Proposed
Bill · 119th Congress · S 4364
Speedy Tariff Refund Act of 2026
Refreshed 6 h ago
Introduced 2026-04-21Topic: taxes · economy jobsSummary
AI-generated summary, report an errorThis bill would require U.S. Customs and Border Protection to automatically refund, with interest, all duties (tariffs) that importers paid under the International Emergency Economic Powers Act, within 30 days after the bill becomes law. For import entries already finalized, the agency would recalculate them at the rate that would apply without those duties in order to pay the refunds. Importers would not have to request a refund or submit documents to receive one. The agency would, where practicable, pay small businesses first. The bill also states Congress's view that businesses that raised prices because of these duties should pass refunds on to their customers.
Sponsors
- Ron Wyden Democrat sponsor
- 4 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-04-21 | Senate | Read twice and referred to the Committee on Finance. | refer |
| 2026-04-21 | Introduced in Senate | introduce |