Florida legislation · 2026 Regular Session
Florida S472: Trust Funds/Tariffs Result in Untimely Money Problems (TRUMP)
Status: Failed, March 13, 2026
Creating the Tariffs Result in Untimely Money Problems (TRUMP) Trust Fund; providing for funding of the trust fund; providing for future review and termination of the trust fund, etc.
What the bill says
An act relating to trust funds; creating s. 624.3154, F.S.; providing legislative findings; creating the Tariffs Result in Untimely Money Problems (TRUMP) Trust Fund; providing for funding of the trust fund; providing for future review and termination of the trust fund; providing an effective date.
From the introduced text, November 12, 2025:
A bill to be entitled An act relating to trust funds; creating s. 624.3154, F.S.; providing legislative findings; creating the Tariffs Result in Untimely Money Problems (TRUMP) Trust Fund; providing for funding of the trust fund; providing for future review and termination of the trust fund; providing an effective date. WHEREAS, on February 1, 2025, President Donald J. Trump issued Executive Order 14193 and Executive Order 14194, imposing steep tariffs on most goods imported from Canada and Mexico, and WHEREAS, on April 2, 2025, President Donald J. Trump issued Executive Order 14257, imposing a minimum global tariff of percent, with higher tariffs on specific countries, and WHEREAS, the tariffs imposed have steeply increased the costs of building materials, including, but not limited to, steel, aluminum, copper, timber, and lumber, and WHEREAS, the National Association of Home Builders estimates that approximately 7 percent of all goods used in new residential construction originate from outside of the United States, and WHEREAS, the National Association of Home Builders has found that a majority of builders reported price increases due to tariffs, resulting in an estimated cost increase of $10,900 per home, and WHEREAS, tariffs increase construction costs by raising prices for imported building materials, forcing contractors to seek alternative sources, adjust contracts, and delay or cancel projects, and WHEREAS, rising construction costs have …
Sponsors
- Jones, Shev (D, SD-034) · primary sponsor
Latest actions
- : Died in Commerce and Tourism
- : Introduced
- : Referred to Commerce and Tourism; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations
- : Filed
Subjects: Commerce and Tourism, Appropriations, Appropriations Committee on Agriculture, Environment, and General Government
Common questions
- What is S472?
- S472 is a bill in the Florida Legislature (2026 Regular Session): Trust Funds/Tariffs Result in Untimely Money Problems (TRUMP).
- What does S472 do?
- In its own words: An act relating to trust funds; creating s. 624.3154, F.S.; providing legislative findings; creating the Tariffs Result in Untimely Money Problems (TRUMP) Trust Fund; providing for funding of the trust fund; providing for future review and termination of the trust fund; providing an effective date.
- What is the status of S472?
- Failed as of March 13, 2026. Latest action: Died in Commerce and Tourism (March 13, 2026).
- Who sponsored S472?
- Jones, Shev (D, SD-034).
- Where is the official record for S472?
- On the Florida Legislature website: https://www.flsenate.gov/Session/Bill/2026/472
Source: official Florida record. Tracked by Delilah, AI for legislation across all 50 states and Congress.