HR 3982 · 119th CongressIn Committeecongress.gov ↗

To establish a Tariff Response and Damages to Exports fund, and for other purposes.

What this bill does

AI plain-language summary

This bill creates a special fund in the Treasury called the Tariff Response And Damages to Exports Fund. Money collected from tariffs on certain imported food and agricultural products would go into this fund, and the Department of Agriculture would use that money to make payments to American farmers and ranchers hurt by trade problems, such as fewer exports, tariffs placed by other countries, or higher costs for things they need to grow crops and raise livestock. The Department of Agriculture would also have to report to Congress each year on how much money went into the fund and how it was used to help affected producers. The program would end on September 30, 2030, and any leftover money in the fund at that point would be permanently taken back.

Introduced

June 12, 2025

Policy Area

Foreign Trade and International Finance

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