§4401 Inclusion of interest in certain distributions of antidumping duties and countervailing duties

Summary

The Secretary of Homeland Security must put certain interest payments into a special account set up under section 1675c(e) so that the interest can be included in distributions made on or after February 24, 2016. The distributions covered are antidumping and countervailing duties that were assessed on or after October 1, 2000, for merchandise entered on or before September 30, 2007, and that on December 8, 2010 were unliquidated, not in litigation, and not under a Department of Commerce liquidation order. The interest to be deposited is interest earned on those duties when U.S. Customs and Border Protection receives a payment on or after October 1, 2014 tied to a customs bond because of a court order or a settlement (including payments by a surety). It includes interest under sections 1677g and 1505(d) and court-awarded equitable interest or interest under section 580 against a surety. Antidumping duties means duties under section 1673 or the Antidumping Act of 1921. Countervailing duties means duties under section 1671.