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S 2551 116th Congress Senate Foreign Trade and International Finance Competitiveness, trade promotion, trade deficits Free trade and trade barriers Government trust funds Tariffs Tax administration and collection, taxpayers Trade restrictions

Tariff Rebate Act

Introduced: September 26, 2019 Introduced by: Cotton, Tom Republican · Arkansas See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 26, 2019
Read twice and referred to the Committee on Finance.
Sep 26, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

Tariff Rebate Act

This bill establishes the Tariff Rebate Program, through which the Department of the Treasury shall, beginning with tax year 2018, make disbursements to eligible individuals from a fund comprised of duties collected on imported items.

An eligible individual is any individual who has filed a yearly tax return no later than October 15 and whose taxable income is below a specified threshold.

What's happening now September 26, 2019

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1