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Small Business Customs Relief: Exemptions and Refunds from Emergency Duties.

This act aims to support small businesses by exempting them from customs duties imposed due to the national emergency declared on April 2, 2025. Furthermore, small businesses that have already paid these duties will receive a refund, which could improve their cash flow and reduce operational costs.
Key points
Small businesses will be exempt from duties imposed under the national emergency declared on April 2, 2025.
Small businesses that have already paid these duties will receive a refund within 90 days of the act's enactment.
The definition of a small business concern aligns with the existing Small Business Act (15 U.S.C. 632).
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2777
Sponsor: Sen. Markey, Edward J. [D-MA]
Process start date: 2025-09-11
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Small Business RELIEF Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2777.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-09-11.

What are the main provisions?

Key points include:

  • Small businesses will be exempt from duties imposed under the national emergency declared on April 2, 2025.
  • Small businesses that have already paid these duties will receive a refund within 90 days of the act's enactment.
  • The definition of a small business concern aligns with the existing Small Business Act (15 U.S.C. 632).
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Markey, Edward J. [D-MA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Economy Taxes