Bill · S. 2383· Senate(119-S-2383)
CANADA Act
- Introduced
- 7/22/2025
- Last activity
- 7/22/2025 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Peter Welch
- Cosponsors
- - 5 - 2
- Introduced
- In Committee
What this bill would do
This bill, known as the "Creating Access to Necessary American-Canadian Duty Adjustments Act" or the "CANADA Act," aims to provide relief to small businesses. It focuses on exempting certain goods from specific import duties. These duties were imposed by the President following a national emergency declared on February 1, 2025. The exemption would apply to goods imported by or for the use of small business concerns. The bill specifically targets duties mentioned in Executive Orders 14193, 14197, and 14226.
Yes· 3 of 7
Does this make it easier to run a small business?+6
The bill provides direct financial relief to small businesses by exempting them from certain import duties.
Would business owners be better off under this?+6
Small business owners benefit directly from the exemption of import duties on their goods.
Does this cut taxes for small businesses?+5
The bill exempts goods imported by small business concerns from specific duties imposed by executive orders.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Duty Relief for Small Businesses: Goods imported by or for the use of small business concerns would not be subject to the duties imposed by the national emergency declared on February 1, 2025 (Section 2). This provides a financial benefit to these specific entities by removing those specific import costs.
Potential Negative Impacts for People
- No negative impacts are explicitly mentioned in the text provided.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Small Business Support+6Reduces Small Business Taxes+5Improves Economic Growth+2Increases Job Creation+2
- Demographic And Interest Groups
- Good For Business Owners+6Good For Rural Residents+2
- National Security And Foreign Policy
- Improves International Trade+3
- 7/22/2025
- Read twice and referred to the Committee on Finance.
- 7 Cosponsors added.
- Introduced in Senate
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.
Susan CollinsRepublican · Maine
Timothy KaineDemocrat · Virginia
Edward MarkeyDemocrat · Massachusetts
Lisa MurkowskiRepublican · Alaska
Charles SchumerDemocrat · New York
Jeanne ShaheenDemocrat · New Hampshire
Ron WydenDemocrat · Oregon