CANADA Act

Bill: 119-s-2383
Sponsor: full_name: Sen. Welch, Peter [D-VT]
Introduced: 2025-07-22
Policy area: Foreign Trade and International Finance
Latest action: action_date: 2025-07-22
text: Read twice and referred to the Committee on Finance.

Summaries:

tv_txt: II 119th CONGRESS 1st Session S. 2383 IN THE SENATE OF THE UNITED STATES July 22, 2025 Mr. Welch (for himself, Mr. Schumer , Mr. Kaine , Mrs. Shaheen , Mr. Markey , Ms. Murkowski , Ms. Collins , and Mr. Wyden ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To exempt goods imported by or for the use of small business concerns from the duties imposed by the national emergency declared on February 1, 2025 by the President.

1. Short title The Act may be cited as the Creating Access to Necessary American-Canadian Duty Adjustments Act or the CANADA Act . 2. Exemption for certain goods from national emergency Duties imposed by the national emergency declared on February 1, 2025 by the President in Executive Order 14193 (90 Fed. Reg. 9113), as amended by Executive Order 14197 (90 Fed. Reg. 9183) and Executive Order 14226 (90 Fed. Reg. 11369), shall not apply with respect to goods imported by or for the use of small business concerns, as defined in section 3 of the Small Business Act ( 15 U.S.C. 632 ).