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S. 1291119th CongressIn committeeLatest action Apr 3, 2025Decoded by AI · checked against the record
The plain-language version leads. The official text is always the reference.
S 1291 requires CBP to publicly list and rank all foreign free trade zones by anti-crime compliance within two years.
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S 1291 directs U.S. Customs and Border Protection to publish and annually update a public list of all foreign-operated free trade zones within two years of enactment. Every country with such a zone would then be ranked into one of four tiers based on how well the zone meets international anti-crime and trade standards. Countries in Tiers II, III, or IV could face U.S. sanctions, including asset freezes and entry bans on individuals or businesses found participating in illegal trade within those zones.
The bill directly affects foreign governments, businesses, and individuals operating in free trade zones. U.S. Customs and Border Protection would be responsible for creating and maintaining the list and ranking system.
Free trade zones operate with reduced customs oversight, making them vulnerable to trafficking of drugs, counterfeit goods, weapons, and people. Ranking countries and enabling sanctions creates pressure on governments to strengthen oversight of these zones or face consequences affecting their access to U.S. markets and financial systems.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a Senate committee is reviewing it. If the House changes it, it goes back to the Senate before reaching the President.
Latest action: — Read twice and referred to the Committee on Finance.