S. 1593

Small Business Liberation Act

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II

119th CONGRESS

1st Session

S. 1593

IN THE SENATE OF THE UNITED STATES

May 5, 2025

Mr. Markey (for himself, Mr. Schumer, and Ms. Hirono) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To exempt small business concerns from duties imposed pursuant to the national emergency declared on April 2, 2025, by the President.

1.

Short title

The Act may be cited as the Small Business Liberation Act.

2.

Exemption for small business concerns from duties imposed pursuant to national emergency declaration

Duties imposed pursuant to Executive Order 14257 (90 Fed. Reg. 15041) shall not apply with respect to goods imported by or for the use of small business concerns, as defined in section 3 of the Small Business Act (15 U.S.C. 632).