Speedy Tariff Refund Act of 2026

TL;DR (AI)

• This bill mandates the automatic refund of duties imposed under the International Emergency Economic Powers Act (IEEPA) to importers of covered articles, without requiring requests or documentation.
• The bill directs the Commissioner of U.S. Customs and Border Protection to process these refunds, including interest, within 30 days of enactment and reliquidate prior entries to remove IEEPA duties.
• Congress encourages importers to pass on received refunds to their customers, particularly small businesses and families affected by the original duties.