REPORT Act
Summary
What This Bill Does
The REPORT Act is a procedural transparency bill for emergency or discretionary tariff changes. Before any duty increase or decrease made under a law or regulation that lets the President modify duties on an emergency or discretionary basis, the President must publish a Federal Register notice and detailed justification at least 48 hours before the change takes effect. Within seven days after the duty-modification determination, the U.S. Trade Representative must brief the House Ways and Means Committee and the Senate Finance Committee on the determination and justification.
Who Benefits and How
Importers benefit because they receive at least 48 hours of public notice before covered emergency or discretionary duty changes take effect. Exporters and supply chain managers benefit from a written justification that can guide pricing, routing, and contract decisions. House Ways and Means members benefit from a required USTR briefing within seven days of the tariff determination. Senate Finance members benefit from the same post-determination briefing and justification.
Who Bears the Burden and How
The President must publish Federal Register notice and a detailed justification before covered duty increases or decreases take effect. USTR briefing staff must brief congressional tax-writing committees within seven days of the determination. Trade policy offices lose some ability to implement emergency tariff changes without public pre-effect notice. Customs compliance teams must track the new notice timing when preparing for changed duty rates.
Key Provisions
- Requires Federal Register notice 48 hours before covered emergency or discretionary tariff changes take effect.
- Requires a detailed justification for each covered duty increase or decrease.
- Directs USTR to brief House Ways and Means and Senate Finance within seven days.
- Improves congressional and market visibility into emergency tariff decisions.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
Requires the President to publish Federal Register notice and detailed justification 48 hours before emergency or discretionary duty changes, and requires USTR to brief the tax-writing committees within seven days.
Key Policy Areas
Trade, Tariffs, Congressional Oversight
Primary Purpose
Requires the President to publish Federal Register notice and detailed justification 48 hours before emergency or discretionary duty changes, and requires USTR to brief the tax-writing committees within seven days.
Policy Domains
Resolution provisions
Identified Gains
- Importers
- Exporters
- House Ways and Means members
- Senate Finance members
Identified Costs
- President of the United States
- USTR briefing staff
- Trade policy offices
- Customs compliance teams
Sponsors
Young Kim
R-CA | Primary Sponsor
Legislative Progress
In CommitteeMrs. Kim (for herself and Mr. Hurd of Colorado) introduced …
Referred to the House Committee on Ways and Means.
Introduced in House
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Customs compliance teams, Exporters, Importers
Positive-direction: Exporters, Importers
Negative-direction: Customs compliance teams
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology