This legislation, known as the "Small Business RELIEF Act" , aims to provide financial relief to small business concerns by exempting them from specific duties. These duties were originally imposed as a result of a national emergency declared on April 2, 2025 , under Executive Order 14257. A key provision of the bill requires the President to refund any duties already paid by qualifying small business concerns under this executive order. These refunds must be issued within 90 days following the bill's enactment. The term "small business concern" is explicitly defined by referencing section 3 of the Small Business Act, ensuring clarity on which entities qualify for these exemptions and refunds.