Cargo Security Act

Cargo Security Act - Declares that the purpose of this Act is to establish a program of coordinated Federal regulation designed to assure maximum security and safety of property moving in interstate and foreign commerce.

Title I: Cargo Security for Property Being Transported in Interstate and Foreign Commerce - Directs the Secretary of Transportation to establish such regulations as necessary to assure the security and safety of property under the control of any carrier while being transported in interstate or foreign commerce.

Sets forth a maximum civil penalty of $10,000 for violations of this title. Directs that any order of the Secretary assessing a civil penalty shall be subject to review by the United States Courts of Appeals in the circuit in which the violation occurred.

Stipulates that the United States district courts shall have jurisdiction to restrain violations of, or to enforce regulations established under this Act.

Requires the Secretary to annually submit to Congress reports relating to the administration of this Act and recommendations for legislation as the Secretary deems necessary to carry out the purposes of this title.

Title II: Customs Port Security - Directs the Secretary of the Treasury to issue by regulation such security and safety measures as may be necessary to protect and safeguard cargo at specified terminals.

Establishes a maximum civil penalty of $10,000 for violations of this title.

Requires the Secretary to submit an annual report to Congress recommending legislation the Secretary deems necessary to carry out this title.

Reduces the criminal penalty for affixing or defacing a customs seal and for maliciously entering a bonded warehouse from a fine of no more than $5,000 and/or imprisonment for no more than two years to a fine of no more than $1,000 and/or imprisonment for no more than one year.

Title III: Office of Cargo Security - Establishes within the Department of Transportation the Office of Cargo Security. Transfers to the Director of the Office the powers and duties of the Office of Transportation Security.

Specifies other responsibilities delegated to the Director.

Title IV: Interagency Council on Cargo Security - Establishes an Interagency Council on Cargo Security which shall identify and coordinate Federal department and agency actions relating to this Act.