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US SB2383
Bill
AI Summary
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Exempts small business concerns from duties imposed under the national emergency declared on February 1, 2025 (Executive Order 14193) related to Canada
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Small business eligibility is determined by the definition in section 3 of the Small Business Act (15 U.S.C. 632)
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Applies to goods imported by small businesses or imported for the use of small businesses
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Introduced July 22, 2025 with bipartisan sponsorship including Senators Welch, Schumer, Murkowski, and Collins
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Referred to the Senate Committee on Finance
Legislative Description
CANADA Act Creating Access to Necessary American-Canadian Duty Adjustments Act
Foreign trade and international finance
Last Action
Read twice and referred to the Committee on Finance.
7/22/2025
Committee Referrals
Finance7/22/2025
Full Bill Text
No bill text available