Bill · H.R. 10494· House(119-HR-10494)
American Tariff Rebate Act
- Introduced
- 9/17/2026
- Last activity
- 9/17/2026 — Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, and Homeland Security, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Sponsored by
- Valerie Foushee
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill provides American tariff rebates through tax credits and advance refunds for eligible individuals. It gives $2,000 for single filers, $4,000 for joint returns, and $600 for each dependent, subject to income limits. The legislation also repeals certain reduced tax rates and lowers the estate and gift tax exemption amount from $15,000,000 to $10,000,000. Additionally, the bill cancels billions of dollars in unobligated funds previously set aside for border infrastructure, wall systems, and detention capacity. Finally, it appropriates specific funding to government agencies to administer these tax rebates and oversee the process.
Yes· 3 of 14
Does this reduce what the federal government spends?+8
Section 5 permanently rescinds massive amounts of previously appropriated immigration enforcement and border wall funds.
Would households on low incomes be better off under this?+7
Section 2 targets direct tax credits and cash rebates of $2,000 for individuals and $600 per dependent to eligible low- and middle-income taxpayers.
Would children be better off under this?+6
Section 2 provides an additional $600 tax credit for each dependent child, directly benefiting families with children.
The opposite· 3 of 6
Does this tighten control of the border?-8
Section 5 rescinds billions of dollars in unobligated balances for border infrastructure, wall systems, and detention capacity.
Would the very wealthiest people be better off under this?-7
Section 4 increases the tax exposure on large estates by lowering the estate and gift tax exemption threshold.
Would billionaires be better off under this?-7
Section 4 reduces the estate tax exemption amount, imposing higher tax liabilities on massive estates and wealth transfers.
Who it would affect, and how
Potential Positive Impacts for People
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Section 2 provides eligible individuals with a tax credit of $2,000 ($4,000 for joint returns) plus $600 per dependent for 2026, which puts extra money directly into the pockets of everyday Americans.
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Section 2 allows for advance refunds and credits based on 2025 or 2024 tax information, helping people get these funds faster without waiting to file 2026 taxes.
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Section 2 protects these rebate and credit payments from being reduced or offset by other assessed Federal taxes or specific federal debt collection authorities under Section 6402, ensuring people actually receive the full amount intended.
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Section 2 requires the Secretary of the Treasury to conduct a public awareness campaign to inform individuals about the credit and rebate, ensuring that vulnerable populations or those who did not recently file tax returns know how to claim the money.
Potential Negative Impacts for People
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Section 2 places strict income limitations on the tax credit, reducing the rebate amount for single individuals making over $75,000, heads of household making over $112,500, and joint filers making over $150,000, which means higher-earning workers get less or no assistance.
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Section 3 repeals the extension and enhancement of reduced tax rates by striking subsection (j) of section 1 of the Internal Revenue Code, which could result in higher tax burdens for taxpayers.
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Section 4 lowers the estate and gift tax exemption amount from $15,000,000 to $10,000,000, which reduces the tax-free inheritance limit for families passing down estates and gifts.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+7Good For Children+6Good For Middle Class Households+6Good For Middle Aged+5Good For Retirees+5Good For Seniors+5Good For Veterans+5Good For Young Adults+5Good For Women+4Good For Billionaires-7Good For Ultra High Net Worth Individuals-7Good For High Net Worth Individuals-6Good For High Income Households-5
- Economy And Finance
- Reduces Government Spending+8Increases Wealthy Taxes+6Reduces Estate Tax-6
- National Security And Foreign Policy
- Reduces Military Spending+5
- Governance And Ideology
- Improves Government Transparency+4
- Social Issues And Justice
- Improves Poverty Reduction+5Improves Border Security-8
- 9/17/2026
- Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, and Homeland Security, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced in House