Bill > HR6888

This bill requires the Administrator of the Small Business Administration (SBA), in collaboration with the Bureau of Economic Analysis, to publish quarterly public reports detailing the average aggregate cost of tariffs imposed after January 20, 2025, specifically focusing on the financial impact on consumers and small businesses. The first report must be released within 90 days of the bill's enactment, with subsequent quarterly reports following thereafter. The final quarterly report of each calendar year will also include a comprehensive total annual cost of these tariffs for consumers and small business concerns. By mandating these transparent reports, the bill aims to provide clear insights into the economic consequences of tariffs, helping policymakers and the public understand the potential financial burdens created by trade policies. The bill defines small business concerns according to the existing definition in the Small Business Act, ensuring a standardized approach to identifying and analyzing the economic impact.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/6888/all-info