Tariff Refund Act of 2026

Refunds of Unlawful Duties: Importers will receive refunds, including interest, for duties paid on covered articles under the International Emergency local Emergency Economic Powers Act (Section 3(a)).

Support for Small Businesses: The Commissioner is directed to prioritize the payment of refunds to small business concerns to the extent practicable (Section 3(c)).

Information and Guidance for Small Businesses: The Commissioner must work with the Small Business Administration to provide information regarding documentation, required actions, and expected timelines for refunds (Section 3(d)).

Accountability and Transparency: The Commissioner must submit reports every 30 days to specific Senate and House committees, detailing the number of refunds issued and the amounts paid (Section 3(e)).

Consumer Benefits: The sense of Congress suggests that importers, wholesalers, and larger businesses should pass these refunds on to customers, such as small businesses and families (Section 2(3)).