Politiparty
Politiparty

119th Congress Immigration

H.R. 445: Border Security Investment Act

Introduced

  1. Introduced (completed)Jan 15, 2025
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jan 15, 2025

This bill imposes a fee on the electronic transfer of funds (i.e., remittances) sent to certain countries and provides funding for border security activities from the collected amounts.

Specifically, the fee shall apply to remittances sent through money services business to one of the five countries that had the most citizens or nationals unlawfully enter the United States in the previous fiscal year, as determined by U.S. Customs and Border Protection. The fee must be 37% of the amount sent.

Half of the money collected by the fee must be placed in a trust fund for reimbursing border states for expenses incurred for border security enforcement measures. The other half must be placed in another trust fund for (1) deploying technology and installing physical barriers along the U.S.-Mexico border, and (2) paying the wages and salaries of U.S. Border Patrol agents.

Read the full summary

If the amount in the trust funds exceeds a certain threshold, the excess money must be used only for deficit reduction.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

7

Who scored on this bill

0 points earned

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Other bills by Nathaniel Moran

History

  1. Jan 15, 2025Introduced in the House by Nathaniel Moran.
Show the full action history (3 actions)
  1. Jan 15, 2025Introduced in House
  2. Jan 15, 2025Referred to the Committee on Homeland Security, and in addition to the Committee on Financial Services, 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.
  3. Jan 15, 2025Referred to the Subcommittee on Border Security and Enforcement.