Congress·In Committee·H.R. 4326

To require the Congressional Budget Office to conduct an economic review of the economic impact of tariff modifications before implementation.

Economic Reviews for New Tariffs

12 months ago·View on Congress.gov·Read full text

This bill is currently in the early stages of the legislative process and is being reviewed by the House Committee on Ways and Means. No further actions are scheduled at this time, and the bill is not moving forward. There is no companion bill for this legislation.

Legislative Progress

House

Senate

President

Law

Unlikely to pass

While the bill has some bipartisan support, it faces a difficult path because it adds new hurdles to how the government manages trade and taxes.

Key Points

This bill would stop any new taxes on imported goods, known as tariffs, from starting until experts study how they will affect the economy. It ensures that the government cannot change trade costs without first looking at the potential consequences.
The Congressional Budget Office would be required to write a report on the expected impact of any tariff changes. They must post this report on a public website so that everyday Americans and lawmakers can read it before the new rules go into effect.
This rule would apply to any new or modified tariffs proposed after the bill becomes law. It aims to provide more transparency about how trade decisions might change prices for shoppers or affect jobs at American companies.
By requiring a study first, the bill tries to prevent sudden economic shocks that can happen when trade costs change overnight. It gives the public a chance to see the data behind these big financial decisions.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

Jul 10, 2025House

Referred to the House Committee on Ways and Means.

Jul 10, 2025

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

News

No related news coverage found for this legislation yet.

Source Information

Document Type

Congressional Bill

Official Title

To require the Congressional Budget Office to conduct an economic review of the economic impact of tariff modifications before implementation.

Bill NumberHR 4326

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Ways and Means.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(3)

D: 3

Analysis generated by AI. Always verify with official sources.