US Law Would Place Fee on Trade

Titled Our Nation's Trade Infrastructure, Mobility and Efficiency Act of 2009 and referred to as the ON TIME Act, a bill sponsored by Ken Calvert (R-CA) would “direct the Secretary of Transportation to establish and collect a fee based on the fair market value of articles imported into the United States and articles exported from the United States in commerce and to use amounts collected from the fee to make grants to carry out certain transportation projects in the transportation trade corridors for which the fee is collected, and for other purposes.”

The bill has been referred to the Committee on Transportation and Infrastructure, the Committee on Ways and Means and the Committee on Foreign Affairs. The bill has one co-sponsor, Jesse Jackson Jr. (D-IL).

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