Proposed
Bill · 119th Congress · HR 7822
Tariff Relief for Consumers Act
Refreshed 6 h ago
Introduced 2026-03-05Topic: economy jobs · taxesSummary
AI-generated summary, report an errorThis bill directs the Secretary of the Treasury to create, within 30 days, a program for refunding tariffs that were imposed under the International Emergency Economic Powers Act and struck down by the Supreme Court on February 20, 2026. Importers that paid $5 million or more in these tariffs must explain in their refund application how they will lower prices for customers in full proportion to the refund, offer rebates to prior customers, or show they did not raise prices because of the tariffs. Refunds would go first to importers that have already cut prices on essential goods such as baby formula, diapers, food, and basic clothing, or that have set up rebates. These importers could not buy back stock or pay dividends until they certify they have lowered prices, and refunds would be due within 180 days for importers that meet the requirements.
Sponsors
- Rosa L. DeLauro Democrat sponsor
- 3 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-03-05 | House | Referred to the House Committee on Ways and Means. | refer |
| 2026-03-05 | Introduced in House | introduce | |
| 2026-03-05 | Introduced in House | introduce |