Sponsors (4)
The bill delivers retroactive interest distributions and a near-term payment schedule for prior CDOSA recipients using an existing Treasury account to avoid new appropriations, but it shifts fiscal cost to taxpayers, creates administrative burdens, and limits eligibility in ways that may leave some claimants excluded.
Importers and prior CDOSA recipients — including many small-business owners and some financial institutions — will receive pro rata distributions of interest collected on antidumping/countervailing duties dating back to Oct 1, 2000, providing direct cash payments to eligible parties.
CBP must complete initial distributions for interest realized on or after Oct 1, 2010 within 210 days, giving eligible recipients a clear, near-term timeline for receiving payments and reducing payment uncertainty.
The bill uses an existing Treasury account ('Refund of Moneys Erroneously Received and Covered') to fund implementation, avoiding an immediate new appropriation and enabling quicker disbursement of funds.
Taxpayers will indirectly bear the fiscal cost because Treasury funds are diverted to make distributions, reducing funds available for other priorities or requiring offsets elsewhere in government budgets.
CBP and Treasury will incur additional administrative burdens to identify eligible recipients, process certifications, and aggregate distributions, which could delay payments, increase implementation costs, and strain federal employees.
Only prior CDOSA recipients who timely certify and meet the older eligibility rules can receive payments, excluding other claimants and creating fairness and access concerns for small businesses that miss deadlines or previously did not qualify.
Based on analysis of 2 sections of legislative text.
Expands the period for distributable duty interest back to Oct 1, 2000 and orders special pro rata distributions to prior CDOSA recipients, funded from a specified Treasury refund account.
Introduced February 4, 2026 by James Varni Panetta · Last progress February 4, 2026
Changes the law that governs how interest on antidumping and countervailing duties is treated for distribution to prior recipients. It expands the period for which interest may be treated as distributable back to October 1, 2000, requires U.S. Customs and Border Protection (CBP) to fund implementation from a specified Treasury refund account, and directs CBP to make special distributions of interest realized before enactment to persons who previously received distributions under the Continued Dumping and Subsidy Offset Act (CDOSA) and who timely certify eligibility.