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S. 2551

Tariff Rebate Act

Tariff Rebate Act

This bill establishes the Tariff Rebate Program, through which the Department of the Treasury shall, beginning with tax year 2018, make disbursements to eligible individuals from a fund comprised of duties collected on imported items.

An eligible individual is any individual who has filed a yearly tax return no later than October 15 and whose taxable income is below a specified threshold.

Read twice and referred to the Committee on Finance.

Sen. Cotton, Tom [R-AR](R-AR)Sponsor
1committees2actions6subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Tariff Rebate Act — Informed