House BillHR 5955Foreign Trade and International Finance
BIS License Fee Prohibition Act
INTRO NOV 7· LAST ACTION NOV 7
READING
3MIN
COSPONSORS
1
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8
Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-written
Voters should care about this bill because it aims to reduce the costs and regulatory burden on American businesses that export goods. If passed, it could make it cheaper for companies to send their products to international markets, potentially boosting their competitiveness and growth. It also addresses a constitutional principle against taxes on exports and aims to correct what some see as an existing violation of current law, ensuring the government does not collect fees that are already prohibited. If it doesn't pass, businesses will continue to pay these fees, which could impact their bottom line and potentially make American exports less competitive internationally.
KEY PROVISIONS
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PROVISION 01
Prohibits the Federal Government from collecting any fees, revenue-sharing, or other monetary arrangements for export licenses or authorizations after the bill becomes law.
This makes it free for businesses to obtain export licenses, reducing their operational costs for international trade.
PROVISION 02
Requires the Federal Government to return any fees previously collected for export licenses to the license holder within 30 days of the bill's enactment.
This provides financial compensation to businesses that have already paid these fees, correcting past collections.
PROVISION 03
Clarifies that no funds collected for export licenses, whether before or after the bill's enactment, can be used for any purpose other than being returned to the license holder.
This ensures that past collected fees are specifically earmarked for refunds and cannot be absorbed into general government budgets.
PROVISION 04
States that nothing in the bill should be interpreted to authorize any new export fees, specifically on semiconductors, or to suggest such fees are constitutional.
This preempts future attempts to introduce export fees and reinforces the constitutional and legal prohibitions against them.
Voters should care about this bill because it aims to reduce the costs and regulatory burden on American businesses that export goods. If passed, it could make it cheaper for companies to send their products to international markets, potentially boosting their competitiveness and growth. It also addresses a constitutional principle against taxes on exports and aims to correct what some see as an existing violation of current law, ensuring the government does not collect fees that are already prohibited. If it doesn't pass, businesses will continue to pay these fees, which could impact their bottom line and potentially make American exports less competitive internationally.
KEY PROVISIONS
AI-extracted
high
Prohibits the Federal Government from collecting any fees, revenue-sharing, or other monetary arrangements for export licenses or authorizations after the bill becomes law.
This makes it free for businesses to obtain export licenses, reducing their operational costs for international trade.
high
Requires the Federal Government to return any fees previously collected for export licenses to the license holder within 30 days of the bill's enactment.
This provides financial compensation to businesses that have already paid these fees, correcting past collections.
med
Clarifies that no funds collected for export licenses, whether before or after the bill's enactment, can be used for any purpose other than being returned to the license holder.
This ensures that past collected fees are specifically earmarked for refunds and cannot be absorbed into general government budgets.
med
States that nothing in the bill should be interpreted to authorize any new export fees, specifically on semiconductors, or to suggest such fees are constitutional.
This preempts future attempts to introduce export fees and reinforces the constitutional and legal prohibitions against them.
Not later than 30 days after the date of enactment
The Secretary of Commerce shall return to or pay the holder of each applicable license or other authorization the full amount collected.
GLOSSARY
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Export License
A permit issued by the government that allows a person or company to send specific goods, technologies, or software from one country to another.
Dual-use Technologies
Items, software, or technology that can be used for both civilian purposes (like in consumer products) and military applications.
Export Control Reform Act of 2018
A federal law that updated the rules and regulations governing what items and technologies can be exported from the United States, usually for national security or foreign policy reasons.
Obligation (of funds)
When the government commits to spending money, for example, by signing a contract or making a payment, setting aside funds for a specific purpose.
Secretary of Commerce
The head of the U.S. Department of Commerce, which is responsible for promoting economic growth and opportunity.
ACTION TIMELINE
2 EVENTS
NOV 7, 25
Introduced in House
INTROREFERRAL
NOV 7, 25
Referred to the House Committee on Foreign Affairs.