,i  #aagth ,,congress  #b;d ,session    
,h4 ,r4 #gihe  ,,in ,,the ,,house ,,of  
,,representatives  ,june #h1 #bjbb,mrs4 
,murphy of ,florida introduced the      
following bill2 which was referred to   
the ,committee on ,ways and ,means  ,a  
,,bill  ,to require the ,secretary of   
the ,treasury to submit a report on the 
inflationary impact of certain tariffs1 
and for other purposes4  #a4 ,short     
title ,this ,act may be cited as the    
,repeal ,tariffs to ,reduce ,inflation  
,act of #bjbb4  #b4 ,inflationary impact
 report  7a7 ,in general ,not later than
 #fj days after the date of the         
enactment of this ,act1 the ,secretary  
of the ,treasury1 in coordination with  
the ,united ,states ,trade              
,representative1 the ,secretary of      
,commerce1 and the ,international ,trade
 ,commission1 and in consultation with  
the heads of other relevant ,federal    
departments and agencies1 shall submit  
to the ,committee on ,ways and ,means of
 the ,house of ,representatives and the 

,committee on ,finance of the ,senate a 
report on the inflationary impact of    
changes to the tariff rates applied to  
articles imported into the ,united      
,states and of other ,united ,states    
trade restrictions imposed during the   
period beginning on ,january #a1 #bjah1 
and ending on the date of the enactment 
of this ,act1 including due to the      
expiration of preferential trade        
programs during such period4 ,the report
 shall specifically include the         
assessment of the ,secretary of the     
,treasury of the inflationary impact    
during such period of the following3    
7#a7 ,tariffs and other trade           
restrictions imposed pursuant to the    
authority provided by section #cja of   
the ,trade ,act of #aigd 7#ai ,u4,s4,c4 
#bdaa74  7#b7 ,tariffs and other trade  
restrictions imposed pursuant to section
 #bja of the ,trade ,act of #aigd 7#ai  
,u4,s4,c4 #bbea74  7#c7 ,tariffs and    
other trade restrictions imposed        
pursuant to section #bcb of the ,trade  

,expansion ,act of #aifb 7#ai ,u4,s4,c4 
#ahfb74  7#d7 ,the expiration of the    
,generalized ,system of ,preferences    
program on ,december #ca1 #bjbj         
7authorized under #ai ,u4,s4,c4 #bdfa et
 seq474  7b7 ,basis for impact modeling 
,the estimates of inflationary impacts  
included in the report required by      
subsection 7a7 should reflect both--    
7#a7 the direct impact of tariffs and   
other trade restrictions on the landed  
cost of imported merchandise2 and  7#b7 
the competitive impact of tariffs and   
other trade restrictions on the price of
 domestic merchandise that can          
substitute for imports4