Treasury Dept. Issues Fall Regulatory Agenda for CBP
The Treasury Department published its fall 2015 regulatory agenda for CBP (here), which lists no new trade-related rulemakings. The agenda lists Treasury's CBP rulemakings that are pending at the proposed, interim final, final, and completed stages, as well as rulemakings that are long-term actions. The agenda lists the regulation title; past regulation(s), if any; the timeframe for the next regulatory action(s), if any; a brief description of the regulation; and a contact party name and telephone number. The Department of Homeland Security also issued its spring 2015 regulatory agenda for CBP (see 1511200014).
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Two previously included rulemakings, one on the relaxation of drawback documentation requirements and another on the disclosure of intellectual property rights information, are no longer included. CBP issued the drawback final rule in August (see 1508060015) and the IPR rule in September (see 1509170022). While it's still included on the regulatory agenda, CBP already issued an interim final rule on the Automated Commercial Environment (see 1510090017).
Agenda Highlights
Highlights of Treasury's CBP rulemakings are below. New items are marked with an asterisk (*).
| Regulation Title | Target Date |
|---|---|
| Proposed Rule Stage | |
| International Travel Merchandise | 06/16 |
| North American Free Trade Agreement Preference Override | 06/16 |
| Interim Rule/Final Rule Stage | |
| United States-Caribbean Basin Trade Partnership Act and Caribbean Basin Initiative | 06/16 |
| Dog and Cat Protection Act | 06/16 |
| Trade Benefits Under the Caribbean Basin Economic Recovery Act | 06/16 |
| United States-Singapore Free Trade Agreement | 06/16 |
| CBP's Bond Program | 02/16 |
| United States-Australia Free Trade Agreement | 03/16 |
| Changes to the In-Bond Process | 01/16 |
| Establishment of Due Process Procedures on License-Like Processes | 06/16 |
| Automated Commercial Environment (ACE) Required for Electronic Entry/Entry Summary (Cargo Release and Related Entry) Filings | 11/15 |