Bill repeals Trump tariffs and refunds money to importers.
S. 5390 — End Trump’s Tariff Tax Act · Filed by Chuck Schumer (D-NY) · 29 cosponsors · Introduced Sep 14, 2026 · Referred to committee
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What it does
This bill stops three types of tariffs that the Trump administration put on imports. It requires the government to pay back all tariff money it collected. Refunds must happen within 30 days and include interest. Small businesses get their money back first. Importers do not have to fill out forms.
Who it affects
Importers get automatic refunds without paperwork. Consumers pay less for imported goods. Retail stores and online businesses pay less for products from other countries.
One thing to notice
The government must find and pay back all importers automatically. This includes importers who brought in goods before this bill passes.
From the analysis of the bill text, linked under Primary records below.
Where it stands
29 cosponsors: 28 Democrats, 1 Independents.
- Sep 14, 2026 — Introduced · Congress.gov: “Introduced in Senate”
- Sep 14, 2026 — Referred to Senate Committee on Finance · Congress.gov: “Read twice and referred to the Committee on Finance”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Words to know
- tariffs — Taxes the government puts on goods brought in from other countries.
- importers — Companies or people who bring goods into the country from other places.
- interest — Extra money paid along with a refund as compensation for the delay.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (4,447 characters) on Sep 16, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 16,778 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-11-02.
“Bill repeals Trump tariffs and refunds money to importers.” QuorumCivic. https://share.quorumcivic.app/bill/119/s5390/simple Report an error
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