S.4945

Home Market Restoration Act of 2026

Introduced·7/13/26

Home Market Restoration Act of 2026 imposes tariff-rate quotas on shrimp, honey, crawfish products, rice, and siluriformes fish fillets.

The Home Market Restoration Act of 2026 imposes tariff-rate quotas on shrimp, honey, crawfish products, rice, and siluriformes fish fillets. It sets specific quantities for each product from various countries, including Thailand, Mexico, and the People's Republic of China. It also establishes in-quota and above-quota duty rates for exceeding these limits. Additionally, it mandates adjustments for inflation and requires the publication of these rates. The act affects importers and exporters of these products, ensuring compliance with the specified quotas and duties.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Finance Committee
Next
Committee decision

Sponsors

0
1
Democratic CaucusRepublican Caucus

History

Jul 13

Senate

Read twice and referred to the Committee on Finance.