119 S1593 IS: Small Business Liberation Act U.S. Senate 2025-05-05 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II119th CONGRESS1st SessionS. 1593IN THE SENATE OF THE UNITED STATESMay 5, 2025Mr. Markey (for himself, Mr. Schumer, and Ms. Hirono) introduced the following bill; which was read twice and referred to the Committee on FinanceA BILLTo exempt small business concerns from duties imposed pursuant to the national emergency declared on April 2, 2025, by the President.

1.

Short title

The Act may be cited as the Small Business Liberation Act.

2.

Exemption for small business concerns from duties imposed pursuant to national emergency declaration

Duties imposed pursuant to Executive Order 14257 (90 Fed. Reg. 15041) shall not apply with respect to goods imported by or for the use of small business concerns, as defined in section 3 of the Small Business Act (15 U.S.C. 632).