Bills/S. 1593

Small Business Liberation Act

Small Business Liberation Act

In CommitteeEconomySenateSenate Bill · 119th Congress
Bill Progress · Senate
Introduced
Committee
Passed House
Passed Senate
Passed Both
Signed

Plain Language Summary

# Small Business Liberation Act (S 1593) - Summary **What the Bill Would Do:** The Small Business Liberation Act aims to provide relief to small businesses from tariffs and trade-related costs. While specific details aren't provided in this basic information, bills with this title typically seek to reduce the regulatory or financial burden that tariffs place on small enterprises, potentially through exemptions, reduced rates, or support programs. **Who It Affects:** This legislation would primarily impact small business owners across the United States who purchase materials, goods, or supplies subject to tariffs. It could also affect their employees and customers, depending on how tariff relief translates to prices and operations. **Current Status:** As of now, the bill is in committee, meaning it has been introduced but hasn't yet advanced to a full Senate vote.

It requires committee review and approval before it could move forward for broader consideration. No action has been taken to move it to the next stage of the legislative process. --- *Note: Without access to the full bill text, this summary is based on the title and general context. For detailed provisions, consult Congress.gov or the bill's official text.*.

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Latest Action

May 21, 2025

Committee on Small Business and Entrepreneurship. Hearings held.

Subjects

Small businessTariffs

Sponsor

18 cosponsors

Key Dates

Introduced
May 5, 2025
Last Updated
May 21, 2025
Read Full Text on Congress.gov →
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