DemocratBill · H.R. 1840· House(119-HR-1840)

Closing the De Minimis Loophole Act

Rep. Sánchez
Age: 57 years
California
Introduced
3/4/2025
Last activity
3/4/2025 — Referred to the House Committee on Ways and Means.
Sponsored by
Linda Sánchez
Cosponsors
Democrat - 2Republican - 0
Foreign Trade and International Finance
  1. Introduced
  2. In Committee

What this bill would do

The ``Closing the De Minimis Loophole Act'' aims to phase out de minimis treatment under the Tariff Act of 1930. It amends the Tariff Act to remove certain privileges regarding the entry of articles. Changes take effect immediately for articles originating in China, with some transit exceptions. For articles from other countries, the changes apply 120 days after the Act is enacted. The Secretary of the Treasury is tasked with creating new rules for entry procedures, data requirements, and penalties.

Yes

  • Does this raise the taxes companies pay?+5

    The bill removes de minimis tax exemptions, which will lead to the collection of duties and taxes on many previously exempt imports.

  • Does this make the government pay for what it commits to?+4

    The bill enhances the efficient and accurate collection of duties, fees, and taxes through new entry procedures.

  • Does this make what the government does easier for the public to see?+2

    The bill requires more detailed data and HTS identification for imported articles.

The opposite

  • Would business owners be better off under this?-4

    The bill imposes new documentation, data requirements, and potential penalties on importers.

  • Does this make trade with other countries easier?-3

    The bill increases the regulatory and documentation burden on entities making international entries.

  • Would households on low incomes be better off under this?-2

    The removal of de minimis treatment may lead to higher costs for low-priced goods imported by consumers.