OFFICIAL LEGAL TITLE
To impose a fee on certain remittance transfers to fund border security.
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 117_HR_8566.
Which chamber initiated this legislation?
This legislation was initiated in the House of Representatives.
When did the legislative process begin?
The process officially started on 2022-07-28.
What are the main provisions?
Key points include:
- A 5% fee will be imposed on money transfers sent outside the U.S., paid by the sender.
- Collected fees will go into a Border Enforcement Trust Fund to finance additional border agents, barriers, and detention facilities.
- U.S. citizens can claim a refundable income tax credit for the fees paid.
- Evading the fee can lead to significant financial penalties or imprisonment.
- Foreign countries aiding fee evasion may lose foreign assistance and visa waiver program participation.
What is the specific legal status?
The current status is Expired.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Rep. Hern, Kevin [R-OK-1].
What is the latest detailed status?
The latest detailed status is: Referred to the Subcommittee on Immigration and Citizenship.
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.
What is the impact of this bill?
We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.