Nullify Import Surcharge Proclamation

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

Summary#

This bill would cancel Presidential Proclamation 11012 (issued February 20, 2026) that imposed a temporary import surcharge to address international payments problems. It says that that proclamation and any successor or substantially similar proclamation have no force or effect. The bill also says no federal funds may be used to carry out such a proclamation. Finally, it requires the President to take steps to refund tariffs or duties collected between February 20, 2026, and the date the bill becomes law that were collected because of that proclamation.

What it means for you#

  • The proclamation would no longer apply if this bill becomes law.
  • People or businesses that paid tariffs or duties under that proclamation between February 20, 2026, and the date the bill becomes law could be eligible for refunds, because the bill requires the President to provide for refunds.

Expenses#

  • The bill requires refunds of tariffs or duties collected under the proclamation, but the text does not list amounts or estimate total costs. No publicly available information on cost estimates is included in the bill text.
  • The bill also forbids obligating or spending federal funds to carry out the proclamation.

Proponents' View#

  • The bill text itself does not include statements of support or detailed reasons from sponsors. The sponsors introduced the measure to nullify the cited presidential proclamation and to require refunds for duties collected under it. No publicly available information in the bill text about additional proponent arguments.

Opponents' View#

  • The bill text does not include statements of opposition or counterarguments. No publicly available information in the bill text about opponents' views.