The Speedy Tariff Refund Act of 2026 directs U.S. Customs and Border Protection to automatically refund all duties that were unlawfully collected under the International Emergency Economic Powers Act, following a Supreme Court ruling that such duties were illegal. The refunds must be processed within 30 days of the law's enactment and must include interest, with no requirement that importers submit requests or documentation to receive their money back. The bill prioritizes refunds to small businesses and explicitly prohibits imposing burdensome procedures that would hinder individuals and small business owners from obtaining refunds. The legislation also expresses Congressional intent that larger importers, wholesalers, and businesses should pass these refunds along to their customers, including small businesses and families that were affected by the unlawful duties through higher prices.
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