Bill · H.R. 445· House(119-HR-445)
Border Security Investment Act
- Introduced
- 1/15/2025
- Last activity
- 1/15/2025 — Referred to the Subcommittee on Border Security and Enforcement.
- Sponsored by
- Nathaniel Moran
- Cosponsors
- - 7 - 0
- Introduced
- In Committee
What this bill would do
The Border Security Investment Act establishes two specific trust funds to manage money related to border security. It requires money services businesses to impose a 37 percent fee on remittance transfers sent to specific "covered countries." These fees are used to fund the Border Security State Reimbursement Trust Fund and the Border Security Trust Fund. The reimbursement fund helps states recover costs for border security enforcement measures. The security fund provides money for technology, physical barriers, and Border Patrol salaries. If the total funds exceed $50 billion, the excess is rescinded for deficit reduction.
Yes· 3 of 4
Does this tighten control of the border?+8
The bill funds border security technology, physical barriers, and Border Patrol salaries.
Is this likely to create jobs?+5
The bill funds wages and salaries for U.S. Border Patrol agents.
Does this reduce what the federal government owes?+5
Excess funds exceeding $50 billion are rescinded for the sole purpose of deficit reduction.
The opposite
Would households on low incomes be better off under this?-7
The bill imposes a 37 percent fee on remittance transfers to specific countries, which heavily impacts low-income individuals sending money abroad.
Would immigrants be better off under this?-6
The bill increases the cost of sending remittances to countries with high rates of unlawful entry into the United States.
Would Hispanic Americans be better off under this?-5
The 37 percent remittance fee targets countries frequently associated with Hispanic populations in the United States.
Who it would affect, and how
Potential Positive Impacts for People
-
State Reimbursement: Border States can receive money to reimburse them for costs related to deterring unlawful crossings, detecting unlawful activity, and gaining operational control of the southwest border (Section 2(b)(4)).
-
Border Security Technology and Infrastructure: The bill provides funds for deploying technology to detect and prevent unlawful crossings and installing physical barriers at the southern border (Section 2(c)(4)(A) and (B)).
-
Border Patrol Support: The bill provides money for the wages and salaries of U.S. Border Patrol agents (Section 2(c)(4)(C)).
-
Deficit Reduction: If the trust funds exceed $50,000,000,000, the excess money is used for the sole purpose of deficit reduction (Section 2(d)(1)(A)).
Potential Negative Impacts for People
- Increased Transfer Costs: People sending remittance transfers to any of the top 5 countries with the most citizens or nationals who unlawfully entered the United States will have to pay an additional fee equal to 37 percent of the transfer amount (Section 2(a)(1)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households-7Good For Immigrants-6Good For Hispanic Americans-5
- Economy And Finance
- Increases Job Creation+5Reduces National Debt+5
- Social Issues And Justice
- Improves Border Security+8
- Governance And Ideology
- Increase States Rights+5
- 2/5/2025
- 1 Cosponsor added.
- 1/15/2025
- Referred 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.
- Referred to the Subcommittee on Border Security and Enforcement.
- 6 Cosponsors added.
- Introduced in House
Brian BabinRepublican · Texas
Jake EllzeyRepublican · Texas
Lance GoodenRepublican · Texas
Craig GoldmanRepublican · Texas
Troy NehlsRepublican · Texas
Keith SelfRepublican · Texas
Randy WeberRepublican · Texas