Disapproving the rule submitted by the Department of Commerce relating to "Procedures Covering Suspension of Liquidation, Duties and Estimated Duties in Accord With Presidential Proclamation 10414".
Source: Congress.gov ·
229 words in original text
Summary
# H.J. RES. 22 Plain English Summary
## WHAT THIS BILL DOES
Congress disapproves a rule created by the Department of Commerce. The rule dealt with procedures for suspending liquidation (the process of settling accounts and converting assets to cash), duties (taxes on imports), and estimated duties in relation to Presidential Proclamation 10414. If this joint resolution passes, that rule will have no force or effect (meaning it cannot be enforced or implemented).
## WHO IT AFFECTS
The Department of Commerce is directly affected. Importers, traders and businesses that deal with tariffs and import duties may be indirectly affected by whether this rule can operate.
## KEY PROVISIONS
* Congress disapproves the Department of Commerce rule relating to "Procedures Covering Suspension of Liquidation, Duties and Estimated Duties in Accord With Presidential Proclamation 10414" and the rule shall have no force or effect (Section 1)
## WHAT CHANGES
If this resolution becomes law, the Department of Commerce rule about suspension of liquidation and duties procedures related to Presidential Proclamation 10414 will be disapproved and cannot be enforced.
## IMPORTANT DEFINITIONS
None defined in bill text.
## EFFECTIVE DATE
Not specified in bill text.
Important: This plain English summary was generated by AI and is provided for informational purposes only.
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