Govwatch

Introduced

In Committee

3

Passed One Chamber

4

Passed Both

5

Signed into Law

Sponsor

Ron Wyden

Democrat · OR · Senator

Votes with party: 85.6% (841 recorded votes)

Full profile: /officials/W000779

Source: Congress.gov · FEC

Cosponsors (26)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Finance.

2026-02-24

Source: Congress.gov

Plain-English Summary

This bill would allow American businesses and consumers to get refunds on tariffs (taxes on imported goods) they've already paid, likely by creating a process to claim back money spent on duties. The refunds would apply to tariffs imposed during a specific period, giving companies and individuals a way to recover costs from higher prices on foreign products. This could put money back in the pockets of importers, manufacturers, and shoppers who paid extra due to tariff policies.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Foreign Trade and International Finance

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Open text view Read on Congress.gov

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Tariff Refund Act of 2026