FORMULA Act
Last action on Jun 24, 2022Held at the desk.
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Summary
The Fixing Our Regulatory Mayhem Upsetting Little Americans Act (FORMULA Act) was designed to address infant formula shortages by temporarily lifting trade barriers. For a period of 90 days following its enactment, the bill eliminates import duties and tariffs on infant formula products brought into the United States. This measure aims to lower the cost and increase the availability of formula for families by making it easier for retailers to stock international supplies.
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