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Trade Cheating Restitution Act of 2026
To amend the Trade Facilitation and Trade Enforcement Act of 2015 to modify the description of interest for purposes of certain distributions of antidumping duties and countervailing duties and to authorize a special distribution of those amounts, and for other purposes.
Summary
This bill authorizes a special one-time distribution of interest accumulated on antidumping and countervailing duties collected by U.S. Customs and Border Protection dating back to October 1, 2000. The interest distributions will be made pro rata to companies that previously received payments under the Continued Dumping and Subsidy Offset Act of 2000 and who meet the program's eligibility criteria. The distributions must be completed in two phases: interest from October 1, 2010 forward within 210 days of enactment, and interest from October 1, 2000 through September 30, 2010 within 210 days after the first distribution. The distributions will be funded from the Treasury's "Refund of Moneys Erroneously Received and Covered" account. Eligible companies must timely file certifications with U.S. Customs and Border Protection to participate.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
3 cosponsors
Money behind the sponsor
Top reported contributors to Jimmy Panetta’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $19,200
- NFP $15,500
- APOLLO GLOBAL MANAGEMENT $13,500
- ROCKET CENTRAL $12,000
- FOLKTALE WINERY $7,760
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Jimmy Panetta → · Outside spending →
Actions (2)
- Feb 4, 2026 Referred to the House Committee on Ways and Means. · house
- Feb 4, 2026 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE HOUSE OF REPRESENTATIVES
February 4, 2026
Mr. Panetta (for himself and Mr. Valadao) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Trade Facilitation and Trade Enforcement Act of 2015 to modify the description of interest for purposes of certain distributions of antidumping duties and countervailing duties and to authorize a special distribution of those amounts, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Trade Cheating Restitution Act of 2026”.
SEC. 2. MODIFICATION OF DESCRIPTION OF INTEREST FOR PURPOSES OF CERTAIN DISTRIBUTIONS OF ANTIDUMPING DUTIES AND COUNTERVAILING DUTIES AND SPECIAL DISTRIBUTION OF AMOUNTS.
(a) In General.—Section 605(c)(1) of the Trade Facilitation and Trade Enforcement Act of 2015 (19 U.S.C. 4401(c)(1)) is amended—
(1) by striking subparagraphs (A) and (B); and
(2) by striking “October 1, 2014, by U.S. Customs and Border Protection under, or in connection with—” and inserting “October 1, 2000, by U.S. Customs and Border Protection.”.
(b) Funding.—In carrying out the amendments made by subsection
(a), the Commissioner of U.S. Customs and Border Protection shall use amounts available for such purpose in the “Refund of Moneys Erroneously Received and Covered” account of the Department of the Treasury.
(c) Special Distribution of Amounts.—
(1) In general.—In carrying out the amendments made by subsection (a), all interest realized under section 605(c)(1) of the Trade Facilitation and Trade Enforcement Act of 2015 (19 U.S.C. 4401(c)(1)), as amended by that subsection, for a fiscal year ending before the date of the enactment of this Act shall be subject to a special distribution carried out in accordance with this subsection.
(2) General notice.—The Commissioner of U.S. Customs and Border Protection shall publish a general notice in the Federal Register announcing the timing of the special distribution required under paragraph (1).
(3) Eligibility.—Each person seeking a special distribution under paragraph (1) must—
(A) have received at least one distribution under the Continued Dumping and Subsidy Offset Act of 2000 (section 754 of the Tariff Act of 1930 (19 U.S.C. 1675c; repealed by subtitle F of title VII of the Deficit Reduction Act of 2005 (Public Law 109-171; 120 Stat. 154))) during a prior fiscal year;
(B) timely file a certification for the special distribution, as determined by the Commissioner of U.S. Customs and Border Protection; and
(C) meet the eligibility criteria contained in the Continued Dumping and Subsidy Offset Act of 2000 at the time of filing that certification.
(4) Distribution.—Interest specified under paragraph (1) shall be aggregated by antidumping duty or countervailing duty order or finding and distributed on a pro rata basis to persons eligible under paragraph (3) as follows:
(A) For interest realized on or after October 1, 2010, as soon as possible following the date of the enactment of this Act but not later than the date that is 210 days after such date of enactment.
(B) For interest realized on or after October 1, 2000, and on or before September 30, 2010, as soon as possible following the date of the enactment of this Act but not later than the date that is 210 days after the distribution under subparagraph (A). <all>
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