Customs Modernization & Informed Compliance Act
- The act updates customs procedures with respect to how customs deals with fraudulent information being sent electronically. It also sets forth penalties for failure to declare controlled substances.
- The legislation equires the Secretary of the Treasury to implement the National Customs Automation Program. This program automates the processing of commercial imports.
- Several miscellaneous changes to the Tariff Act of 1930 are included such as a provision to allow the electronic transmission of vessel documentation to the Customs Service.