MTB reform

Senate Approves FASA-Supported MTB Reform Legislation, Obama Expected to Sign into Law Shortly

By | Washington Newsline | No Comments

On May 10, the Senate unanimously approved FASA-supported legislation to create a process for considering bills that would temporarily reduce or eliminate duties (up to $500,000) on products that are no longer made in the U.S. The legislation (H.R. 4923) would create a process for Congress to consider Miscellaneous Tariff Bills (MTBs) – legislation through which companies have reduced duties on a variety of certain fashion items over the years. President Barack Obama is expected to sign the legislation into law shortly.

 

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House Approves FASA/Gemini-Supported MTB Reform Legislation, Senate Vote Expected Shortly

By | Washington Newsline | No Comments

On April 27, the U.S. House of Representatives approved FASA/Gemini-supported legislation to create a process for considering bills that would temporarily reduce or eliminate duties (up to $500,000) on products that are no longer made in the U.S. The legislation (H.R. 4923) would create a process for Congress to consider Miscellaneous Tariff Bills (MTBs) – legislation through which FASA/Gemini members have successfully reduced duties on a variety of fashion accessories and footwear over the years. The Senate is expected to vote on the measure shortly after it returns from recess on May 9.

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