H.R. 10416 — Housing Tariff Exclusion Act

This section expresses the sense of Congress that the United States faces a housing affordability crisis caused by a shortage of 3,000,000 to 5,000,000 homes, that tariffs on key building materials will add billions of dollars to home construction costs, and that those costs will reduce new housing supply and raise prices for buyers and renters.

This section establishes a process under which the Secretary of Commerce excludes covered home construction articles from duties exceeding rates in effect on January 19, 2025. It mandates exclusion of critical homebuilding products listed in the specified HTSUS codes within 15 days of request and other articles unavailable in sufficient domestic quantities within 60 days, provides for retroactive liquidation or reliquidation upon request filed within 180 days, requires publication of decisions within 15 days, and directs quarterly reports to the Senate Finance and House Ways and Means Committees.