S. 2551 · 116th Congress
Tariff Rebate Act
- Stage
- In committee
- Sponsor
- Tom Cotton
- Introduced
- 2019-09-26
- Latest action
- 2019-09-26 · Introduced in Senate
Summary
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.