Housing Tariff Exclusion Act: Lowering Home Construction Costs
This bill aims to address the housing affordability crisis by removing import taxes on essential building materials. By lowering construction costs, the act seeks to make buying and renting homes more affordable for everyday citizens.
Key points
Creates a process to exempt construction materials like lumber, cement, and fixtures from certain import duties.
Requires fast-track decisions on tax exemptions, with a 15-day deadline for critical building products.
Allows builders and companies to receive refunds for tariffs paid on materials after the law's enactment.
Ensures transparency by requiring all tariff exclusion decisions to be published on a public website.
Status:
Introduced
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens
(explained here).
Start recording it now.