Trump Tariff Rebate Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 6781 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 6781 To amend the Internal Revenue Code of 1986 to increase the standard deduction for taxable years 2026 and 2027 by the tariff rebate amount. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 17, 2025 Mr. Burchett introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to increase the standard deduction for taxable years 2026 and 2027 by the tariff rebate amount. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Trump Tariff Rebate Act''. SEC. 2. STANDARD DEDUCTION FOR TAXABLE YEARS 2026 AND 2027 INCREASED BY TARIFF REBATE AMOUNT. (a) In General.--Section 63(c) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: ``(8) Special rules for taxable years…