This legislative proposal, titled the Small Business Restoring Equity for Local Importers through Economic Fairness Act , seeks to alleviate financial burdens on small businesses stemming from a national emergency declaration on April 2, 2025. Its primary objective is to ensure that duties imposed under Executive Order 14257 do not apply to goods imported by or for the use of small business concerns. Furthermore, the bill mandates that the President issue refunds for any duties already paid by small businesses under this executive order within 90 days of the Act's enactment. The term "small business concern" is explicitly defined by reference to section 3 of the Small Business Act, ensuring clarity on which entities qualify for these exemptions and refunds.