Bill · H.R. 9768· House(119-HR-9768)
Tariff Refund Act of 2026
- Introduced
- 7/16/2026
- Last activity
- 7/16/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Haley Stevens
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
The ``Tariff Refund Act of 2026'' aims to amend the Internal Revenue Code of 1986. It seeks to treat certain amounts of tariff revenue as an overpayment of tax. Under this bill, eligible individuals would receive specific payment amounts based on their filing status. These payments are tied to the most recent taxable year starting after December 31, 2024. The Secretary of the Treasury is tasked with issuing these refunds or credits as rapidly as possible.
Yes· 3 of 11
Does this cut taxes for middle-income families?+5
The bill provides specific tax refunds of up to $1,700 for eligible individuals.
Would households on low incomes be better off under this?+3
The bill provides a cash influx through tax credits that can assist lower-income households.
Would middle-income households be better off under this?+3
The bill provides a cash influx through tax credits that can assist middle-income households.
The opposite
Does this reduce what the federal government spends?-3
The bill requires the Treasury to issue direct payments to citizens, which increases government outlays.
Who it would affect, and how
Potential Positive Impacts for People
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Direct Financial Payments: Eligible individuals will be treated as having made a payment against their taxes, resulting in a refund or credit. The specific amounts are $1,700 for joint returns, $1,275 for heads of household, and $850 for other individuals (Section 2(a)).
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Rapid Delivery of Funds: The Secretary is required to refund or credit the overpayment as rapidly as possible (Section 2(f)(1)).
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Flexible Electronic Delivery: Payments may be disbursed electronically to accounts used for previous tax refunds, accounts used to pay taxes, or Treasury-sponsored accounts (Section 2(f)(2)).
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Inclusion of Dependents of Incarcerated Individuals: Regulations may allow dependents of incarcerated persons to receive payments if certain restrictions prevent them from accessing payments (Section 2(h)(3)).
Potential Negative Impacts for People
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Income Restrictions: Individuals may be ineligible for these payments if their adjusted gross income exceeds certain thresholds, such as $400,000 for joint returns, $300,000 for heads of household, or $200,000 for other individuals (Section 2(c)(3)).
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Loss of Interest: No interest will be allowed on any overpayment resulting from this section (Section 2(e)).
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Exclusion of Certain Groups: Individuals who are incarcerated for a crime conviction in the United States, as well as estates or trusts, are not considered eligible individuals (Section 2(c)(2) and Section 2(c)(4)).
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Exclusion of Dependents: Individuals who are a dependent of another taxpayer for the following taxable year are not considered eligible (Section 2(c)(4)(A)).
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+3Good For Middle Class Households+3Good For Men+2Good For Middle Aged+2Good For Seniors+2Good For Women+2Good For Young Adults+2Good For High Income Households+1
- Economy And Finance
- Reduces Middle Class Taxes+5Reduces Government Spending-3
- Social Issues And Justice
- Improves Poverty Reduction+2
- Governance And Ideology
- Improves Government Transparency+1
- 7/16/2026
- Referred to the House Committee on Ways and Means.
- Introduced in House