$2.50 for America’s 250th Act

Senate Bill

S. 2952

119th Congress

$2.50 for America’s 250th Act

In Committee

Introduced:Sep 30, 2025

Primary Sponsor

Cynthia M. Lummis

Senator

Republican

WY

Cosponsors

0

Quick Stats

Policy Area

Foreign Trade and International Finance

Summary

This bill would extend the duty-free trade program for products from African countries under the African Growth and Opportunity Act (AGOA) until 2045. This would allow continued preferential treatment for apparel and other goods exported from these countries to the United States.

Latest Action

Read twice and referred to the Committee on Finance.

SponsorCynthia M. Lummis (R-WY)

Introduced9/30/2025

StatusRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

ChamberSenate

Data from Congress.gov

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Vote Prediction

$2.50 for America’s 250th Act

This bill would extend the duty-free trade program for products from African countries under the African Growth and Opportunity Act (AGOA) until 2045. This would allow continued preferential treatment for apparel and other goods exported from these countries t

Community Breakdown

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This bill would extend the duty-free trade program for products from African countries under the African Growth and Opportunity Act (AGOA) until 2045. This would allow continued preferential treatment for apparel and other goods exported from these countries to the United States.

Bill Number: 2952
Sponsor: Cynthia M. Lummis (R-WY)
Introduced: 9/30/2025
Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy Area: Foreign Trade and International Finance

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: $2.50 for America’s 250th Act
Bill Number: 2952
Sponsor: Cynthia M. Lummis (R-WY)
Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced: 9/30/2025
Summary: This bill would extend the duty-free trade program for products from African countries under the African Growth and Opportunity Act (AGOA) until 2045. This would allow continued preferential treatment for apparel and other goods exported from these countries to the United States.

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill would extend the duty-free trade program for products from African countries under the African Growth and Opportunity Act (AGOA) until 2045. This would allow continued preferential treatment for apparel and other goods exported from these countries to the United States.

Last updated: 12/29/2025

Official Summary

Congressional Research Service summary

AGOA Extension Act of 2023This bill extends through September 30, 2045, the duty-free treatment of the products of beneficiary sub-Saharan African countries under the Trade Act of 1974 and the African Growth and Opportunity Act.The extended period also applies to<ul><li>the preferential treatment of apparel articles wholly assembled, or components knit-to-shape and wholly assembled, in one or more beneficiary sub-Saharan African countries from yarns originating in the United States or one or more beneficiary sub-Saharan African countries or former beneficiary sub-Saharan African countries, or both; and</li><li>the third-country fabric program granting duty-free treatment of apparel articles wholly assembled, or knit-to-shape and wholly assembled, or both, in one or more lesser developed beneficiary sub-Saharan African countries, regardless of the country of origin of the fabric or the yarn used to make such articles.</li></ul>

Key Points

Main provisions of the bill

Extends the AGOA duty-free trade program until 2045, which was previously set to expire in 2025
Maintains preferential treatment for apparel and other products exported from African countries to the US
Supports economic development and trade in sub-Saharan Africa by providing continued market access to the US

How This Impacts Americans

Potential effects on citizens and communities

This bill would benefit African countries participating in AGOA by preserving their duty-free access to the large US consumer market for an additional 20 years. This is expected to support economic growth and jobs in the textile, apparel, and other export industries in these developing nations. American consumers and businesses may also benefit from continued availability of affordable goods from Africa.

Policy Areas

Primary Policy Area

Foreign Trade and International Finance

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

2952, 119th Congress (2025). "$2.50 for America’s 250th Act". Source: Voter's Right Platform. https://votersright.org/bills/118-s-2952

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