Comment Submitted by Frank Lipinski

Document ID: USCBP-2011-0042-0002
Document Type: Public Submission
Agency: Customs And Border Protection Bureau
Received Date: October 31 2011, at 12:00 AM Eastern Daylight Time
Date Posted: October 31 2011, at 12:00 AM Eastern Standard Time
Comment Start Date: October 28 2011, at 12:00 AM Eastern Standard Time
Comment Due Date: December 27 2011, at 11:59 PM Eastern Standard Time
Tracking Number: 80f618f1
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The proposed rule is to increase the ceiling for informal entry from $2000 to $2500 should be postponed, or if passed, should have an effective date of 2015. A net loss of $11 Million to the US Treasury during a financial crisis is a disservice to our nation. While a very limited number of importers may benefit from the proposed rule, the vast majority of importers will fail to appreciate any benefits of the proposed rule and one has to question the genesis of the proposed rule. Although I resist changing the ceiling, should the ceiling be changed, it should be changed to $3000. The author states the ceiling has not changed since 1998 and the proposed rule reflects adjustments for inflation. Based on actual US CPI the increase from 1998 to 2011 is 39.28%; therefore in today’s dollars the ceiling would be $2786. To raise the ceiling to $3000 would reduce future administrative burdens to both CBP and US Treasury

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Total: 18
Comment Submitted by Frank Lipinski
Public Submission    Posted: 10/31/2011     ID: USCBP-2011-0042-0002

Dec 27,2011 11:59 PM ET
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Public Submission    Posted: 11/01/2011     ID: USCBP-2011-0042-0003

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Comment Submitted by Marianne Rowden, American Association of Exporters and Importers
Public Submission    Posted: 11/22/2011     ID: USCBP-2011-0042-0005

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Comment Submitted by Anonymous
Public Submission    Posted: 11/25/2011     ID: USCBP-2011-0042-0006

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Comment Submitted by Ann M. Beauchesne, U.S. Chamber of Commerce
Public Submission    Posted: 12/14/2011     ID: USCBP-2011-0042-0007

Dec 27,2011 11:59 PM ET