§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 the special account set up under section 1675c(e) and use that money for specific duty distributions starting on or after February 24, 2016. Those distributions are from antidumping and countervailing duties that were assessed on or after October 1, 2000, and that relate to merchandise entries made on or before September 30, 2007, which on December 8, 2010, were unliquidated, not in litigation, and not under a Commerce Department liquidation order. The interest covered is interest earned on those duties when a payment was applied on or after October 1, 2014, because of a customs bond payment ordered by a court or because of a settlement (including payments by a surety). It includes interest under sections 1677g and 1505(d), and equitable or common-law interest and interest under section 580 awarded by a court against a surety. Antidumping duties means duties under section 1673 or the Antidumping Act, 1921. Countervailing duties means duties under section 1671.