Trade Cheating Restitution Act of 2026

Sponsor: Jimmy Panetta (Democratic-CA)February 4, 2026

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Referred to the House Committee on Ways and Means.

Businesses harmed by unfair trade would get interest payments from 2000

This bill would allow businesses that were harmed by unfair trade practices to receive special interest payments. These payments would cover a longer period, going back to October 1, 2000. To get these funds, businesses must have received past payments and meet certain rules.

What Would Change

Today, interest payments to businesses harmed by unfair trade only cover duties collected from October 1, 2014, onward. If this bill becomes law, these interest payments would cover a much longer period, going back to October 1, 2000, and a special distribution of these older interest amounts would be made to eligible businesses.

Key Provisions

Would extend the period for calculating interest on unfair trade duties back to October 1, 2000.
Would require a special, one-time distribution of this extended interest to eligible businesses.
Would pay out the interest in two phases, with the first payment due within 210 days of the bill becoming law.
Would require U.S. Customs and Border Protection to publish a public notice about the timing of these payments.
Would use funds from a Department of the Treasury account to carry out these changes.

View on Congress.gov

HR 7373 · 119th Congress · February 4, 2026 · AI Summary by gemini-2.5-flash · 8/10

Trade Cheating Restitution Act of 2026

What Would Change

Key Provisions

Lobbying Activity