S. 3841

Summary

S. 3841, the Last Sale Valuation Act of 2026, was introduced in the Senate on Feb 11, 2026 by Sen. Bill Cassidy (R) with 1 co-sponsor. It was referred to Finance, and last saw action on Feb 11, 2026: Read twice and referred to the Committee on Finance.

Record

Text

S. 3841 has 1 co-sponsor.

119 S3841 IS: Last Sale Valuation Act of 2026
 U.S. Senate
 2026-02-11
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  2d Session  S. 3841  IN THE SENATE OF THE UNITED STATES   February 11, 2026   Mr. Cassidy  (for himself and  Mr. Whitehouse ) introduced the following bill; which was read twice and referred to the  Committee on Finance    A BILL
To amend the Tariff Act of 1930 to modify the determination of transaction value for customs valuation.
1.
Short title
This Act may be cited as the   Last Sale Valuation Act of 2026  .
2.
Modification to determination of transaction value for customs valuation
Section 402 of the Tariff Act of 1930 ( 19 U.S.C. 1401a ) is amended—
(1)
in subsection (b)(4), by adding at the end the following:
(C)
The term  sold for exportation to the United States , with respect to imported merchandise, means—
(i)
in the case of a transaction involving one sale, the price actually paid or payable by the buyer in the United States to the seller located in another country for the merchandise; and
(ii)
in the case of a transaction involving a series of sales, the price actually paid or payable by the buyer in the United States for the merchandise in the last sale that introduces the merchandise into the United States.
 ; and
(2)
in subsection (h)(5), in the flush text following subparagraph (C), by inserting  , including access to books and records by U.S. Customs and Border Protection  after  adjustment .

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

A bill to amend the Tariff Act of 1930 to modify the determination of transaction value for customs valuation.

Sponsors

Sen. Bill Cassidy (R) sponsors S. 3841, and 1 member has co-sponsored it from the day it was introduced.

Bill Cassidy

Sen. · R–LA · Sponsor

Introduced Feb 11, 2026

Sheldon Whitehouse

Sen. · D–RI · Co-sponsor

Joined Feb 11, 2026 · Original

Show 2 of 2 rows

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Committees

S. 3841 went before 1 committee: Finance.

Finance

Finance

Referred To · Feb 11, 2026 · 902 Bills

Actions

S. 3841 has taken 2 actions since Feb 11, 2026.

Votes

S. 3841 has not gone to a roll call.

Titles

S. 3841 goes by 3 titles, 1 of them short titles.

• Last Sale Valuation Act of 2026 — Display Title
• Last Sale Valuation Act of 2026 — Short Title(s) as Introduced
• A bill to amend the Tariff Act of 1930 to modify the determination of transaction value for customs valuation. — Official Title as Introduced

Lobbying

13 clients hired 13 firms and 172 registered lobbyists who named S. 3841 in 27 quarterly filings, 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Trade (domestic/foreign), Taxation/Internal Revenue Code, Environment/Superfund, Labor Issues/Antitrust/Workplace, Financial Institutions/Investments/Securities, Transportation, Energy/Nuclear, Health Issues.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 172.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files S. 3841 under Foreign Trade and International Finance, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 3841’s is Foreign Trade and International Finance.

Source: congress.gov · legiscan.com