Thursday, July 24, 2014

Congress Fails To Pass MTB, But Key House Members File Combined Bill

Roughly 600 temporary duty suspensions expired on Jan. 1 as the 112th Congress failed to pass a miscellaneous tariff bill (MTB), but House Ways and Means Committee leaders the same day laid the groundwork for consideration of such legislation in 2013 by introducing an MTB package consisting of language agreed by both the Ways and Means and Senate Finance committees and vetted by the Obama administration and the International Trade Commission (ITC).


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