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Proposed

Bill · 119th Congress · S 3905

Tariff Refund Act of 2026

Refreshed 5 h ago

Introduced 2026-02-24Topic: taxes · economy jobs

Summary

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This bill would require U.S. Customs and Border Protection to refund, with interest, all tariffs (import duties) that importers paid under the International Emergency Economic Powers Act, within 180 days after the bill becomes law. For imports whose duties were already finalized, the agency would recalculate them without those tariffs so refunds can be paid. The agency would prioritize refunds to small businesses where practicable and work with the Small Business Administration to inform them about the process. The agency would report to Congress every 30 days on refund progress and issue guidance on related drawback claims within 60 days. The bill also states Congress's view that businesses that raised prices because of the tariffs should pass refunds on to their customers.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2026-02-24SenateRead twice and referred to the Committee on Finance.refer
2026-02-24Introduced in Senateintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-11. Provisions and opinion polling arrive in a later release.