HR8228119th CongressWALLET

To nullify the Presidential Proclamation relating to Imposing a Temporary Import Surcharge to Address Fundamental International Payments Problems, and for other purposes.

Sponsored By: Representative Panetta, Jimmy [D-CA-19]

Introduced

Summary

This bill would nullify Presidential Proclamation 11012's temporary import surcharge and bar similar surcharges. It would require refunds of tariffs or duties collected under that proclamation and prohibit federal funds from carrying out those actions.

Show full summary
  • Importers and businesses would be eligible for refunds of tariffs or duties collected between February 20, 2026 and the date of enactment if those charges resulted from Proclamation 11012 or similar actions.
  • Federal agencies would be barred from expending or obligating federal funds to implement the proclamation or related surcharge actions.
  • Presidential trade authority would be constrained by forbidding any successor or substantially similar proclamation that imposes a temporary import surcharge, even if the surcharge rate differed.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Cancel presidential import surcharge

If enacted, the bill would cancel Presidential Proclamation 11012 of February 20, 2026 (91 Fed. Reg. 9339). It would bar the obligation or expenditure of any federal funds to carry out that proclamation or any substantially similar proclamation or action. That would stop temporary import surcharges tied to that proclamation or similar actions and could lower upward pressure on consumer prices.

Refunds for import surcharges paid

If enacted, the bill would direct the President to provide refunds of tariffs or other duties imposed and collected between February 20, 2026 and the date of enactment because of Proclamation 11012 or any substantially similar action. Refunds would apply to importers, businesses, and other persons who paid those tariffs or duties. The bill does not specify procedures or deadlines for submitting refund claims in the text provided.

Sponsors & CoSponsors

Sponsor

Panetta, Jimmy [D-CA-19]

CA • D

Cosponsors

  • Rep. Bacon, Don [R-NE-2]

    NE • R

    Sponsored 4/9/2026

  • Rep. Sánchez, Linda T. [D-CA-38]

    CA • D

    Sponsored 4/9/2026

  • Sewell

    AL • D

    Sponsored 4/9/2026

  • Rep. Schneider, Bradley Scott [D-IL-10]

    IL • D

    Sponsored 4/9/2026

  • Rep. Beyer, Donald S. [D-VA-8]

    VA • D

    Sponsored 4/9/2026

  • Rep. Suozzi, Thomas R. [D-NY-3]

    NY • D

    Sponsored 4/9/2026

  • Rep. Boyle, Brendan F. [D-PA-2]

    PA • D

    Sponsored 4/9/2026

  • Rep. Horsford, Steven [D-NV-4]

    NV • D

    Sponsored 4/9/2026

  • DelBene

    WA • D

    Sponsored 4/9/2026

  • Rep. Case, Ed [D-HI-1]

    HI • D

    Sponsored 4/22/2026

Roll Call Votes

No roll call votes available for this bill.

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