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S 1593
Introduced Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.

Small Business Liberation Act

To exempt small business concerns from duties imposed pursuant to the national emergency declared on April 2, 2025, by the President.

Introduced May 5, 2025

Latest action (May 21, 2025) Committee on Small Business and Entrepreneurship. Hearings held.

Policy area
Issues
Economy & Taxes
Legislative subjects (2)

Summary

  • Exempts small business concerns from tariff duties imposed pursuant to Executive Order 14257 and the national emergency declaration of April 2, 2025.
  • Allows imported goods used by or for small businesses to avoid the tariffs applied to other importers.
  • Defines eligible small businesses using the criteria established in the Small Business Act.

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)

Money behind the sponsor

Top reported contributors to Edward J. Markey’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.

  • WILMERHALE $29,800
  • STANFORD UNIVERSITY $13,200
  • THE WONDERFUL COMPANY $13,200
  • BAD ROBOT $13,200
  • GOOGLE $12,850

Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Edward J. Markey → · Outside spending →

Actions (4)

  1. May 21, 2025 Committee on Small Business and Entrepreneurship. Hearings held. · senate
  2. May 14, 2025 Committee on Small Business and Entrepreneurship. Hearings held. · senate
  3. May 5, 2025 Read twice and referred to the Committee on Finance. · senate
  4. May 5, 2025 Introduced in Senate

More bills on these subjects (8)

Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).

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)

  • Introduced in Senate · May 5, 2025

Only one text version is on file, so there’s no earlier version to compare against yet.

Committee action

What happened to this bill in committee — the meetings where it was considered and every recorded vote taken on it.

Meetings where this bill was on the agenda

Full text

IN THE SENATE OF THE UNITED STATES

May 5, 2025

Mr. Markey (for himself, Mr. Schumer, and Ms. Hirono) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To exempt small business concerns from duties imposed pursuant to the national emergency declared on April 2, 2025, by the President.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

The Act may be cited as the “Small Business Liberation Act”.

SEC. 2. EXEMPTION FOR SMALL BUSINESS CONCERNS FROM DUTIES IMPOSED PURSUANT TO NATIONAL EMERGENCY DECLARATION.

Duties imposed pursuant to Executive Order 14257 (90 Fed. Reg. 15041) shall not apply with respect to goods imported by or for the use of small business concerns, as defined in section 3 of the Small Business Act (15 U.S.C. 632). <all>

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