Bill · H.R. 7373· House(119-HR-7373)
Trade Cheating Restitution Act of 2026
- Introduced
- 2/4/2026
- Last activity
- 2/4/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Jimmy Panetta
- Cosponsors
- - 0 - 3
- Introduced
- In Committee
What this bill would do
This bill, known as the "Trade Cheating Restitution Act of 2026," aims to amend the Trade Facilitation and Trade Enforcement Act of 2015. It modifies how interest is described for certain distributions of antidumping and countervailing duties. The bill also authorizes a special distribution of these interest amounts. The Commissioner of U.S. Customs and Border Protection is directed to use funds from the "Refund of Moneys Erroneously Received and Covered" account. These funds are to be distributed to specific eligible persons based on timing.
Yes
Would business owners be better off under this?+5
The bill provides a mechanism for businesses that received prior distributions to receive additional interest funds.
Does this make it easier to run a small business?+5
The bill authorizes a special distribution of interest from antidumping and countervailing duties to eligible persons.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Special Distribution of Interest: This provision allows for a special distribution of interest realized under section 605(c)(1) of the Trade Facilitation and Trade Enforcement Act of 2015 for fiscal years ending before the Act's enactment. (Section 2(c)(1))
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Pro Rata Distribution Timeline: The bill sets a specific timeline for receiving funds, ensuring interest realized on or after October 1, 2010, is distributed as soon as possible, but no later than 210 days after the Act's enactment. (Section 2(c)(4)(A))
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Delayed Distribution Protection: For interest realized between October 1, 2000, and September 30, 2010, the bill ensures distribution occurs as soon as possible, but no later than 210 days after the first round of distributions. (Section 2(c)(4)(B))
Potential Negative Impacts for People
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Eligibility Restrictions: To receive a distribution, a person must have received at least one distribution under the Continued Dumping and Subsidy Offset Act of 2000 during a prior fiscal year, must timely file a certification, and must meet specific eligibility criteria at the time of filing. (Section 2(c)(3))
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Requirement for Certification: Individuals seeking the special distribution are required to timely file a certification as determined by the Commissioner of U.S. Customs and Border Protection. (Section 2(c)(3)(B))
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 Business Owners+5
- Economy And Finance
- Improves Small Business Support+5
- 2/12/2026
- 1 Cosponsor added.
- 2/9/2026
- 1 Cosponsor added.
- 2/4/2026
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Clay HigginsRepublican · Louisiana
Dusty JohnsonRepublican · South Dakota
David ValadaoRepublican · California