Bills · HR 3306
IN COMMITTEE· 119TH CONGRESS
House BillHR 3306Commerce
Truth in Tariffs Act
INTRO MAY 8· LAST ACTION MAY 8
READING
2MIN
COSPONSORS
33
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenVoters should care about this bill because it aims to increase transparency around the cost of goods they buy. Currently, when tariffs are imposed on imported products, the cost is often passed on to consumers through higher prices, but this increase is usually hidden within the overall price tag. This bill would make that specific cost visible.
If this bill becomes law, consumers would have a clearer picture of how much tariffs are adding to their purchases, potentially influencing their buying decisions and their views on trade policies. If it doesn't pass, the impact of tariffs on consumer prices would continue to be less visible, potentially making it harder for voters to connect government actions directly to their personal finances.
KEY PROVISIONS
4AI-extractedPROVISION 01
Requires businesses (excluding small businesses) to display, clearly and conspicuously, the portion of a product's price that is due to a 'covered tariff,' labeling it as a 'tariff surcharge'.
This aims to make the cost impact of specific tariffs transparent to consumers at the point of sale.
PROVISION 02
Defines a 'covered tariff' as one imposed on an emergency or discretionary basis by the President, and that started on or after January 20, 2025.
This limits the scope of the transparency requirement to specific, recent tariffs rather than all existing tariffs.
PROVISION 03
Exempts small business concerns from the requirement to display tariff surcharges.
This reduces the administrative burden on smaller businesses, acknowledging potential challenges in compliance.
PROVISION 04
Authorizes the Federal Trade Commission (FTC) to create necessary regulations and enforce the requirements.
The FTC would set the specific rules for implementation and ensure businesses comply, using its existing powers against unfair practices.
SPONSORSHIP
1 + 33
D· Maryland
YRS IN OFFICE
9
BILLS LED
37
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 33 REP 0 IND 0
ACTION TIMELINE
2 EVENTSMAY 8
Introduced in House
MAY 8
Referred to the House Committee on Energy and Commerce.
BILL INFO
TypeHouse Bill
NumberHR 3306
Congress119th
StatusIn Committee
IntroducedMay 8, 2025
Last actionMay 8, 2025
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IN COMMITTEE· 119TH CONGRESS · ENERGY AND COMMERCE COMMITTEE · INTRODUCED MAY 8, 2025
House BillHR 3306Commerce
Truth in Tariffs Act
INTRODUCED MAY 8, 2025· LAST ACTION MAY 8, 2025
PASSAGE CHANCES
—%
READING
2 min
COSPONSORS
33
COMPLEXITY
Moderate
