To direct the Secretary of the Treasury to promulgate regulations for the payment of refunds for tariffs invalidly assessed using authorities provided by the International Emergency Economic Powers Act to entities that demonstrably lower consumer prices, and for other purposes.

# HR 7822 Summary **What the Bill Would Do** This bill would require the Treasury Department to create rules allowing certain businesses to get refunds on tariffs (taxes on imported goods) that were imposed improperly under a law called the International Emergency Economic Powers Act. The refunds would be available specifically to companies that can prove they have lowered consumer prices as a result of paying those tariffs. **Who It Affects and Key Details** The bill primarily targets businesses that import goods and have paid tariffs they argue were illegally assessed.

By requiring refunds for companies that pass savings to consumers, the legislation aims to incentivize price reductions while recovering money from what it considers invalid tariff collections. The bill was introduced by Representative Rosa DeLauro (D-Connecticut) and remains in committee, meaning it has not yet advanced to a full House vote. **Current Status** As of now, HR 7822 is in the early stages of the legislative process and has not moved forward for consideration by the full Congress.