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Trade Facilitation and Trade Enforcement Act of 2015 1 (May 12, 2015)

handle is hein.congrec/cbo2266 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE May 12, 2015 Trade Facilitation and Trade Enforcement Act of 2015 As ordered reported by the Senate Committee on Finance on April 22, 2015 SUMMARY The Trade Facilitation and Trade Enforcement Act of 2015 would amend various trade statutes with the goal of strengthening agency enforcement efforts and improving the efficiency of the regulatory process. The bill would: * Establish the Trade Enforcement Trust Fund to, among other things, support countries that are parties to a free trade agreement with the United States in implementing commitments under those agreements; * Increase the funds available for distribution to eligible parties under the Continued Dumping and Subsidy Offset Act (CDSOA); * Extend the authority to collect and increase the rate of certain customs user fees; * Improve the claims process for refunds on duties paid for certain imported merchandise and increase the minimum value of goods for which duties must be paid; * Deny passport applications, and allow existing passports to be revoked, for individuals with certain tax debt; * Authorize the appropriation of $154 million annually over the 2016-2018 period for the Automated Commercial Environment program in Customs and Border Protection (CBP); * Require CBP to improve and expand several trade regulation programs; and * Require employers to report on the occupational classification of employees on a quarterly basis and require the Department of Labor to make that information available to state and federal agencies.

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