- H.R. 10171August 27, 2026
- H.R. 10156August 27, 2026
- H.R. 10172August 27, 2026
- H.R. 10160August 27, 2026
- H.R. 10181August 27, 2026
- H.R. 10176August 27, 2026
- H.Res. 1496August 27, 2026
- H.R. 10164August 27, 2026
- H.R. 10170August 27, 2026
- H.Res. 1494August 27, 2026
- H.R. 10163August 27, 2026
- H.R. 10157August 27, 2026
- Administration
- Agriculture
- Agriculture, Nutrition, And Forestry
- Appropriations
- Armed Services
- Banking, Housing, And Urban Affairs
- Budget
- Commerce, Science, And Transportation
- Education and Workforce
- Energy And Commerce
- Energy And Natural Resources
- Environment And Public Works
- Ethics
- Finance
- Financial Services
- Foreign Affairs
- Foreign Relations
- Health, Education, Labor, And Pensions
- Homeland Security
- Homeland Security And Governmental Affa…
- Indian Affairs
- Indian and Insular Affairs
- Intelligence
- Judiciary
- Natural Resources
- Oversight And Government Reform
- Permanent Select Intelligence
- Rules
- Rules And Administration
- Science, Space, And Technology
- Select Intelligence
- Small Business
- Small Business And Entrepreneurship
- Subcommittee on Aviation
- Subcommittee on Border Security and Enf…
- Subcommittee on Coast Guard and Maritim…
- Subcommittee on Commodity Markets, Digi…
- Subcommittee on Conservation, Research,…
- Subcommittee on Counterterrorism and In…
- Subcommittee on Cybersecurity and Infra…
- Subcommittee on Disability Assistance a…
- Subcommittee on Economic Development, P…
- Subcommittee on Economic Opportunity
- Subcommittee on Emergency Management an…
- Subcommittee on Energy and Mineral Reso…
- Subcommittee on Federal Lands
- Subcommittee on Forestry and Horticultu…
- Subcommittee on General Farm Commoditie…
- Subcommittee on Health
- Subcommittee on Highways and Transit
- Subcommittee on Livestock, Dairy, and P…
- Subcommittee on Nutrition and Foreign A…
- Subcommittee on Oversight and Investiga…
- Subcommittee on Oversight, Investigatio…
- Subcommittee on Railroads, Pipelines, a…
- Subcommittee on Transportation and Mari…
- Subcommittee on Water Resources and Env…
- Subcommittee on Water, Wildlife and Fis…
- Transportation And Infrastructure
- Veterans' Affairs
- Ways And Means

S. 4945
U.S. Senate•In Senate Committee
Summary
S. 4945, the Home Market Restoration Act of 2026, was introduced in the Senate on Jul 13, 2026 by Sen. Bill Cassidy (R). It was referred to Finance, and last saw action on Jul 13, 2026: Read twice and referred to the Committee on Finance.
Record
Text
S. 4945 has no co-sponsors and has not gone to a roll call.
sb4945/introduced-in-senate.txt119 S4945 IS: Home Market Restoration Act of 2026U.S. Senate2026-07-13text/xmlENPursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.II 119th CONGRESS 2d Session S. 4945 IN THE SENATE OF THE UNITED STATES July 13, 2026 Mr. Cassidy introduced the following bill; which was read twice and referred to the Committee on Finance A BILLTo impose tariff-rate quotas on certain imports.1.Short title; table of contents(a)Short titleThis Act may be cited as the Home Market Restoration Act of 2026 .(b)Table of contentsThe table of contents for this Act is as follows:Sec. 1. Short title; table of contents.TITLE I—Tariff-rate quotasSec. 101. Tariff-rate quotas on shrimp.Sec. 102. Tariff-rate quotas on honey.Sec. 103. Tariff-rate quotas on crawfish products.Sec. 104. Tariff-rate quotas on rice.Sec. 105. Tariff-rate quotas on siluriformes fish fillets.TITLE II—Duty increases and tariff-rate quotasSec. 201. Duty increase and tariff-rate quotas on sheep and goat meat.Sec. 202. Increase in duties on live bovine animals; tariff-rate quotas on beef.Sec. 203. Adjustment for inflation; publication of rates.ITariff-rate quotas101.Tariff-rate quotas on shrimp(a)In general(1)ArgentinaIn any calendar year, the aggregate quantity of shrimp originating in Argentina that may enter the United States at the rate of duty specified in column 1 of the HTS is 13,063,460 kilograms, of which not more than 11,113,013 kilograms may be wild-caught warmwater shrimp.(2)EcuadorIn any calendar year, the aggregate quantity of shrimp originating in Ecuador that may enter the United States at the rate of duty specified in column 1 of the HTS is 181,164,793 kilograms, of which not more than 170,278,576 kilograms may be farmed warmwater shrimp.(3)IndiaIn any calendar year, the aggregate quantity of shrimp originating in India that may enter the United States at the rate of duty specified in column 1 of the HTS is 267,256,624 kilograms, of which—(A)not more than 221,806,669 kilograms may be farmed warmwater shrimp; and(B)not more than 42,773,760 kilograms may be frozen cooked shrimp.(4)IndonesiaIn any calendar year, the aggregate quantity of shrimp originating in Indonesia that may enter the United States at the rate of duty specified in column 1 of the HTS is 126,461,553 kilograms, of which—(A)not more than 77,791,091 kilograms may be farmed warmwater shrimp;(B)not more than 25,945,484 kilograms may be frozen cooked shrimp; and(C)not more than 21,500,278 kilograms may be breaded shrimp.(5)MexicoIn any calendar year, the aggregate quantity of shrimp originating in Mexico that may enter the United States at the rate of duty specified in column 1 of the HTS is 13,199,538 kilograms, of which—(A)not more than 5,397,749 kilograms may be wild-caught warmwater shrimp; and(B)not more than 7,665,711 kilograms may be farmed warmwater shrimp.(6)People's Republic of ChinaIn any calendar year, the aggregate quantity of shrimp originating in the People's Republic of China that may enter the United States at the rate of duty specified in column 1 of the HTS is 2,948,350 kilograms, of which not more than 2,766,913 kilograms may be breaded shrimp.(7)ThailandIn any calendar year, the aggregate quantity of shrimp originating in Thailand that may enter the United States at the rate of duty specified in column 1 of the HTS is 25,673,328 kilograms, of which—(A)not more than 7,711,070 kilograms may be farmed warmwater shrimp;(B)not more than 7,438,915 kilograms may be frozen cooked shrimp; and(C)not more than 8,981,129 kilograms may be breaded shrimp.(8)VietnamIn any calendar year, the aggregate quantity of shrimp originating in Vietnam that may enter the United States at the rate of duty specified in column 1 of the HTS is 58,876,290 kilograms, of which—(A)not more than 22,951,774 kilograms may be farmed warmwater shrimp;(B)not more than 21,182,764 kilograms may be frozen cooked shrimp; and(C)not more than 13,562,412 kilograms may be breaded shrimp.(9)Other countriesIn any calendar year, the aggregate quantity of shrimp originating in a country not specified in any of paragraphs (1) through (8) that may enter the United States at the rate of duty specified in column 1 of the HTS is 2,721,554 kilograms.(b)Above-Quota duty rateIf, in a calendar year, shrimp enters the United States in a quantity that exceeds a limitation specified in subsection (a), the quantity of shrimp in excess of that limitation shall be subject to a rate of duty of 40 percent ad valorem, which shall be in addition to any other duties applicable to the shrimp.(c)DefinitionsIn this section:(1)Breaded shrimpThe term breaded shrimp means breaded shrimp classified under statistical reporting number 1605.21.1020 of the HTS.(2)Canned shrimpThe term canned shrimp means non-frozen cooked shrimp classified under statistical reporting number 1605.29.1040 of the HTS.(3)Coldwater shrimpThe term coldwater shrimp means the following:(A)Frozen coldwater shrimp classified under subheading 0306.16.00 of the HTS.(B)Fresh coldwater shrimp classified under subheading 0306.35.00 of the HTS.(4)Farmed warmwater shrimpThe term farmed warmwater shrimp means the following:(A)Frozen farmed warmwater shell-on shrimp classified under statistical reporting number 0306.17.0004, 0306.17.0005, 0306.17.0007, 0306.17.0008, 0306.17.0010, 0306.17.0011, 0306.17.0013, 0306.17.0014, or 0306.17.0016 of the HTS.(B)Frozen peeled farmed warmwater shrimp classified under statistical reporting number 0306.17.0041 of the HTS.(5)Frozen cooked shrimpThe term frozen cooked shrimp means frozen cooked shrimp classified under statistical reporting number 1605.21.1030 or 1605.29.1010 of the HTS.(6)HTSThe term HTS means the Harmonized Tariff Schedule of the United States.(7)Other shrimpThe term other shrimp means the following:(A)Fresh, shell-on warmwater shrimp classified under subheading 0306.36.00 of the HTS.(B)Dried, shell-on shrimp classified under subheading 0306.95.00 of the HTS.(8)ShrimpThe term shrimp means—(A)breaded shrimp;(B)canned shrimp;(C)coldwater shrimp;(D)farmed warmwater shrimp;(E)frozen cooked shrimp;(F)other shrimp;(G)shrimp imported as part of prepared meals; and(H)wild-caught warmwater shrimp.(9)Shrimp imported as part of prepared mealsThe term shrimp imported as part of prepared meals means shrimp classified under subheading 1605.21.05 or 1605.29.05 of the HTS.(10)Wild-caught warmwater shrimpThe term wild-caught warmwater shrimp means the following:(A)Frozen wild-caught warmwater shell-on shrimp classified under statistical reporting number 0306.17.0017, 0306.17.0019, 0306.17.0020, 0306.17.0022, 0306.17.0023, 0306.17.0025, 0306.17.0026, 0306.17.0028, or 0306.17.0029 of the HTS.(B)Frozen peeled wild-caught warmwater shrimp classified under statistical reporting number 0306.17.0042 of the HTS.102.Tariff-rate quotas on honey(a)In generalIn any calendar quarter, the aggregate quantity of honey that may enter the United States at the rate of duty specified in column 1 of the HTS is 39,235,740 kilograms.(b)Country allocations(1)In generalThe aggregate quantity of honey originating in a country that may enter the United States at the rate of duty specified in column 1 of the HTS in a calendar quarter—(A)shall be determined based on the percentage of the total quantity of honey imported into the United States during the base period that originated in the country, rounded to the nearest 1/10 percent; and(B)may not exceed 25 percent of the quantity of honey permitted to enter the United States in that calendar quarter.(2)Subcategories(A)In generalThe aggregate quantity of honey determined for a country under paragraph (1) shall be subdivided into limitations on imports of the following categories, which shall be determined based on the percentage of imports of each such category from that country in 2020:(i)Certified organic honey.(ii)Comb honey and honey packaged for retail sale.(iii)Extra light amber or lighter honey.(iv)Light amber or darker honey.(B)Treatment of honey syrupHoney syrup entering the United States during a calendar quarter shall be counted against the limitation for extra light amber or lighter honey under subparagraph (A)(iii).(3)Publication of limitationsThe Commissioner of U.S. Customs and Border Protection shall publish on a publicly accessible website of U.S. Customs and Border Protection the limitations determined under paragraphs (1) and (2) for each country.(c)Requirement for export licensesHoney may not be imported into the United States from a country unless the exporter obtains a license from the customs authority of that country for the exportation of the honey to the United States that specifies the exporter's share of the aggregate quantity of honey originating in the country that may, under subsection (b)(1), enter the United States at the rate of duty specified in column 1 of the HTS in a calendar quarter.(d)Above-Quota duty rate(1)In generalIf, in a calendar quarter, honey enters the United States in a quantity that exceeds a limitation imposed under subsection (a) or (b), the quantity of honey in excess of that limitation shall be subject to a rate of duty determined under paragraph (2).(2)Determination of duty rateThe rate of duty for honey entering the United States in excess of a limitation imposed under subsection (a) or (b) shall be the difference between the commercial landed value of the honey (as determined by the Secretary of Agriculture) and the average cost of production of honey in the United States.(e)Application of other dutiesImports of honey, whether or not in excess of a limitation imposed under subsection (a) or (b), shall, in addition to any duties under this section, be subject to all duties applicable to the honey under any other provision of law, including antidumping or countervailing duties under title VII of the Tariff Act of 1930 ( 19 U.S.C. 1677 et seq. ).(f)DefinitionsIn this section:(1)Base periodThe term base period means the period beginning January 1, 2018, and ending December 31, 2023.(2)Calendar quarterThe term calendar quarter means each of the following 3-month periods in a calendar year:(A)The period beginning on January 1 and ending on March 31.(B)The period beginning on April 1 and ending on June 30.(C)The period beginning on July 1 and ending on September 30.(D)The period beginning on October 1 and ending on December 31.(3)Certified organic honeyThe term certified organic honey means honey classified under statistical reporting number 0409.00.0005 of the HTS.(4)Comb honey and honey packaged for retail saleThe term comb honey and honey packaged for retail sale means honey classified under statistical reporting number 0409.00.0010 of the HTS.(5)Commercial landed valueThe term commercial landed value , with respect to honey—(A)means the value of the honey, as appraised under section 402 of the Tariff Act of 1930 ( 19 U.S.C. 1401a ); and(B)includes—(i)the price actually paid or payable for the honey when sold for exportation to the United States; and(ii)if not included in the price described in clause (i)—(I)all duties imposed by the United States with respect to the honey, including antidumping and countervailing duties under title VII of the Tariff Act of 1930 ( 19 U.S.C. 1677 et seq. ); and(II)freight, insurance, and other charges incurred in transporting the honey to the United States.(6)Extra light amber or lighter honeyThe term extra light amber or lighter honey means honey classified under statistical reporting number 0409.00.0035 or 0409.00.0045 of the HTS.(7)Honey(A)In generalThe term honey means—(i)all honey classified under heading 0409 of the HTS; and(ii)sugar syrups containing honey classified under subheading 2106.90.99 of the HTS.(B)Determination of weightIn determining the weight of a syrup described in subparagraph (A)(ii) for purposes of this section, the full weight of the syrup shall be used.(8)Honey syrup(A)In generalThe term honey syrup means any mixture of honey and other sugars or sweeteners classified under subheading 2106.90.99 of the HTS.(B)Determination of weightIn determining the weight of a syrup described in subparagraph (A) for purposes of this section, the full weight of the syrup shall be used.(9)HTSThe term HTS means the Harmonized Tariff Schedule of the United States.(10)Light amber or darker honeyThe term light amber or darker honey means honey classified under statistical reporting number 0409.00.0056 or 0409.00.0065 of the HTS.103.Tariff-rate quotas on crawfish products(a)In general(1)EgyptIn any calendar year, the aggregate quantity of crawfish products originating in Egypt that may enter the United States at the rate of duty specified in subsection (b) is 635,030 kilograms.(2)JapanIn any calendar year, the aggregate quantity of crawfish products originating in Japan that may enter the United States at the rate of duty specified in subsection (b) is 100,924 kilograms.(3)People's Republic of ChinaIn any calendar year, the aggregate quantity of crawfish products originating in the People's Republic of China that may enter the United States at the rate of duty specified in subsection (b) is 3,719,462 kilograms.(4)SpainIn any calendar year, the aggregate quantity of crawfish products originating in Spain that may enter the United States at the rate of duty specified in subsection (b) is 725,749 kilograms.(5)VietnamIn any calendar year, the aggregate quantity of crawfish products originating in Vietnam that may enter the United States at the rate of duty specified in subsection (b) is 63,503 kilograms.(6)Other countriesIn any calendar year, the aggregate quantity of crawfish products originating in all countries not specified in any of paragraphs (1) through (5) that may enter the United States at the rate of duty specified in subsection (b) is 7,258 kilograms.(b)In-Quota rateThe rate of duty applicable to the quantity of crawfish products entering the United States below an applicable limitation under subsection (a) shall be—(1)with respect to crawfish products originating in Egypt, the People's Republic of China, Spain, or Vietnam, 302.53 percent ad valorem; and(2)with respect to crawfish products originating in Japan or any country not specified in any of paragraphs (1) through (5) of subsection (a), 151.27 percent ad valorem.(c)Above-Quota rateThe rate of the duty applicable to the quantity of crawfish products entering the United States in excess of an applicable limitation under subsection (a) shall be—(1)with respect to crawfish products originating in Egypt, the People's Republic of China, Spain, or Vietnam, 402.53 percent ad valorem; and(2)with respect to crawfish products originating in Japan or any country not specified in any of paragraphs (1) through (5) of subsection (a), 251.27 percent ad valorem.(d)Application of other dutiesImports of crawfish products, whether or not in excess of a limitation under subsection (a), shall, in addition to any duties imposed under this section, be subject to all duties applicable to the products under any other provision of law, including antidumping or countervailing duties under title VII of the Tariff Act of 1930 ( 19 U.S.C. 1677 et seq. ).(e)DefinitionsIn this section:(1)Crawfish productThe term crawfish product means any of the following:(A)Frozen freshwater crawfish, or flours, meals, and pellets fit for human consumption, classified under statistical reporting number 0309.90.3000 of the HTS.(B)Freshwater crawfish, including in shell, cooked by steaming or boiling, frozen, classified under statistical reporting number 0306.19.0110 of the HTS.(C)Flours, meals, and pellets of frozen freshwater crawfish, fit for human consumption, classified under statistical reporting number 0309.90.1010 of the HTS.(D)Peeled freshwater crawfish tail meat, prepared or preserved, classified under statistical reporting number 1605.40.1010 of the HTS.(2)HTSThe term HTS means the Harmonized Tariff Schedule of the United States.104.Tariff-rate quotas on rice(a)Aggregate limitationIn calendar year 2028 and each calendar year thereafter, the aggregate quantity of rice that may enter the United States at the rate of duty specified in column 1 of the HTS during that calendar year may not exceed a quantity that is equal to 10 percent of the total quantity of rice used in the United States during the previous marketing year, as reported by the World Agricultural Supply and Demand Estimates report published by the Department of Agriculture.(b)Country limitations(1)In generalIn calendar year 2028 and each calendar year thereafter—(A)the aggregate quantity of rice originating in India that may enter the United States at the rate of duty specified in column 1 of the HTS is a quantity not to exceed 12 percent of the aggregate limitation under subsection (a);(B)the aggregate quantity of rice originating in Pakistan that may enter the United States at the rate of duty specified in column 1 of the HTS is a quantity not to exceed 14 percent of the aggregate limitation under subsection (a);(C)the aggregate quantity of rice originating in Thailand that may enter the United States at the rate of duty specified in column 1 of the HTS is a quantity not to exceed 58 percent of the aggregate limitation under subsection (a);(D)the aggregate quantity of rice originating in Vietnam that may enter the United States at the rate of duty specified in column 1 of the HTS is a quantity not to exceed 2 percent of the aggregate limitation under subsection (a); and(E)the aggregate quantity of rice originating in all countries (subject to subsection (g)), in the aggregate, not specified in any of subparagraphs (A) through (D) that may enter the United States at the rate of duty specified in column 1 of the HTS is 14 percent of the aggregate limitation under subsection (a).(2)Reallocation authorityIf the Secretary of Agriculture determines that the aggregate quantity of rice originating in a country specified in any of subparagraphs (A) through (D) of paragraph (1) entering the United States in a calendar year will be less than the limitation applicable to the country under that paragraph, the Secretary may increase the limitation for all countries under subparagraph (E) of that paragraph by the quantity by which the limitation applicable to the country exceeds the quantity of rice originating in the country and entering the United States during that year.(c)Transition rule for calendar year 2027In calendar year 2027—(1)the aggregate quantity of rice originating in India that may enter the United States at the rate of duty specified in column 1 of the HTS is 49,000,000 kilograms;(2)the aggregate quantity of rice originating in Pakistan that may enter the United States at the rate of duty specified in column 1 of the HTS is 14,000,000 kilograms;(3)the aggregate quantity of rice originating in the People's Republic of China that may enter the United States at the rate of duty specified in column 1 of the HTS is 11,000,000 kilograms;(4)the aggregate quantity of rice originating in Thailand that may enter the United States at the rate of duty specified in column 1 of the HTS is 129,000,000 kilograms;(5)the aggregate quantity of rice originating in Vietnam that may enter the United States at the rate of duty specified in column 1 of the HTS is 4,400,000 kilograms; and(6)the aggregate quantity of rice originating in all countries, in the aggregate, not specified in any of paragraphs (1) through (5) that may enter the United States at the rate of duty specified in column 1 of the HTS is 24,000,000 kilograms.(d)Above-Quota rateSubject to subsections (e) and (f), the rate of the duty applicable to the quantity of rice entering the United States in a calendar year in excess of an applicable limitation under subsection (b) or (c) shall be 65 percent ad valorem.(e)Additional safeguard(1)In generalIf the aggregate quantity of rice entering the United States from a country specified in any of subparagraphs (A) through (D) of subsection (b)(1) in a calendar year exceeds the quantity for that country specified in paragraph (2), the rate of duty applicable to the quantity of rice entering the United States from that country in excess of the quantity specified in paragraph (2) shall be 130 percent ad valorem.(2)Quantity specifiedThe quantity specified in this paragraph is 120 percent of the limitation applicable to the country for a calender year under subsection (b) or (c), as applicable.(f)Application of other dutiesImports of rice, whether or not in excess of a limitation under subsection (b) or (c), shall, in addition to any duties imposed under this section, be subject to all duties applicable to the products under any other provision of law, including antidumping or countervailing duties under title VII of the Tariff Act of 1930 ( 19 U.S.C. 1677 et seq. ).(g)Exclusion of imports from Canada and MexicoThis section shall not apply to rice that qualifies as an originating good under section 202 of the United States-Mexico-Canada Agreement Implementation Act ( 19 U.S.C. 4531 ).(h)DefinitionsIn this section:(1)HTSThe term HTS means the Harmonized Tariff Schedule of the United States.(2)RiceThe term rice means—(A)rice classified under heading 1006 of the HTS; and(B)rice flour classified under subheading 1102.90.25 of the HTS.105.Tariff-rate quotas on siluriformes fish fillets(a)In general(1)People's Republic of ChinaIn any calendar year, the aggregate quantity of siluriformes fish fillets originating in the People's Republic of China that may enter the United States at the rate of duty specified in subsection (b) is 5,800,000 kilograms.(2)VietnamIn any calendar year, the aggregate quantity of siluriformes fish fillets originating in Vietnam that may enter the United States at the rate of duty specified in subsection (b) is 84,000,000 kilograms.(3)Other countriesIn any calendar year, the aggregate quantity of siluriformes fish fillets originating in all countries not specified in paragraph (1) or (2) that may enter the United States at the rate of duty specified in subsection (b) is 45,000 kilograms.(b)In-Quota rateThe rate of duty applicable to the quantity of siluriformes fish entering the United States below an applicable limitation under subsection (a) shall be 50 percent ad valorem.(c)Above-Quota rateThe rate of the duty applicable to the quantity of siluriformes fish fillets entering the United States in excess of an applicable limitation under subsection (a) shall be 200 percent ad valorem.(d)Application of other dutiesImports of siluriformes fish fillets, whether or not in excess of a limitation under subsection (a), shall, in addition to any duties imposed under this section, be subject to all duties applicable to the products under any other provision of law, including antidumping or countervailing duties under title VII of the Tariff Act of 1930 ( 19 U.S.C. 1677 et seq. ).(e)DefinitionsIn this section:(1)HTSThe term HTS means the Harmonized Tariff Schedule of the United States.(2)Siluriformes fish filletThe term siluriformes fish fillet means a frozen fillet of siluriformes fish classified under subheading 0304.62.00 the HTS.IIDuty increases and tariff-rate quotas201.Duty increase and tariff-rate quotas on sheep and goat meat(a)Increase in column 1 duty rateChapter 2 of the HTS is amended by striking the rates of the duty in the column 1 general and special rate of duty columns and inserting $2.76/kg in each of the following subheadings:0204.10.00 0204.23.40 0204.42.40 0204.21.00 0204.30.00 0204.43.20 0204.22.20 0204.41.00 0204.43.40 0204.22.40 0204.42.20 0204.50.00 0204.23.20(b)Tariff-Rate quotaThe aggregate quantity of sheep or goat meat that may enter the United States at the rate of duty specified in column 1 of the HTS, as amended by subsection (a), is—(1)in calendar year 2027, 133,809,749 kilograms;(2)in calendar year 2028, 124,737,902 kilograms;(3)in calendar year 2029, 116,573,239 kilograms;(4)in calendar year 2030, 108,862,169 kilograms;(5)in calendar year 2031, 101,604,691 kilograms;(6)in calendar year 2032, 94,800,805 kilograms;(7)in calendar year 2033, 88,450,512 kilograms;(8)in calendar year 2034, 82,553,811 kilograms;(9)in calendar year 2035, 77,110,703 kilograms; and(10)in calendar year 2036, 72,121,187 kilograms.(c)Above-Quota duty rateIf, in a calendar year, sheep or goat meat enters the United States in a quantity that exceeds the applicable limitation imposed under subsection (b), the quantity of sheep or goat meat in excess of that limitation shall be subject to a rate of duty of $11.02 per kilogram.(d)DefinitionsIn this section:(1)HTSThe term HTS means the Harmonized Tariff Schedule of the United States.(2)Sheep or goat meatThe term sheep or goat meat means all meat of sheep or goats classified under subheadings 0204.10.00 through 0204.50.00 of the HTS.202.Increase in duties on live bovine animals; tariff-rate quotas on beef(a)Live bovine animals(1)Increase in dutiesChapter 1 of the HTS is amended by striking the rate of the duty in the column 1 general and special rate of duty columns and inserting 25% in each of the following subheadings:0102.21.00 0102.29.40 0102.39.00 0102.29.20 0102.31.00 0102.90.00(2)Tariff-rate quotaThe aggregate quantity of live large bovines that may enter the United States in a calendar year at the rate of duty specified in column 1 of the HTS, as amended by paragraph (1), is 1,500,000.(3)Above-quota duty rateIf, in a calendar year, live large bovines enter the United States in a quantity that exceeds the limitation imposed under paragraph (2), the quantity of live large bovines in excess of that limitation shall be subject to a rate of duty of 50 percent ad valorem.(b)Beef(1)Increase in dutiesChapter 1 of the HTS is amended by striking the rate of the duty in the column 1 general and special rate of duty columns and inserting $1.68/kg in each of the following subheadings:0201.10.05 0201.30.06 0202.20.30 0201.10.10 0201.30.10 0202.20.50 0201.10.50 0201.30.30 0202.20.80 0201.20.02 0201.30.50 0202.30.02 0201.20.04 0201.30.80 0202.30.04 0201.20.06 0202.10.05 0202.30.06 0201.20.10 0202.10.10 0202.30.10 0201.20.30 0202.10.50 0202.30.30 0201.20.50 0202.20.02 0202.30.50 0201.20.80 0202.20.04 0202.30.80 0201.30.02 0202.20.06 0201.30.04 0202.20.10(2)Tariff-rate quotas on beef(A)In general(i)ArgentinaIn any calendar year, the aggregate quantity of beef originating in Argentina that may enter the United States at the rate of duty specified in column 1 of the HTS, as amended by paragraph (1), is 9,330,270 kilograms.(ii)AustraliaIn any calendar year, the aggregate quantity of beef originating in Australia that may enter the United States at the rate of duty specified in column 1 of the HTS, as amended by paragraph (1), is 85,921,160 kilograms.(iii)CanadaIn any calendar year, the aggregate quantity of beef originating in Canada that may enter the United States at the rate of duty specified in column 1 of the HTS, as amended by paragraph (1), is 130,309,410 kilograms.(iv)MexicoIn any calendar year, the aggregate quantity of beef originating in Mexico that may enter the United States at the rate of duty specified in column 1 of the HTS, as amended by paragraph (1), is 96,635,420 kilograms.(v)New ZealandIn any calendar year, the aggregate quantity of beef originating in New Zealand that may enter the United States at the rate of duty specified in column 1 of the HTS, as amended by paragraph (1), is 64,431,030 kilograms.(vi)UruguayIn any calendar year, the aggregate quantity of beef originating in Uruguay that may enter the United States at the rate of duty specified in column 1 of the HTS, as amended by paragraph (1), is 19,591,710 kilograms.(vii)Other countriesIn any calendar year, the aggregate quantity of beef originating in all countries not specified in any of clauses (i) through (vi) that may enter the United States at the rate specified in paragraph (2) is 65,005,000 kilograms.(B)Above-quota rateIn the case of beef originating in a country specified in any of clauses (i) through (vi) of subparagraph (A), the rate of the duty applicable to the quantity of beef entering the United States in excess of the applicable limitation under subparagraph (A) shall be $6.55 per kilogram.(C)Imports from other countriesIn the case of beef originating in a country not specified in any of clauses (i) through (vi) of subparagraph (A), no quantity of beef may enter the United States in excess of the limitation under clause (vii) of that subparagraph.(c)Application of other dutiesImports of live bovine animals and beef, whether or not in excess of a limitation under subsection (a) or (b), shall, in addition to any duties imposed under this section or an amendment made by this section, be subject to all duties applicable to the beef or animals under any other provision of law, including antidumping or countervailing duties under title VII of the Tariff Act of 1930 ( 19 U.S.C. 1677 et seq. ).(d)DefinitionsIn this section:(1)BeefThe term beef means meat of bovine animals classified under heading 0201 or 0202 of the HTS.(2)HTSThe term HTS means the Harmonized Tariff Schedule of the United States.(3)Live bovine animalThe term live bovine animal means an animal classified under heading 0102 of the HTS.203.Adjustment for inflation; publication of rates(a)Adjustment for inflation(1)In generalThe President shall adjust the rates of duty expressed as a dollar amount in subsections (a) and (c) of section 201 and paragraphs (1) and (2) of section 202(b) on October 1, 2027, and at the beginning of each fiscal year thereafter, to reflect the percentage (if any) of the increase in the average of the Consumer Price Index for the preceding 12-month period compared to the Consumer Price Index for fiscal year 2026.(2)Special rule for calculation of adjustmentIn adjusting an amount under paragraph (1), the President shall round the amount of any increase in the Consumer Price Index to the nearest cent.(3)Consumer price index definedIn this subsection, the term Consumer Price Index means the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the Department of Labor.(b)Publication of ratesThe Commissioner of U.S. Customs and Border Protection shall publish the rates of duty for each fiscal year, as adjusted under subsection (a), on a publicly accessible website of U.S. Customs and Border Protection.
Tracker
The tracker indicates the progress of this legislation as it moves through the legislative process.
- Introduced2026-07-13
- Passed Senate
- Passed House
- Conference
- To President
- Became Law
A bill to impose tariff-rate quotas on certain imports.
Sponsors
Sen. Bill Cassidy (R) sponsors S. 4945 alone.
Committees
S. 4945 went before 1 committee: Finance.
Actions
S. 4945 has taken 2 actions since Jul 13, 2026.
| Chamber | Action | |||
|---|---|---|---|---|
Jul 13, 2026 | Senate | Read twice and referred to the Committee on Finance.Finance Committee | ||
Jul 13, 2026 | — | Introduced in Senate |
Votes
S. 4945 has not gone to a roll call.
Titles
S. 4945 goes by 3 titles, 1 of them short titles.
- A bill to impose tariff-rate quotas on certain imports. — Official Title as Introduced
- Home Market Restoration Act of 2026 — Display Title
- Home Market Restoration Act of 2026 — Short Title(s) as Introduced
Lobbying
2 clients hired 2 firms and 9 registered lobbyists who named S. 4945 in 2 quarterly filings, 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.
Filed under Food Industry (safety, labeling, etc.), Trade (domestic/foreign), Agriculture, Consumer Issues/Safety/Products, Defense, Economics/Economic Development, Immigration, Labor Issues/Antitrust/Workplace.
Clients
Who paid to be heard, by how many filings named the bill.
| Client | Business | State | Firms | Filings | Reported |
|---|---|---|---|---|---|
| SOUTHERN SHRIMP ALLIANCE | Trade association representing the U.S. shrimp industry. | Florida | 1 | 1 | $45K |
| NATIONAL RESTAURANT ASSOCIATION | — | District of Columbia | 1 | 1 | — |
Firms
Registrants who filed on the bill, by filings.
| Registrant | Clients | Filings | Reported |
|---|---|---|---|
| NATIONAL RESTAURANT ASSOCIATION | 1 | 1 | — |
| PICARD KENTZ & ROWE LLP | 1 | 1 | $45K |
Lobbyists
Named on the filings that cite the bill.
| Lobbyist | Firms | Clients | Filings |
|---|---|---|---|
| AARON FRAZIER | 1 | 1 | 1 |
| BRENNAN DUCKETT | 1 | 1 | 1 |
| DANIEL ROEHL | 1 | 1 | 1 |
| JORDAN HEILICZER | 1 | 1 | 1 |
| LAURA ABSHIRE | 1 | 1 | 1 |
| LAUREN SCHWARZE | 1 | 1 | 1 |
| MATT WALKER | 1 | 1 | 1 |
| NATHANIEL MAANDIG RICKARD | 1 | 1 | 1 |
| SEAN KENNEDY | 1 | 1 | 1 |
Filings
The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.
| Client | Registrant | Period | Reported | Document |
|---|---|---|---|---|
| NATIONAL RESTAURANT ASSOCIATION | NATIONAL RESTAURANT ASSOCIATION | 2026 second_quarter | $790K | 2nd Quarter - Report |
| SOUTHERN SHRIMP ALLIANCE | PICARD KENTZ & ROWE LLP | 2026 second_quarter | $45K | 2nd Quarter - Report |
Classification
The Congressional Research Service files S. 4945 under Foreign Trade and International Finance, one of its 31 policy areas.
CRS Subjects
CRS assigns every bill one policy area from its 31; S. 4945’s is Foreign Trade and International Finance.
s4945/policy-areas.txtSource: congress.gov · legiscan.com