A bill to amend the Tariff Act of 1930 to increase the dollar value of merchandise eligible for informal entry and to change certain bonding requirements.

[AI summary unavailable — showing source text] Amends the Tariff Act of 1930 to increase, from $250 to $1,000, the dollar value of merchandise authorized for duty-free importation. Prohibits the Secretary of the Treasury from requiring a bond with respect to the delivery from customs custody of imported merchandise which is not subject to duty or valued at more than $1,000, under such Act.…