119-S2777
Small Business RELIEF Act
Last action was on 9-11-2025
SenateCurrent status is Read twice and referred to the Committee on Finance.
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119th CONGRESS
1st Session
S. 2777
1. Short title2. Exemption and refunds for small business concerns from duties imposed pursuant to national emergency declaration1. Short title
The Act may be cited as the "Small Business Restoring Equity for Local Importers through Economic Fairness Act" or the "Small Business RELIEF Act".
2. Exemption and refunds for small business concerns from duties imposed pursuant to national emergency declaration
(a) Exemption - Duties imposed pursuant to Executive Order 14257 (90 Fed. Reg. 15041) shall not apply with respect to goods imported by or for the use of a small business concern.
(b) Refunds - Not later than 90 days after the date of the enactment of this Act, the President shall refund the amount of any duties paid pursuant to Executive Order 14257 (90 Fed. Reg. 15041) on goods imported by or for the use of a small business concern.
(c) Small business concern defined - In this section, the term small business concern has the meaning given that term in section 3 of the Small Business Act (15 U.S.C. 632).