To impose a fee on certain remittance transfers to fund border security.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jul 28, 2022)
This bill imposes a 5% transfer fee on remittances sent to recipients outside of the United States, to be paid by the sender. The bill also establishes for U.S. citizens a tax credit equal to the amount that the citizen taxpayer paid in such transfer fees for any taxable year.
The bill also provides funding for various border-related activities, such as to build a barrier along the U.S.-Mexico barrier. The funding shall be equal to the amount collected by the transfer fee minus the tax credits allowed.
What just happenedNov 1, 2022
Referred to the Subcommittee on Immigration and Citizenship.
Who’s behind it
- Introduced in HouseJul 28, 2022
- Nov 1, 2022Committee
Referred to the Subcommittee on Immigration and Citizenship.
Immigration Integrity, Security, and Enforcement Subcommittee - Jul 29, 2022Committee
Referred to the Subcommittee on Border Security, Facilitation, and Operations.
Border Security and Enforcement Subcommittee - Jul 28, 2022IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Homeland Security, Foreign Affairs, Financial Services, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Judiciary Committee - Jul 28, 2022IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Homeland Security, Foreign Affairs, Financial Services, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Financial Services Committee - Jul 28, 2022IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Homeland Security, Foreign Affairs, Financial Services, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Foreign Affairs Committee - Jul 28, 2022IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Homeland Security, Foreign Affairs, Financial Services, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Homeland Security Committee - Jul 28, 2022IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Homeland Security, Foreign Affairs, Financial Services, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ways and Means Committee - Jul 28, 2022IntroReferralIntro-H
Introduced in House
- Jul 28, 2022IntroReferral1000
Introduced in House