Bill Summary
This legislation, called the "Basketball Tariff Relief Act", proposes to permanently remove tariffs (import taxes) on basketballs imported into the United States. It will amend the Harmonized Tariff Schedule, which is a comprehensive list of tariffs and taxes on various goods. The amendment will add a new subheading for basketballs with a duty-free status, and make necessary changes to existing subheadings and chapters related to this change. This legislation will take effect 15 days after it is enacted by the Senate and House of Representatives.
Possible Impacts
1. Basketball manufacturers - This legislation would likely have a positive impact on people who manufacture basketballs, as it would eliminate the 30% duty on imported basketballs and make the process of importing them easier and more affordable.
2. Basketball players and fans - With the elimination of the duty on imported basketballs, players and fans may see a decrease in the cost of basketballs, making it more accessible and affordable for them to purchase.
3. Government revenue - The government may see a decrease in revenue from the elimination of the duty on imported basketballs, as they will no longer be collecting the 30% duty on these items. This could potentially affect the government's ability to fund certain programs or initiatives.
[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8773 Introduced in House (IH)]
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116th CONGRESS
2d Session
H. R. 8773
To amend the Harmonized Tariff Schedule of the United States to provide
for permanent duty-free treatment on imports of basketballs.
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IN THE HOUSE OF REPRESENTATIVES
November 18, 2020
Mr. Guthrie introduced the following bill; which was referred to the
Committee on Ways and Means
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A BILL
To amend the Harmonized Tariff Schedule of the United States to provide
for permanent duty-free treatment on imports of basketballs.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. PERMANENT DUTY-FREE TREATMENT ON IMPORTS OF BASKETBALLS.
(a) In General.--Chapter 95 of the Harmonized Tariff Schedule of
the United States is amended by inserting in numerical sequence the
following new subheading, with the article description having the same
degree of indentation as the article description for subheading
9506.62.40:
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``9506.62.70 Basketballs Free................ .................... 30%''.
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(b) Conforming Amendments.--
(1) Chapter 95 of the Harmonized Tariff Schedule of the
United States, as amended by subsection (a), is further
amended--
(A) by redesignating subheading 9506.62.80 as
subheading 9506.62.81; and
(B) in subheading 9506.62.81, as redesignated by
subparagraph (A), by striking subheading 9506.62.81.20.
(2) Subchapter II of chapter 99 of the Harmonized Tariff
Schedule of the United States is amended by striking headings
9902.17.75, 9902.17.76, and 9902.17.77.
(c) Effective Date.--The amendment made by subsection (a) applies
to articles entered, or withdrawn from warehouse for consumption, on or
after the 15th day after the date of the enactment of this Act.
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