DemocratBill · S. 2777· Senate(119-S-2777)

Small Business RELIEF Act

Rep. Markey
Age: 80 years
Massachusetts
Introduced
9/11/2025
Last activity
9/11/2025 — Read twice and referred to the Committee on Finance.
Sponsored by
Edward Markey
Cosponsors
Democrat - 14Republican - 0
Commerce
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the ``Small Business RELIEF Act,'' aims to help small business concerns by exempting them from specific duties. These duties were imposed due to a national emergency declared by the President on April 2, 2025, under Executive Order 14257. The legislation seeks to ensure that these duties do not apply to goods imported by or for the use of small businesses. Additionally, the bill requires the President to provide refunds for any such duties already paid. These refunds must be issued within 90 days of the act's enactment.

Yes· 3 of 7

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

    The act provides direct financial relief to small businesses by exempting them from specific import duties and returning previously paid funds.

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

    The bill provides direct relief to small business owners through duty exemptions and refunds.

  • Does this cut taxes for small businesses?+8

    The bill exempts small business concerns from duties imposed under Executive Order 14257 and mandates refunds for duties already paid.

The opposite

  • Does this reduce what the federal government spends?-2

    The bill requires the government to issue refunds to small businesses, which constitutes a direct outflow of funds.