National Emergency Authority To Temporarily Extend Deadlines for Certain Estimated Payments
Headline: Temporarily Extends Importers' Estimated Payment Deadlines During COVID-19
What it does: The Secretary of the Treasury must consider temporarily extending estimated payment deadlines for importers suffering significant financial hardship due to COVID-19.
- Provides temporary payment deadline relief for importers facing financial hardship.
- Excludes certain assessed payments listed in the order from relief.
- Requires Treasury to consult with homeland security before using the authority.
Summary
This order gives the Secretary of the Treasury extra authority to temporarily extend certain estimated payment deadlines for importers affected by the COVID-19 national emergency. The Secretary is asked to consider relief for importers suffering significant financial hardship, but not for payments assessed under sections 1671, 1673, 1862, 2251, and 2411 of title 19.
The Treasury must consult with the Secretary of Homeland Security before using this authority. Implementation must follow applicable law and available appropriations and does not create private legal rights.
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