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New Foreign Transfer Fees for Border Security Funding.

This act introduces a new 37% fee on money transfers sent to countries with the highest number of illegal entries into the U.S. The collected funds will be used to enhance border security, including technology, physical barriers, and Border Patrol agent salaries, as well as to reimburse border states for their security efforts.
Key points
Imposes a 37% fee on money transfers to the top five countries with the most unlawful entries into the U.S.
Establishes two trust funds: one for reimbursing border states and another for direct border security measures.
Funds will be used for detection technology, physical barriers, and Border Patrol agent wages.
Excess funds over $50 billion will be dedicated to deficit reduction.
article Official text account_balance Process page
Introduced
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Additional Information
Print number: 119_HR_445
Sponsor: Rep. Moran, Nathaniel [R-TX-1]
Process start date: 2025-01-15
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Border Security Investment Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_445.

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 2025-01-15.

What are the main provisions?

Key points include:

  • Imposes a 37% fee on money transfers to the top five countries with the most unlawful entries into the U.S.
  • Establishes two trust funds: one for reimbursing border states and another for direct border security measures.
  • Funds will be used for detection technology, physical barriers, and Border Patrol agent wages.
  • Excess funds over $50 billion will be dedicated to deficit reduction.
What is the specific legal status?

The current status is Introduced.

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. Moran, Nathaniel [R-TX-1].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Border Security and Enforcement.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Migration Taxes Public Investments