United StatesHouse Bill 407HR 407
Prevent Tariff Abuse Act
Foreign Trade and International Finance
2 pages
- house
- senate
- president
Last progress January 15, 2025 (10 months ago)
Introduced on January 15, 2025 by Suzan K. Delbene
Sponsors (73)
House Votes
Pending Committee
January 15, 2025 (10 months ago)Referred to the Committee on Foreign Affairs, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Senate Votes
Vote Data Not Available
Presidential Signature
Signature Data Not Available
AI Summary
This bill, called the Prevent Tariff Abuse Act, would stop the President from using emergency economic powers to put new taxes (tariffs) or limits (quotas) on imported goods. It changes the International Emergency Economic Powers Act (IEEPA) so that duties, tariff‑rate quotas, or other quotas cannot be imposed under those emergency powers .
What this means for people and businesses:
- Who is affected: Importers, retailers, and consumers who buy imported products.
- What changes: The President could still use IEEPA for other emergency actions, but not to add tariffs or set import quotas under that law .
- Why it matters: It aims to prevent sudden, emergency-based tariffs or limits that could raise prices or disrupt supply chains.
Text Versions
Text as it was Introduced in House
ViewJanuary 15, 2025•2 pages
Amendments
No Amendments