House bill · H.R. 505 (119th Congress)
To impose additional duties on imports of goods into the United States.
U.S. House of Representatives
Sponsor: Jared F. Golden (U.S. Representative, ME-2, Democratic)
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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data
Summary
This bill directs the President to impose additional duties (i.e., tariffs) on all imports entering the United States. Specifically, the President must impose an additional 10% duty on all imports entering the United States. Additionally, the bill directs the President to increase this duty on imported goods by an additional 5% if the United States has a deficit in the trade of goods and services generally for the immediately preceding calendar year. If the United States has a balance or surplus in the trade of goods and services, then the President must decrease the duty by 5% (except the imposed duty shall not be reduced below $0).
Summary from the Congressional Research Service. How we handle summaries
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
House Committee on Ways and Means · U.S. House of Representatives
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Full history
- Jan 16, 2025
Introduced
Introduced in House
U.S. House of Representatives
- Jan 16, 2025
Introduced
Introduced in U.S. House
U.S. House
- Jan 16, 2025
Referred to committee
Referred to the House Committee on Ways and Means.
U.S. House of Representatives
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.