H.R. 10759 — Tariff Relief for American Development and Employment Act of 2026

This section establishes the Tariff Impact Relief Program to provide assistance to eligible persons. The Secretary must administer the program in consultation with the Secretary of the Treasury and the United States Trade Representative.

This section establishes eligibility requirements for assistance under the Program. A recipient must demonstrate substantial United States production, manufacturing, or related activity; a documented net tariff injury material to its revenue, payroll, operating margin, capital expenditures, or production costs; compliance with federal tax and labor laws; and that the assistance will maintain or increase domestic production, employment, investment, or capacity. The recipient must also agree to keep substantially all assisted production in the United States, refrain from using funds to relocate domestic production abroad, maintain employment at United States facilities, limit use of funds to domestic purposes, disclose material foreign relocations, and repay assistance upon material violation of these conditions.

This section authorizes four forms of assistance for persons affected by covered tariff actions: (1) refundable credits up to the full amount of documented net tariff injury; (2) low-interest loans with terms of up to 10 years for short-term liquidity constraints from tariffs, retaliatory duties, or supply-chain costs, with priority for small- and medium-sized manufacturers; (3) credits for investments that establish, expand, or reshore US production of critical goods; and (4) emergency bridge financing to prevent facility closures, layoffs, or supply-chain interruptions, subject to audits and recapture.

This section directs the Secretary to allocate assistance under the Program according to demonstrated economic exposure, using factors such as tariffs paid, retaliatory tariffs, jobs at risk, production cost increases, and domestic sourcing plans. It permits consideration of regional concentration of injury but prohibits state quotas or entitlements. For firms in integrated North American supply chains, the Secretary must evaluate cumulative tariff costs and recognize U.S. value added and employment. The section requires at least 35 percent of annual assistance to small enterprises (SBA size standard) and medium-sized enterprises (up to twice that standard), with an expedited application process, simplified documentation, technical assistance, and a 30-day decision target for acute working-capital needs. It also gives priority to applicants that retain U.S. workers, avoid layoffs, raise wages or training, expand domestic production, or create manufacturing jobs.

This section prohibits the use of Program assistance for stock buybacks, dividends, increases in executive compensation, acquisitions of competing businesses, relocation of U.S. production overseas, duplicate tariff reimbursements, and subsidization of imports where a U.S. substitute exists. It requires the Secretary to establish recapture provisions for fraud, material misrepresentation, and domestic-production violations, and limits total assistance to a person’s documented net tariff injury after subtracting tariff costs passed to customers, refunds, insurance, and other recoveries.

This section requires the Secretary to maintain a publicly accessible database for the Program that identifies each recipient of assistance, the amount and form of assistance, the recipient’s industry and State, the general nature of the net tariff injury, domestic employment commitments, and any repayments or recaptures, while protecting proprietary business information and trade secrets. It also directs the Inspector General of the Department of Commerce to conduct periodic audits of the Program.

This section terminates the authority to approve assistance under the Program five years after the date of enactment of this Act, unless reauthorized by Congress. It requires the Comptroller General to evaluate the Program's effects on U.S. employment and investment, its fiscal impact, and its role in preventing offshoring or fraud, and to recommend whether the Program should be reauthorized, modified, or terminated, no later than four years after enactment.

This section directs that amounts from net additional customs duties attributable to covered tariff actions, after refunds, drawbacks, and administrative adjustments, be made available to the Fund each fiscal year to provide assistance for documented net tariff injury under title I, subject to the availability of receipts and appropriations law. Amounts remain available until expended.

This section requires assistance provided under the Program to be financed from tariff revenues. It prohibits construing the Act to limit otherwise eligible relief to an arbitrary percentage of tariff collections when sufficient tariff revenues are available.

This section directs the Secretary, in consultation with the United States International Trade Commission, to submit a report to Congress not later than 180 days after enactment and annually thereafter on the implementation of the Program. The report must cover tariff revenues collected, industries and regions bearing significant tariff costs, effects of foreign retaliation, jobs maintained or created, domestic investment supported, supply chains reshored or diversified, changes in domestic productive capacity, and recommendations for improving United States industry competitiveness, and include State-level data to the greatest extent practicable.

This section provides that the Act does not limit the authority of the President or Congress to impose, modify, negotiate, or remove tariffs under existing law, to require the removal or reduction of a tariff, or to create a private right to challenge a tariff, and does not affect the authority of the United States Trade Representative in international trade negotiations.

This section expresses the sense of Congress that tariffs should remain available to counter unfair foreign trade practices without requiring United States manufacturers and workers to finance trade disputes alone, and that tariff revenues should help United States businesses and workers withstand short-term economic disruptions while they invest, adapt, reshore, and compete.

This section directs the Secretary and the Secretary of the Treasury to issue regulations within 120 days of enactment to implement the Act, including rules to coordinate the application process for the Program and minimize administrative burdens and duplicative filings.