H.R. 3306

119th CONGRESS 1st Session

To ensure transparency with respect to the impact of certain tariffs on the prices of goods, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES · May 8, 2025 · Sponsor: Mr. Raskin · Committee: Committee on Energy and Commerce

Table of contents

• H.R. 3306
  • SEC. 1. Short title
  • SEC. 2. Tariff impact transparency

SEC. 1. Short title

• This Act may be cited as the Truth in Tariffs Act.

SEC. 2. Tariff impact transparency

• (a) Requirement
  • No person may sell to a consumer in the United States a good without displaying to such consumer, in a clear and conspicuous manner, the portion of the price of such good that is attributable to a covered tariff (identified as the ). tariff surcharge
• (b) Exemption
  • Subsection (a) does not apply to a sale made by a small business concern.
• (c) Regulations
  • The Federal Trade Commission may promulgate, in accordance with section 553 of title 5, United States Code, such regulations as may be necessary to carry out this section.
• (d) Enforcement by Federal Trade Commission
  • (1) Unfair or deceptive acts or practices
    • A violation of this section or a regulation promulgated under this section shall be treated as a violation of a regulation under section 18(a)(1)(B) of the () regarding unfair or deceptive acts or practices. 15 U.S.C. 57a(a)(1)(B)
  • (2) Powers of Commission
    • The Federal Trade Commission shall enforce this section and the regulations promulgated under this section in the same manner, by the same means, and with the same jurisdiction, powers, and duties as though all applicable terms and provisions of the () were incorporated into and made a part of this Act. Any person who violates this section or a regulation promulgated under this section shall be subject to the penalties and entitled to the privileges and immunities provided in the Federal Trade Commission Act. 15 U.S.C. 41 et seq.
• (e) Applicability
  • This section shall apply to a sale that occurs on or after the date that is 30 days after the date of the enactment of this Act.
• (f) Definitions
  • In this section:
    • The term means a tariff, including a tariff rate change— covered tariff
    • The term has the meaning given such term under section 3 of the Small Business Act (). small business concern 15 U.S.C. 632