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REPORT Act

6/5/2025, 3:01 PM

Summary of Bill HR 3292

H.R. 3292 of the 119th Congress, introduced on May 8, 2025, aims to mandate the publication of detailed justifications for specific tariff modifications and includes provisions relating to other purposes as outlined in the bill text.

Congressional Summary of HR 3292

Reviewing Economic and Protection Objectives for Reciprocal Tariffs Act or the REPORT Act

This bill requires public and congressional notification of certain increases or decreases in a duty (i.e., tariff) imposed by the President on articles imported into the United States. 

Specifically, the President must publish information in the Federal Register within 48 hours of increasing or decreasing a duty on articles imported into the United States pursuant to a law or regulation authorizing modifications to duties on an emergency or discretionary basis. This publication must include (1) notice of such determination, and (2) a detailed justification for such increase or decrease.

Additionally, the Office of the U.S. Trade Representative must brief specified congressional committees within seven days of the President making a determination to modify a duty. The briefing must include the justification for the President's determination.

Current Status of Bill HR 3292

Bill HR 3292 is currently in the status of Bill Introduced since May 8, 2025. Bill HR 3292 was introduced during Congress 119 and was introduced to the House on May 8, 2025.  Bill HR 3292's most recent activity was Referred to the House Committee on Ways and Means. as of May 8, 2025

Bipartisan Support of Bill HR 3292

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
0
Republican Cosponsors
3
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3292

Primary Policy Focus

Foreign Trade and International Finance

Alternate Title(s) of Bill HR 3292

To require the publication of a detailed justification with respect to certain tariff modifications, and for other purposes.
To require the publication of a detailed justification with respect to certain tariff modifications, and for other purposes.

Comments

Dani Upchurch profile image

Dani Upchurch

859

10 months ago

I can't believe this new bill, it's just ridiculous! They think they can just pass this and everything will be fixed, but it's not that simple. This is going to cause so many problems for everyone, I just know it. The big picture here is that this bill is going to do more harm than good.