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H.R. 4962IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 2 · H.R. 4962

United states international trade commission study and report on inflationary effects of tariffs

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(a) Study The United States International Trade Commission (in this Act referred to as the “Commission”) shall carry out a study on the inflationary impact of the tariffs imposed by Executive orders issued during the period beginning on or after January 20, 2025, and ending on the date of enactment of this Act. (b) Report Not later than 60 days after the date of enactment of this Act, the Commission shall submit to Congress a report containing— (1) the results of the study under subsection (a); and (2) impacts to the Consumer Price Index for All Urban Consumers (CPI–U) and in comparable measures tracking price changes in non-urban areas, as determined by the Bureau of Labor Statistics, of the tariffs described in subsection (a).