Bill Would Exempt Customs Brokers From Duty Liability Amid Importer Bankruptcies

Congress posted the text of the Customs Business Fairness Act. Introduced by New York Reps. Peter King (R) and Gregory Meeks (D) on Dec. 14, H.R. 4657 would provide relief to customs brokers for duties paid on behalf of importers who declare bankruptcy (see 1712180053).