# 119-s-3841: Last Sale Valuation Act of 2026

119-s-3841, Last Sale Valuation Act of 2026, is a 119th Congress bill sponsored by Sen. Cassidy, Bill [R-LA] (R-LA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-3841
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3841
- Congress: 119
- Title: Last Sale Valuation Act of 2026
- Status: introduced
- Introduced: 2026-02-11
- Sponsor: Sen. Cassidy, Bill [R-LA] (R-LA)
- Cosponsors: 1
- Policy area: Foreign Trade and International Finance
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Makes the last sale into the United States the standard for customs transaction value.** It would also expand U.S. Customs and Border Protection's access to books and records for valuation adjustments. - Importers and U.S. buyers would have the transaction value tied to the price paid in the final sale that brings goods into the United States. This changes which sale sets the value used for customs valuation. - Sellers abroad and intermediate sellers would no longer be the primary price reference when a later U.S. sale exists. The last domestic sale would determine the transaction value in chains of multiple sales. - U.S. Customs and Border Protection would gain explicit authority to access books and records for valuation adjustments. That gives CBP clearer access to documents it can use when reviewing or changing declared values.

## Cosponsors (1)

- Sen. Whitehouse, Sheldon [D-RI] (D-RI), 2026-02-11T00:00:00.000Z

## Provisions PRIA read

- New CBP access to import records: cost, low. If enacted, the bill would expressly authorize U.S. Customs and Border Protection to access import books and records for valuation adjustments. Importers, customs brokers, and other holders of import records would need to provide those records on request. This could lead to more audits and modest c…
- Sets which sale price counts for duties: mixed, medium. If enacted, the bill would define "sold for exportation to the United States" for customs valuation. For a single-sale transaction, it would use the price actually paid or payable by the U.S. buyer to the foreign seller. For a chain of sales, it would use the price paid by the U.S. buyer in the las…

## Related bills

- 119-s-4744: Take Care of America’s Veterans Act
- 119-s-4949: Water Resources Development Act of 2026
- 119-s-2120: Older Americans Act Reauthorization Act of 2025
- 119-s-1748: Kids Online Safety Act
- 119-s-93: Harmful Algal Bloom and Hypoxia Research and Control Amendments Act of 2025
- 119-s-1459: Historic Tax Credit Growth and Opportunity Act of 2025

## Sources
- [119-s-3841 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3841)

## Related
- [119-s-4744: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-s-4744)
- [119-s-4949: Water Resources Development Act of 2026](https://policyrisk.com/legislation/119-s-4949)
- [119-s-2120: Older Americans Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-s-2120)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-93: Harmful Algal Bloom and Hypoxia Research and Control Amendments Act of 2025](https://policyrisk.com/legislation/119-s-93)
- [119-s-1459: Historic Tax Credit Growth and Opportunity Act of 2025](https://policyrisk.com/legislation/119-s-1459)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3841 (as of 2026-04-21).