legislation: 117-hr-8566

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
117-hr-8566 117 hr 8566 To impose a fee on certain remittance transfers to fund border security. Immigration 2022-07-28 2022-11-01 Referred to the Subcommittee on Immigration and Citizenship. House Rep. Hern, Kevin [R-OK-1] OK R H001082 0 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. 2023-08-24T20:15:23Z  

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