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Eliminating Tariffs and Quotas on Imported Infant Formula.

This Act removes all import tariffs (duties) and quantitative limits (quotas) on finished infant formula and its base ingredients. The goal is to increase the availability of this critical product in the US market, potentially reducing costs for parents. These changes are set to take effect 120 days after enactment, supporting supply stability for families.
Key points
Eliminates import tariffs on finished infant formula products, which may lead to lower prices for consumers.
Removes duties on base powders used to manufacture infant formula in the US, supporting domestic production.
Ends quantitative limitations on imports, aiming to ensure a more stable and reliable supply for the market.
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Additional Information
Print number: 118_S_1782
Sponsor: Sen. Lee, Mike [R-UT]
Process start date: 2023-05-31