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119th CONGRESS
1st Session |
To exempt small business concerns from duties imposed pursuant to the national emergency declared on April 2, 2025, by the President.
Mr. Markey (for himself, Mr. Schumer, and Ms. Hirono) introduced the following bill; which was read twice and referred to the Committee on Finance
To exempt small business concerns from duties imposed pursuant to the national emergency declared on April 2, 2025, by the President.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
The Act may be cited as the “Small Business Liberation Act”.
SEC. 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).