Bill

RELIEF Act Restoring Economic Lifelines for Independent Enterprises...

HB7736Foreign Trade and International FinanceFiled

To require the Commissioner of U.S. Customs and Border Protection to refund tariffs collected under the International Emergency Economic Powers Act, and for other purposes.

Filed
In Committee
Passed Chamber
Final Approval

The RELIEF Act, officially known as the Restoring Economic Lifelines for Independent Enterprises and Family Businesses Act, aims to require the Commissioner of U.S. Customs and Border Protection to refund tariffs collected under the International Emergency Economic Powers Act. This bill targets tariffs that have been imposed on various goods, particularly affecting small businesses and independent enterprises by alleviating financial burdens caused by these tariffs. The primary sponsor is Steven Horsford, with numerous other Democrats co-sponsoring the bill.

The bill would primarily benefit small businesses, independent enterprises, and family-owned companies that have been negatively impacted by the tariffs, allowing them to potentially recover costs and maintain their operations. The goal is to provide economic relief and support to these entities, which may have faced increased expenses due to the tariffs.

As of the latest update, the bill was introduced and referred to the House Committee on Ways and Means on February 26, 2026. This marks the initial step in the legislative process, where the committee will review, potentially hold hearings, and decide on the next steps for the bill.