Senators Chris Coons (D-Del.) and Jacky Rosen (D-Nev.) introduced a bill to exclude homebuilding materials from President Trump’s tariffs in order to lower the cost of homes.
Introduce legislation to exclude homebuilding materials from tariffs in order to lower the cost of homes.
Occurrences
U.S. Senator Chris Coons (D-Del.) introduced the Housing Tariff Exclusion Act as an amendment to the bipartisan 21st Century ROAD to Housing Act, legislation aimed at increasing housing supply and improving affordability.
Evidence
U.S. Senators Chris Coons (D-Del.) and Jacky Rosen (D-Nev.) introduced the Housing Tariff Exclusion Act to exclude homebuilding materials from President Trump's tariffs, aiming to lower the cost of homes. The bill would automatically exempt many homebuilding materials from current and future tariffs and allow importers to apply for tariff exemptions on materials not automatically exempted.
Senator Coons celebrated the passage of the 21st Century ROAD to Housing Act, a bipartisan legislation designed to increase the nation's housing supply and improve affordability. While the Housing Tariff Exclusion Act was introduced as an amendment to this broader housing package, it was not included in the final bill.
The National Association of Home Builders (NAHB) worked with Senators Rosen and Coons to introduce the Housing Tariff Exclusion Act, aiming to address the housing affordability crisis by creating an exemption process for building materials from tariffs.
Senators Rosen and Coons introduced a bill to exempt home construction materials from tariffs, a move supported by the National Association of Home Builders to reduce construction costs and alleviate the housing affordability crisis.
Assessments
Senator Coons clearly introduced legislation (the Housing Tariff Exclusion Act) to exclude homebuilding materials from tariffs as promised. However, while he made a serious legislative attempt, including introducing an amendment to a broader housing package, the measure was not included in the final bill and did not become law. Therefore, the promise was never delivered but significant effort was made.