Speedy Tariff Refund Act of 2026

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4364 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4364 To provide for the refund of duties imposed under the International Emergency Economic Powers Act. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES April 21, 2026 Mr. Wyden (for himself, Mr. Markey, and Mrs. Shaheen) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To provide for the refund of duties imposed under the International Emergency Economic Powers Act. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Speedy Tariff Refund Act of 2026''. SEC. 2. SENSE OF CONGRESS. It is the sense of Congress that-- (1) in light of the holding by the Supreme Court that duties imposed under the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) are unlawful, the Commissioner of U.S. Customs and Border Protection must pay refunds of those unlawfully collected duties; (2) the Commissioner must process those refunds as swiftly as possible and without imposing additional requirements that disproportionately hinder individuals and small businesses from obtaining refunds; (3) the Consolidated Administration and Processing of Entries (CAPE) system for refunds is seriously flawed and places unjustified burdens on importers, particularly small businesses; and (4) importers, wholesalers, and larger businesses, especially those that raised prices or passed on direct costs from those unlawful duties while they were in place, should pass on the refunds to their customers, including small businesses and families impacted by those duties. SEC. 3. REFUND OF DUTIES IMPOSED UNDER INTERNATIONAL EMERGENCY ECONOMIC POWERS ACT. (a)