The main purpose of this legislation is to require the U.S. Customs and Border Protection (CBP) to refund tariffs that were collected under the International Emergency Economic Powers Act starting from January 1, 2025. The goal is to provide financial relief to businesses that were impacted by these tariffs. Key provisions of the legislation include a mandate for the CBP to process refunds for all tariffs collected under the specified act within 90 days of the law's enactment. Importantly, businesses will not need to submit any applications or protests to receive these refunds.