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.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Foreign Trade and International Finance
Competitiveness, trade promotion, trade deficitsFree trade and trade barriersGovernment trust fundsTariffsTax administration and collection, taxpayersTrade restrictions
Tariff Rebate Act
USA116th CongressS-2551| Senate
| Updated: 9/26/2019
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.