HR 8566 · 117th Congress

To impose a fee on certain remittance transfers to fund border security.

<p>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.</p> <p>The bill also provides fundi…

Sponsor

Rep. Hern, Kevin [R-OK-1] (R-OK)

Introduced

2022-07-28

Policy area

Immigration

Latest action

Referred to the Subcommittee on Immigration and Citizenship.