H.R. 7058 — Introduced in House

I 118th CONGRESS 2d Session H. R. 7058 IN THE HOUSE OF REPRESENTATIVES January 18, 2024Mr. Williams of Texas introduced the following bill; which was referred to the Committee on Homeland Security A BILL To establish a Border Security Reserve Fund to be used by border States and the U.S. Border Patrol to invest in border security, and for other purposes. 1. Short title This Act may be cited as the Border Security Reserve Fund Act. 2. Border Security Reserve Fund (a) In general There is established in the Treasury of the United States a fund to be known as the Border Security Reserve Fund (in this section referred to as the fund) to be used by border States and the U.S. Border Patrol to invest in border security. (b) Deposits There shall be deposited into the fund amounts associated with unlawful narcotics confiscated by U.S. Customs and Border Protection. (c) Cooperation The Commissioner of U.S. Customs and Border Protection shall work with appropriate officials of the Treasury of the United States and the United States Secret Service to ensure amounts deposited pursuant to subsection (b) are not counterfeit. (d) Prohibition Amounts deposited pursuant to subsection (b) may not be used by sanctuary cities or for the overflow housing of migrants.