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Customs and Border Protection's Bond Program

customs-cbp · CBP · Rule · Published 2015-11-13 · Effective 2015-12-14 · 80 FR 70154

Document

Document number
2015-28503
Federal Register citation
80 FR 70154
CFR reference
19 CFR 101
Type
Rule
Action
Final rule.
Category
customs-cbp
Sub-agency
CBP
Publication date
2015-11-13
Effective date
2015-12-14
Treasury docket
CBP Dec. 15-15, USCBP-2006-0013

Abstract

This document adopts as a final rule, with changes, proposed amendments to the U.S. Customs and Border Protection (CBP) regulations that serve to centralize the processing of continuous bonds at CBP's Revenue Division within the Office of Administration. Upon consideration of comments received from the public in response to the proposed rulemaking, and in light of CBP's ongoing efforts concerning the development of electronic bonds, CBP has determined not to proceed at this time with certain proposed regulatory changes relating to the application, approval, and execution of bonds. CBP has also determined not to proceed with proposals relating to provisions that are the subject of other rulemakings currently under inter-departmental review. In the notice of proposed rulemaking, CBP used the terms "CBP-approved electronic data interchange system" and "electronic filing" to describe the manner by which continuous bonds may be submitted to CBP. In this final rule, these terms are clarified to reflect that continuous bonds may be scanned and submitted to CBP as an email attachment, or by facsimile. This document also amends the CBP regulations to allow for the filing of single transaction bonds pursuant to these methods. In this rulemaking, CBP also clarifies the CBP regulations to reflect that intellectual property rights sample bonds are posted to protect the importer or owner of the sample, and changes provisions of the international carrier bond regarding the payment of fees. Lastly, this final rule adopts non-substantive amendments to the regulations regarding nomenclature and organizational changes, including editorial changes to enhance general readability, and makes technical corrections to reflect statutory amendments.

Source

Authoritative
Federal Register document
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