Educational Toy Tax Relief Act
The Educational Toy Tax Relief Act would stop the President from imposing duties under the International Emergency Economic Powers Act (IEEPA) on a defined set of baby toy items, and it would terminate any IEEPA-based duties on those items that are already in effect as of the law’s enactment. It also extends to prohibit duties imposed under any other authority that is substantially similar to IEEPA. The items covered are: (1) products for children under age three; (2) tricycles, scooters, and pedal cars for babies and children; (3) playpens, play yards, and enclosures; (4) baby swings; and (5) educational toys for babies and children. In short, the bill provides immediate relief from import duties for these specific items, potentially lowering costs for families and influencing trade policy related to these products.
Key Points
- 1Short title: Educational Toy Tax Relief Act.
- 2Prohibition on IEEPA-based duties: The President may not impose duties on the listed baby toy items under IEEPA, and any such duties in effect at enactment must be terminated.
- 3Termination of existing duties: Duties on the listed items that are currently in force due to IEEPA must end upon enactment.
- 4Prohibition under similar authorities: Any duties imposed on the listed items under other authorities that are substantially similar to IEEPA shall have no force.
- 5Scope of items: The act covers five categories—(1) products for children under three, (2) tricycles/scooters/pedal cars for babies and children, (3) playpens/yards/enclosures, (4) baby swings, and (5) educational toys for babies and children.