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US S151

US S151
Protecting Americans from Tax Hikes on Imported Goods Act of 2025


summary

Introduced
01/17/2025
In Committee
01/17/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A bill to exclude the authority to impose duties and tariff-rate quotas from the International Emergency Economic Powers Act.

AI Summary

This bill aims to modify the International Emergency Economic Powers Act (IEEPA) by specifically limiting the President's authority to impose duties and tariff-rate quotas during national emergencies. Currently, IEEPA gives the President broad powers to take economic actions in response to international threats. The bill would amend Section 203 of IEEPA by adding a new subsection that explicitly states the President cannot use this law to increase import duties or establish tariff-rate quotas (which are trade measures that set quotas on imported goods with different tax rates). However, the bill preserves the President's ability to exclude entire categories of imported goods from entering the United States. The bill, titled the "Protecting Americans from Tax Hikes on Imported Goods Act of 2025", effectively constrains executive power in trade-related emergency actions by preventing unilateral imposition of new import taxes or quota restrictions, while maintaining flexibility to block imports entirely if deemed necessary for national security or economic reasons.

Committee Categories

Housing and Urban Affairs

Sponsors (5)

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 01/17/2025)

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