CONGRESS FOR VOTERS

DemocratBill · S. 1593· Senate(119-S-1593)

Small Business Liberation Act

Rep. Markey
Age: 80 years
Massachusetts
Introduced
5/5/2025
Last activity
5/21/2025 — Committee on Small Business and Entrepreneurship. Hearings held.
Sponsored by
Edward Markey
Cosponsors
Democrat - 18Republican - 0
Commerce
  1. Introduced
  2. In Committee

What this bill would do

This bill is called the "Small Business Liberation Act". It aims to exempt small business concerns from duties imposed under a national emergency declared by the President on April 2, 2025. Specifically, it states that duties from Executive Order 14257 will not apply to goods imported by or for the use of small businesses.

Yes· 3 of 12

  • Does this make it easier to run a small business?+9

    Directly provides a financial exemption for small business concerns on import duties.

  • Would business owners be better off under this?+9

    Specifically targets small business owners for financial relief from duties.

  • Does this cut taxes for small businesses?+8

    Exempts small businesses from specific import duties imposed by Executive Order 14257.

The opposite

  • Does this give the federal government more power?-2

    Acts as a legislative check/limitation on a President's executive order authority regarding duties.

  • Does this reduce what the federal government owes?-1

    Removing duties reduces federal revenue from tariffs.