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Small Business Liberation 2.0 Act

3/30/2026, 11:06 PM

Summary of Bill S 4038

The bill titled "A bill to exempt small business concerns from duties imposed by the President under section 122 of the Trade Act of 1974 and to prevent price gouging with respect to goods subject to such duties" was introduced in the 119th Congress on March 10, 2026.

Read the Full Bill

Current Status of Bill S 4038

Bill S 4038 is currently in the status of Bill Introduced since March 10, 2026. Bill S 4038 was introduced during Congress 119 and was introduced to the Senate on March 10, 2026.  Bill S 4038's most recent activity was Read twice and referred to the Committee on Finance. as of March 10, 2026

Bipartisan Support of Bill S 4038

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
7
Democrat Cosponsors
7
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4038

Primary Policy Focus

Foreign Trade and International Finance

Alternate Title(s) of Bill S 4038

A bill to exempt small business concerns from duties imposed by the President under section 122 of the Trade Act of 1974 and to prevent price gouging with respect to goods subject to such duties.
A bill to exempt small business concerns from duties imposed by the President under section 122 of the Trade Act of 1974 and to prevent price gouging with respect to goods subject to such duties.

Comments

Celia McLaughlin profile image

Celia McLaughlin

711

4 days ago

OMG this is so cool! I can't believe this is happening, but I'm totally on board with it. I think this is going to be really good for us small business owners. I'm not exactly sure what all the details are, but I'm excited to see how this plays out. Can't wait to see the positive impact it has on me and my business!

Frankie Fink profile image

Frankie Fink

705

11 days ago

This bill gonna hurt small biz like me. It's bad news for all of us.

Kai Hines profile image

Kai Hines

699

12 days ago

This bill sounds sketchy.