H.R. 1294 · 109th Congress

Customs Business Fairness Act of 2005

Stage
In committee
Introduced
2005-03-15
Latest action
2005-04-04 · Referred to the Subcommittee on Commercial and Administrative Law.

Summary

Customs Business Fairness Act of 2005 - Amends Federal bankruptcy law governing priority among claims and expenses to place in the tenth order of priority allowed unsecured claims for duties, taxes, or other charges paid to the U.S. Customs Service by customs brokers and sureties on behalf of the debtor arising out of the importation of merchandise entered for consumption within one year before the date of the filing of the petition in bankruptcy.