Small Business RELIEF Act

HR6215 was introduced on November 20, 2025, by Rep. Kelly Morrison (D-MN) and referred to the House Committee on Ways and Means. It is in the earliest possible stage of the legislative process — introduction and referral to committee. The bill has 32 cosponsors and an identical companion bill (S2777) in the Senate, which has also been read twice and referred to the Senate Committee on Finance. Despite these signs of bipartisan interest, no committee hearings, markups, or votes have occurred. The bill authorizes no spending — it only exempts small businesses from tariff duties and provides for refunds of duties already paid. There is no appropriated funding, no new program, and no contract authority. Large retailers such as Amazon ($AMZN), Walmart ($WMT), Target ($TGT), and Best Buy ($BBY) would face relative competitive headwinds if the bill became law, because they would continue paying the tariffs while small business competitors would not. However, this is a speculative, distant scenario. The legislative path remaining is substantial: committee consideration, House floor vote, Senate passage, conference committee (if needed), and presidential action. Given that the bill was introduced over five months ago with no further action, its momentum appears stalled. No real market data is available; no stock price movements should be fabricated.