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US SB1593

Bill

Status

Introduced

5/5/2025

Primary Sponsor

Edward Markey

Click for details

Origin

Senate

119th Congress

AI Summary

  • Exempts small business concerns from tariff duties imposed under Executive Order 14257, which was issued pursuant to the national emergency declared on April 2, 2025

  • Applies to goods imported by small businesses or imported for the use of small businesses

  • Defines "small business concerns" according to section 3 of the Small Business Act (15 U.S.C. 632)

  • Introduced May 5, 2025 by Senators Markey, Schumer, and Hirono and referred to the Senate Finance Committee

Legislative Description

Small Business Liberation Act

Commerce

Last Action

Committee on Small Business and Entrepreneurship. Hearings held.

5/14/2025

Committee Referrals

Finance5/5/2025

Full Bill Text

No bill text available