Toll of Tariffs Act of 2025
Toll of Tariffs Act of 2025
Plain Language Summary
# Toll of Tariffs Act of 2025 (HR 4962) - Summary **What It Would Do:** The Toll of Tariffs Act of 2025 is a proposed bill currently being reviewed in Congress. Based on its title and sponsor, the bill would likely address the economic impacts of tariffs (taxes on imported goods). However, specific details about what provisions the bill contains are not publicly available yet, as it remains in the committee review stage before being debated by the full House of Representatives. **Current Status & What Happens Next:** The bill was introduced by Representative Hillary Scholten (D-Michigan) and is currently in committee, meaning it's being studied by relevant House committees before any vote.
At this stage, the full text and specific provisions have not been widely released for public review. The bill would need to pass committee review, be debated in the House, pass the Senate, and be signed by the President to become law. **Note:** For the most current details about this bill's specific provisions and purpose, the full text should be reviewed when it becomes available on Congress.gov.
Latest Action
Referred to the House Committee on Ways and Means.