Sponsors (33)
The bill gives immediate cost relief and refunds to small importers, improving their cash flow and reducing their administrative burden, at the expense of upfront federal costs and a potential weakening of the original trade-enforcement goals, plus short-term operational strain on implementing agencies.
Small business owners who import goods will be exempt from duties imposed under Executive Order 14257, immediately lowering their import costs.
Small business owners who already paid those duties will receive refunds within 90 days, improving short-term cash flow and fairness for affected importers.
Small business importers will face reduced administrative burden because the bill centralizes refunds and relief rather than forcing many firms to pursue individual claims.
All taxpayers may bear costs because refunding previously collected duties creates an immediate expense for the Treasury that could increase the deficit or require reallocating funds.
Small business exemptions could blunt the intended effect of EO 14257 and thereby weaken trade enforcement or sanctions goals, reducing the policy's effectiveness.
Federal Customs/Treasury staff could face operational strain because implementing and processing refunds within 90 days may require reallocating personnel and resources.
Based on analysis of 2 sections of legislative text.
Exempts SBA-defined small businesses from duties under Executive Order 14257 and requires refunds of duties paid within 90 days of enactment.
Official title: To exempt small business concerns from duties imposed pursuant to the national emergency declared on April 2, 2025, by the President and to refund small business concerns the amount of any such duties paid.
Introduced November 20, 2025 by Kelly Morrison · Last progress November 20, 2025
Exempts businesses that meet the Small Business Act size standards from paying duties imposed under Executive Order 14257 and requires the President to refund any such duties already paid by or for the use of those small businesses. Refunds must be paid within 90 days after the Act becomes law.