Proposed
Bill · 119th Congress · HR 10494
American Tariff Rebate Act
Refreshed 1 h ago
Introduced 2026-09-17Topic: taxesSummary
AI-generated summary, report an errorThis bill would give eligible individuals a one-time tax credit called an American tariff rebate for 2026: $2,000 ($4,000 for married couples filing jointly) plus $600 per dependent. The amount shrinks for people with incomes above $75,000 ($112,500 for heads of household and $150,000 for joint filers). It requires a valid Social Security number, and most of the money would be sent as advance payments by the end of 2026. To offset the cost, the bill would repeal a provision of the federal tax code (subsection (j) of Section 1) that sets reduced income tax rates, which a 2025 law (Public Law 119-21) had extended. It would also lower the estate and gift tax exemption from $15 million to $10 million and cancel about $91.5 billion in unspent funds for border wall construction and immigration detention.
Sponsors
- Valerie P. Foushee Democrat sponsor
- 0 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-09-17 | House | Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, and Homeland Security, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2026-09-17 | House | Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, and Homeland Security, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2026-09-17 | House | Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, and Homeland Security, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2026-09-17 | Introduced in House | introduce | |
| 2026-09-17 | Introduced in House | introduce |