H.R. 7373

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7373 Introduced in House (IH)]

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119th CONGRESS
2d Session
H. R. 7373

To amend the Trade Facilitation and Trade Enforcement Act of 2015 to 
modify the description of interest for purposes of certain 
distributions of antidumping duties and countervailing duties and to 
authorize a special distribution of those amounts, and for other 
purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

February 4, 2026

Mr. Panetta (for himself and Mr. Valadao) introduced the following 
bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

A BILL

To amend the Trade Facilitation and Trade Enforcement Act of 2015 to 
modify the description of interest for purposes of certain 
distributions of antidumping duties and countervailing duties and to 
authorize a special distribution of those amounts, and for other 
purposes.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Trade Cheating Restitution Act of 
2026''.

SEC. 2. MODIFICATION OF DESCRIPTION OF INTEREST FOR PURPOSES OF CERTAIN 
DISTRIBUTIONS OF ANTIDUMPING DUTIES AND COUNTERVAILING 
DUTIES AND SPECIAL DISTRIBUTION OF AMOUNTS.

(a) In General.--Section 605(c)(1) of the Trade Facilitation and 
Trade Enforcement Act of 2015 (19 U.S.C. 4401(c)(1)) is amended--
(1) by striking subparagraphs (A) and (B); and
(2) by striking ``October 1, 2014, by U.S. Customs and 
Border Protection under, or in connection with--'' and 
inserting ``October 1, 2000, by U.S. Customs and Border 
Protection.''.
(b) Funding.--In carrying out the amendments made by subsection 
(a), the Commissioner of U.S. Customs and Border Protection shall use 
amounts available for such purpose in the ``Refund of Moneys 
Erroneously Received and Covered'' account of the Department of the 
Treasury.
(c) Special Distribution of Amounts.--
(1) In general.--In carrying out the amendments made by 
subsection (a), all interest realized under section 605(c)(1) 
of the Trade Facilitation and Trade Enforcement Act of 2015 (19 
U.S.C. 4401(c)(1)), as amended by that subsection, for a fiscal 
year ending before the date of the enactment of this Act shall 
be subject to a special distribution carried out in accordance 
with this subsection.
(2) General notice.--The Commissioner of U.S. Customs and 
Border Protection shall publish a general notice in the Federal 
Register announcing the timing of the special distribution 
required under paragraph (1).
(3) Eligibility.--Each person seeking a special 
distribution under paragraph (1) must--
(A) have received at least one distribution under 
the Continued Dumping and Subsidy Offset Act of 2000 
(section 754 of the Tariff Act of 1930 (19 U.S.C. 
1675c; repealed by subtitle F of title VII of the 
Deficit Reduction Act of 2005 (Public Law 109-171; 120 
Stat. 154))) during a prior fiscal year;
(B) timely file a certification for the special 
distribution, as determined by the Commissioner of U.S. 
Customs and Border Protection; and
(C) meet the eligibility criteria contained in the 
Continued Dumping and Subsidy Offset Act of 2000 at the 
time of filing that certification.
(4) Distribution.--Interest specified under paragraph (1) 
shall be aggregated by antidumping duty or countervailing duty 
order or finding and distributed on a pro rata basis to persons 
eligible under paragraph (3) as follows:
(A) For interest realized on or after October 1, 
2010, as soon as possible following the date of the 
enactment of this Act but not later than the date that 
is 210 days after such date of enactment.
(B) For interest realized on or after October 1, 
2000, and on or before September 30, 2010, as soon as 
possible following the date of the enactment of this 
Act but not later than the date that is 210 days after 
the distribution under subparagraph (A).
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