spraitzar at steve.spraitzar@tuttlelaw.com or at (415) 288‑0427. Stephen Spraitzar is an attorney with the Law Offices of George R. Tuttle in San Francisco.
The information in this article is general in nature, and is not intended to constitute legal advice or to create an attorney-client relationship with respect to any event or occurrence, and may not be considered as such. Copyright © 2012 by Tuttle Law Offices. All rights reserved. Information has been obtained from sources believed to be reliable. However, because of the possibility of human or mechanical error by our offices or by others, we do not guarantee the accuracy, adequacy, or completeness of any information and are not responsible for any errors, omissions, or for the results obtained from the use of such information.
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