Monday, November 10, 2008

OMB Approves 10+2 Rule

(Journal of Commerce Online)

The White House Office of Management and Budget has signed off on Customs and Border Protection’s new import security filing rule.

The long-awaited approval of the regulation, known as 10+2, will require importers and carriers to electronically file security data with Customs that does not appear on a carrier’s bill of lading. Customs has said the new information is essential to its security effort.

The amendment is specifically intended to implement the provisions of section 203 of the Security and Accountability for Every Port Act of 2006.

The approval by OMB, which received the rule in August, was announced Thursday. Customs is likely to move forward quickly to issue the final rule, which could appear in the Federal Register early next week.