# 119-hr-3982: To establish a Tariff Response and Damages to Exports fund, and for other purposes.

119-hr-3982, To establish a Tariff Response and Damages to Exports fund, and for other purposes., is a 119th Congress bill sponsored by Rep. Letlow, Julia [R-LA-5] (R-LA); status introduced; PRIA reads it as touching household money (as of 2026-05-06).

- Canonical: https://policyrisk.com/legislation/119-hr-3982
- As of: 2026-05-06
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-3982
- Congress: 119
- Title: To establish a Tariff Response and Damages to Exports fund, and for other purposes.
- Status: introduced
- Introduced: 2025-06-12
- Sponsor: Rep. Letlow, Julia [R-LA-5] (R-LA)
- Cosponsors: 2
- Policy area: Foreign Trade and International Finance
- Touches household money: yes
- Last recorded action: 2026-05-06

## Summary

**Creates a TRADE Fund to pay U.S. agricultural producers for trade-related export losses.** This bill would let the President deposit certain import duties into a Treasury fund that the Secretary of Agriculture could use to pay farmers and ranchers harmed by lost exports, foreign trade barriers, or higher input costs. - Farmers and ranchers: Eligible for direct payments to cover losses from decreased exports, tariffs or non-tariff barriers, and rising costs for production inputs. - Treasury and the President: Allows the President to deposit duties on imports classified under chapters 1–24 of the Harmonized Tariff Schedule into the TRADE Fund, and those amounts would be available to USDA without another appropriation. - USDA and oversight: The Secretary of Agriculture would make payments and must report to congressional agriculture and appropriations committees within 60 days after each fiscal year on transfers, economic impacts, and assistance provided. The authority ends on September 30, 2030, and any unobligated balances then are rescinded.

## Cosponsors (2)

- Rep. Fields, Cleo [D-LA-6] (D-LA), 2025-06-30T00:00:00.000Z
- Rep. Higgins, Clay [R-LA-3] (R-LA), 2025-06-30T00:00:00.000Z

## Provisions PRIA read

- Tariff-funded aid for farmers: benefit, medium. This bill would create a fund to pay agricultural producers hurt by trade shocks. Money would come from duties on imported farm and food goods (HTS chapters 1–24) that the President chooses to deposit. The Agriculture Secretary could make direct payments for losses from lower exports, foreign tarif…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-6560: National Flood Insurance Program Automatic Extension Act of 2025
- 119-hr-2102: Major Richard Star Act

## Sources
- [119-hr-3982 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/3982)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-6560: National Flood Insurance Program Automatic Extension Act of 2025](https://policyrisk.com/legislation/119-hr-6560)
- [119-hr-2102: Major Richard Star Act](https://policyrisk.com/legislation/119-hr-2102)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-3982 (as of 2026-05-06).