Two customs user fee dates become December 31, 2031
What the document says“Section 503 of the United States-Korea Free Trade Agreement Implementation Act (Public Law 112-41;19 U.S.C. 3805 note) is amended by striking ``September 30, 2031'' and inserting ``December 31, 2031''.”
Subsection (b) of section 5019 makes the same date change in two places. It amends section 13031(j)(3) of the Consolidated Omnibus Budget Reconciliation Act of 1985, in subparagraphs (A) and (B)(i), and section 503 of the United States-Korea Free Trade Agreement Implementation Act, striking September 30, 2031 and inserting December 31, 2031.
What the document actually says“Section 503 of the United States-Korea Free Trade Agreement Implementation Act (Public Law 112-41;19 U.S.C. 3805 note) is amended by striking ``September 30, 2031'' and inserting ``December 31, 2031''.”
In one part of a trade law, cross out the old date. Write in December 31, 2031.
A user fee is what the customs office charges to handle goods. The fees were set to end in 2031. The end date moves by three months.
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