Orrin Hatch: “The bill we will be voting on shortly contains a provision amending 19 U.S.C., section 1501, which relates to the…”

“The bill we will be voting on shortly contains a provision amending 19 U.S.C., section 1501, which relates to the liquidation of entries into the U.S. The provision in the conference report amending section 1501 is intended to ensure in cases where liquidation occurs by operation of law, the 90-day timeframe for the voluntary reliquidation of an entry by Customs and Border Protection begins on the date of the original liquidation. I would ask my colleague, Senator Wyden, the ranking member of the Finance Committee, if that is his understanding of this provision as well.”