Sponsors (6)
The bill returns accumulated interest to importers and prior CDSOA recipients—boosting cash for affected businesses—while tapping a Treasury account to do so, which may reallocate funds away from other taxpayer-funded priorities.
Importers and prior CDSOA recipients (including small-business owners) will receive pro rata distributions of accumulated interest from antidumping and countervailing duties, increasing their cash receipts.
The Treasury account 'Refund of Moneys Erroneously Received and Covered' will fund these distributions, potentially diverting funds from other Treasury uses and imposing opportunity costs on taxpayers.
Based on analysis of 2 sections of legislative text.
Directs CBP to distribute previously collected AD/CVD interest back to prior CDSOA recipients, extending covered interest back to Oct 1, 2000, with certification rules and set deadlines.
Introduced December 17, 2025 by John Thune · Last progress December 17, 2025
Amends federal treatment of interest collected by U.S. Customs and Border Protection (CBP) on antidumping and countervailing duty (AD/CVD) collections by extending the covered interest period back to October 1, 2000 and directing CBP to make a one-time special distribution of all such interest realized for fiscal years ending before enactment to persons who previously received Continued Dumping and Subsidy Offset Act (CDSOA) distributions. The bill requires a CBP Federal Register notice, a CBP-determined certification and eligibility check, use of a specified Treasury account to fund implementation, and firm deadlines for distributions (payments for interest on/after Oct 1, 2010 no later than 210 days after enactment; payments for interest from Oct 1, 2000–Sept 30, 2010 no later than 210 days after the earlier distribution).