(Office of Rep. Kenny Marchant)
U.S. Congressmen Kenny Marchant (R-TX-24) and Ron Kind (D-WI-03) have introduced H.R. 1773, the Residue Entries and Streamlining Trade (REST) Act of 2015. The legislation would remove an onerous Customs and Border Protection (CBP) requirement and help streamline international trade.
Specifically, the REST Act would remove a U.S. Customs and Border Protection ruling that requires inbound cargo entries holding trace residue from the transported product to be classified and processed before the truck, rail, or ship can be considered empty and released. This would apply to all liquid or dry bulk commodities, such as wood chips and corn syrup, and impede efficient trade flows.
“Customs and Border Protection’s residue ruling piles on layers of bureaucracy without any related security benefits,” said Congressman Marchant. “If fully enforced, it would add millions of dollars in compliance costs for businesses, create uncertainty for shippers, and lead to greater congestion at our borders. That’s why I have introduced the REST Act. This legislation would block CBP’s ruling, harmonize trade practices at our borders, and expand economic freedom. Click here to read more.