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Transportation Bill Signed into Law July 6

President Barack Obama signed HR-4348, which extends funding for surface transportation programs for two years, during a July 6 ceremony with construction workers, the White House said in a press release. The legislation includes some new financial requirements for domestic transport brokers but largely exempts brokers dealing with international trade.

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Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

(See ITT's Online Archives 12070241 for summary of the bill's approval in Congress. See ITT's Online Archives 12070325 for summary of the legislation's effect on customs brokers.)