Last Sale Valuation Act of 2026
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 2
- Latest action
- Feb 11, 2026
What it does
The Last Sale Valuation Act of 2026 would amend the Tariff Act of 1930 to clarify how customs valuation determines the transaction value of imported goods, specifically by defining the “price actually paid or payable” in multi-step transactions as the amount paid in the final sale that brings the merchandise into the United States. It would also require that adjustments to transaction value include access to books and records by U.S. Customs and Border Protection. The bill affects importers, exporters, and customs officials involved in international trade by standardizing valuation methods for multi-tiered sales chains.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.