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Fighting Trade Cheats Act of 2023

Source: Congress.gov  ·  2,069 words in original text
This bill increases financial penalties for people who commit customs fraud or gross negligence (carelessness that shows extreme lack of care) when importing goods into the United States. The bill also allows private businesses to sue people who commit customs fraud, and prevents people convicted of these violations from importing goods for a set period of time.
Importers (people bringing goods into the US), their affiliated companies (businesses they own or control), businesses that make or sell competing goods in the US, labor unions representing workers in those industries, and trade associations representing those businesses.
- People who commit fraudulent customs violations must pay a penalty equal to three times the value of the goods imported, and cannot import merchandise for five years after a final court judgment (Sec. 2) - People who commit grossly negligent customs violations must pay a penalty equal to three times the value of the goods imported, and cannot import merchandise for two years after a final court judgment (Sec. 2) - Private businesses harmed by customs fraud can sue the violator in federal court and recover their losses plus three times that amount in additional penalty, plus their lawyer fees and court costs (Sec. 3) - If someone buys from multiple related companies that violated customs laws, the law assumes that buyer knew about the violation when buying from the second and later companies (Sec. 2) - People convicted of customs fraud or gross negligence, and their affiliated companies, cannot participate in the importer of record program (Sec. 4)
The penalties for fraudulent and grossly negligent customs violations increase substantially. Courts can now ban violators from importing goods for years. Private businesses gain the right to sue customs violators directly in federal court without waiting for government action. The importer of record program (a system allowing businesses to import goods) becomes closed to anyone convicted of these violations and their related companies.
"Affiliated person" means a person with a formal ownership or control relationship as defined in section 771(33) of the Tariff Act of 1930 (Sec. 4). "Interested party" means a US manufacturer, producer, or wholesaler of similar goods, a certified labor union representing workers in that industry, or a trade association whose members make similar goods (Sec. 3). "Competing merchandise" means goods that compete with or are substitutes for illegally imported merchandise (Sec. 3). "Like merchandise" means goods that are the same as, or most similar to, illegally imported merchandise (Sec. 3).
Not specified in bill text
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.