To establish a Tariff Response and Damages to Exports fund, and for other purposes.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3982 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 3982 To establish a Tariff Response and Damages to Exports fund, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 12, 2025 Ms. Letlow introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned _______________________________________________________________________ A BILL To establish a Tariff Response and Damages to Exports fund, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. TARIFF RESPONSE AND DAMAGES TO EXPORTS FUND. (a) In General.--There is established in the general fund of the Treasury a fund to be known as the ``Tariff Response And Damages to Exports Fund'' or the ``TRADE Fund''. Amounts made available to such fund pursuant to subsection (b) shall be made available without subsequent appropriation or fiscal year limitation to the Secretary of Agriculture for the purposes described in subsection (c). (b) Tariff Revenues.--The President may deposit into the TRADE Fund any revenues collected in the form of duties imposed on the importation of articles classified under any of chapters 1 through 24 of the Harmonized Tariff Schedule of the United States. (c) Use of Funds.--The Secretary of Agriculture shall use any amounts deposited in the TRADE Fund to make payments to persons the Secretary determines are agricultural producers that have been affected by export competition, reduction in access to foreign markets, or other trade-related market disruptions, including losses the Secretary de