[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4962 Introduced in House (IH)]
<DOC>
119th CONGRESS
1st Session
H. R. 4962
To direct the United States International Trade Commission to carry out
a study on the inflationary impact of the tariffs imposed by certain
Executive orders and to report to Congress the findings of such study.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
August 12, 2025
Ms. Scholten (for herself, Mr. Landsman, and Mr. Tran) introduced the
following bill; which was referred to the Committee on Ways and Means
_______________________________________________________________________
A BILL
To direct the United States International Trade Commission to carry out
a study on the inflationary impact of the tariffs imposed by certain
Executive orders and to report to Congress the findings of such study.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,HR 4962 - 119
Introduced in House
Toll of Tariffs Act of 2025
3
Sections
0
Dollar amounts
1
Deadlines and effective dates
Aug 12, 2025
Text version date
Top affected agencies
Commission shall 1
Deadline phrases
Not later than 1
Official PDF
Open official PDFStructured text
Sec. 1.
SECTION 1. SHORT TITLE.
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Toll of Tariffs Act of 2025''.Sec. 2.
SEC. 2. UNITED STATES INTERNATIONAL TRADE COMMISSION STUDY AND REPORT
SEC. 2. UNITED STATES INTERNATIONAL TRADE COMMISSION STUDY AND REPORT
ON INFLATIONARY EFFECTS OF TARIFFS.
(a) Study.--The United States International Trade Commission (in
this Act referred to as the ``Commission'') shall carry out a study on
the inflationary impact of the tariffs imposed by Executive orders
issued during the period beginning on or after January 20, 2025, and
ending on the date of enactment of this Act.
(b) Report.--Not later than 60 days after the date of enactment of
this Act, the Commission shall submit to Congress a report containing--
(1) the results of the study under subsection (a); and
(2) impacts to the Consumer Price Index for All Urban
Consumers (CPI-U) and in comparable measures tracking price
changes in non-urban areas, as determined by the Bureau of
Labor Statistics, of the tariffs described in subsection (a).
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