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US SB2777
Bill
AI Summary
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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
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Requires the President to refund all duties already paid by small businesses under Executive Order 14257 within 90 days of enactment
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Applies to goods imported by or for the use of small business concerns, using the Small Business Act definition (15 U.S.C. 632) to determine eligibility
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Introduced September 11, 2025 by Senator Markey with 10 Democratic co-sponsors and referred to the Senate Finance Committee
Legislative Description
Small Business RELIEF Act Small Business Restoring Equity for Local Importers through Economic Fairness Act
Commerce
Last Action
Read twice and referred to the Committee on Finance.
9/11/2025