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To ensure transparency with respect to the impact of certain tariffs on the prices of goods, and for other purposes.
Summary
This bill requires sellers to display to consumers the portion of a product's price that results from tariffs imposed by the President since January 20, 2025, labeling it as a "tariff surcharge" in a clear and conspicuous manner. Small business concerns are exempt from this requirement. The Federal Trade Commission may issue regulations to implement the requirement and enforce violations as unfair or deceptive practices under the FTC Act. The requirement takes effect 30 days after the bill becomes law. The provision applies only to tariffs imposed on an emergency or discretionary basis by the President on or after January 20, 2025.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Rep. Raskin, Jamie [D-MD-8] (D-MD)
33 cosponsors
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC)
- Rep. Ansari, Yassamin [D-AZ-3] (D-AZ)
- Rep. Balint, Becca [D-VT-At Large] (D-VT)
- Rep. Barragán, Nanette Diaz [D-CA-44] (D-CA)
- Rep. Carbajal, Salud O. [D-CA-24] (D-CA)
- Rep. Carson, André [D-IN-7] (D-IN)
- Rep. Casar, Greg [D-TX-35] (D-TX)
- Rep. Cleaver, Emanuel [D-MO-5] (D-MO)
- Rep. Doggett, Lloyd [D-TX-37] (D-TX)
- Rep. Fields, Cleo [D-LA-6] (D-LA)
- Rep. Fletcher, Lizzie [D-TX-7] (D-TX)
- Rep. Garcia, Robert [D-CA-42] (D-CA)
- Rep. Garcia, Sylvia R. [D-TX-29] (D-TX)
- Rep. Gomez, Jimmy [D-CA-34] (D-CA)
- Rep. Kamlager-Dove, Sydney [D-CA-37] (D-CA)
- Rep. Kennedy, Timothy M. [D-NY-26] (D-NY)
- Rep. Latimer, George [D-NY-16] (D-NY)
- Rep. McGovern, James P. [D-MA-2] (D-MA)
- Rep. McIver, LaMonica [D-NJ-10] (D-NJ)
- Rep. Mfume, Kweisi [D-MD-7] (D-MD)
- Rep. Min, Dave [D-CA-47] (D-CA)
- Rep. Olszewski, Johnny [D-MD-2] (D-MD)
- Rep. Quigley, Mike [D-IL-5] (D-IL)
- Rep. Ramirez, Delia C. [D-IL-3] (D-IL)
- Rep. Scanlon, Mary Gay [D-PA-5] (D-PA)
- Rep. Simon, Lateefah [D-CA-12] (D-CA)
- Rep. Stansbury, Melanie A. [D-NM-1] (D-NM)
- Rep. Stanton, Greg [D-AZ-4] (D-AZ)
- Rep. Thanedar, Shri [D-MI-13] (D-MI)
- Rep. Vargas, Juan [D-CA-52] (D-CA)
- Rep. Velázquez, Nydia M. [D-NY-7] (D-NY)
- Rep. Waters, Maxine [D-CA-43] (D-CA)
- Rep. Watson Coleman, Bonnie [D-NJ-12] (D-NJ)
Money behind the sponsor
Top reported contributors to Jamie Raskin’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $54,700
- AMERICAN UNIVERSITY $20,773
- GEORGETOWN UNIVERSITY $10,775
- NORTHEASTERN UNIVERSITY $7,100
- ORIOLES $6,600
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Jamie Raskin → · Outside spending →
Actions (2)
- May 8, 2025 Referred to the House Committee on Energy and Commerce. · house
- May 8, 2025 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
IN THE HOUSE OF REPRESENTATIVES
May 8, 2025
Mr. Raskin (for himself, Mr. Fields, Mr. McGovern, Ms. Simon, Mrs. Fletcher, Ms. Velazquez, Mr. Doggett, Mr. Garcia of California, Ms. Kamlager-Dove, Ms. Stansbury, Mr. Carbajal, Mr. Casar, and Ms. Garcia of Texas) introduced the following bill; which was referred to the Committee on Energy and Commerce
A BILL
To ensure transparency with respect to the impact of certain tariffs on the prices of goods, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Truth in Tariffs Act”.
SEC. 2. TARIFF IMPACT TRANSPARENCY.
(a) Requirement.—No person may sell to a consumer in the United States a good without displaying to such consumer, in a clear and conspicuous manner, the portion of the price of such good that is attributable to a covered tariff (identified as the “tariff surcharge”).
(b) Exemption.—Subsection (a) does not apply to a sale made by a small business concern.
(c) Regulations.—The Federal Trade Commission may promulgate, in accordance with section 553 of title 5, United States Code, such regulations as may be necessary to carry out this section.
(d) Enforcement by Federal Trade Commission.—
(1) Unfair or deceptive acts or practices.—A violation of this section or a regulation promulgated under this section shall be treated as a violation of a regulation under section 18(a)(1)(B) of the Federal Trade Commission Act (15 U.S.C. 57a(a)(1)(B)) regarding unfair or deceptive acts or practices.
(2) Powers of commission.—The Federal Trade Commission shall enforce this section and the regulations promulgated under this section in the same manner, by the same means, and with the same jurisdiction, powers, and duties as though all applicable terms and provisions of the Federal Trade Commission Act (15 U.S.C. 41 et seq.) were incorporated into and made a part of this Act. Any person who violates this section or a regulation promulgated under this section shall be subject to the penalties and entitled to the privileges and immunities provided in the Federal Trade Commission Act.
(e) Applicability.—This section shall apply to a sale that occurs on or after the date that is 30 days after the date of the enactment of this Act.
(f) Definitions.—In this section:
(1) Covered tariff.—The term “covered tariff” means a tariff, including a tariff rate change—
(A) imposed on an emergency or other discretionary basis by the President; and
(B) that entered into force on or after January 20, 2025.
(2) Small business concern.—The term “small business concern” has the meaning given such term under section 3 of the Small Business Act (15 U.S.C. 632). <all>
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