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Toll of Tariffs Act of 2025
8/16/2025, 8:05 AM
Summary of Bill HR 4962
This bill, designated as H.R. 4962 in the 119th Congress, aims to instruct the United States International Trade Commission to conduct a study on the inflationary effects resulting from the tariffs implemented through specific executive orders. The bill directs the Commission to present its findings from this study to Congress.
Congressional Summary of HR 4962
Toll of Tariffs Act of 2025
This bill requires the U.S. International Trade Commission to study and report to Congress 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 the bill's enactment.
Read the Full Bill
Current Status of Bill HR 4962
Bill HR 4962 is currently in the status of Bill Introduced since August 12, 2025. Bill HR 4962 was introduced during Congress 119 and was introduced to the House on August 12, 2025. Bill HR 4962's most recent activity was Referred to the House Committee on Ways and Means. as of August 12, 2025
Bipartisan Support of Bill HR 4962
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
2Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4962
Primary Policy Focus
Alternate Title(s) of Bill HR 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.
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.
Comments

Nehemiah Dean
888
10 months ago
I dunno much about this bill, but it sounds like it could be a good thing. I hope it helps with the inflation and stuff. Long term, it might make things better for everyone.

Holly Burgess
881
10 months ago
I don't understand why this bill is happening. It seems like it will make things more expensive for everyone. How will this affect me in the short term?
Sponsors and Cosponsors of HR 4962
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