In CommitteeFiled Apr 21, 2026
Sponsor: Sen. Wyden, Ron [D-OR] (D)
Latest Action
Read twice and referred to the Committee on Finance.
Apr 21, 2026
Summary
The Speedy Tariff Refund Act requires the Customs and Border Protection Commissioner to promptly return any duties collected under the International Emergency Economic Powers Act that were later deemed unlawful. Refunds are automatic, include interest, and give priority to small‑business importers, without requiring a request or paperwork. The measure aims to relieve importers and downstream customers from costs imposed by those invalid duties.
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