To amend title 11, United States Code, to establish a priority for the payment of claims for duties paid to the United States by licensed customs brokers and sureties on behalf of a debtor.
Customs Business Fairness Act of 2005 - Amends Federal bankruptcy law governing priority among claims and expenses to place in the tenth order of priority allowed unsecured claims for duties, taxes, or other charges paid to the U.S. Customs Service by customs brokers and sureties on behalf of the debtor arising out of the importation of merchandise entered for consumption within one year before the date of the filing of the petition in bankruptcy.
Introduced in House
Introduced in House
Referred to the House Committee on the Judiciary.
Referred to the Subcommittee on Commercial and Administrative Law.
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