House bill aims to reinstate duty on imported ethanol

By Erin Voegele | July 10, 2013

Rep. Charles Rangel, D-N.Y., recently introduced legislation that aims to reinstate and extend the additional duty on ethanol. The bill, H.R. 2564, was introduced June 27 and referred to the House Committee on Ways and Means. 

The legislation would amend Heading 9901.00.50 of the Harmonized Tariff Schedule of the U.S. by changing the effective period of the provision from before Jan. 1, 2012, to before Jan. 1, 2016. In effect, the measure would reinstate and extend the 14.27 cent per liter (54 cent per gallon) duty on ethanol and ethanol blended fuels through the end of 2015.

According to the text of the legislation, the provision would applied to goods entered or withdrawn from warehouse for consumption on or after the fifteenth day of after the date the legislation is enacted.

The temporary tariff expired at the end of 2011, along with the 54 cent per gallon ethanol blenders credit (VEETC). At that time, the Brazilian sugarcane association UNICA noted the expiration marked the first time in more than three decades that the U.S. market was open to imported ethanol without protectionist measures.