,,ii #aah? ,,congress #a/ ,session ,s4 #ceaf ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,decemb] #ad1 #bjbc,mr4 ,vance introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to impose a fee on c]ta9 remittance transf]s to fund bord] security4 #a4 ,remittance transf] fee 7a7 ,9 g5]al ,section #ibj ( ! ,electronic ,fund ,transf] ,act 7relat+ to remittance transf]s7 7#ae ,u4,s4,c4 #afico-#a7 is am5d$-- 7#a7 by r$esignat+ subsection 7g7 z subsection 7h72 7#b7 by ins]t+ aft] subsection 7f7 ! foll[+3 7g7 ,remittance transf] fee 7#a7 ,9 g5]al ,if ! designat$ recipi5t ( a remittance transf] is locat$ outside ( ! ,unit$ ,/ates1 a remittance transf] provid] %all collect f ! s5d] ( su* remittance transf] a remittance transf] fee equal to #aj p]c5t ( ! ,unit$ ,/ates doll> am\nt to be transf]r$4 7#b7 ,transf] ( funds ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ?is subsection1 ! ,secret>y ( ! ,treasury1 9 consultation ) ! ,bureau & remittance transf] provid]s1 %all develop & make available a sy/em = remittance transf] provid]s to submit ! remittance transf] fees collect$ 9 accordance ) p>agraph 7#a7 to ! ,secret>y = transf] to ! ,bord] ,en=cem5t ,tru/ ,fund 9 accordance ) section #ccdd7;b7 ( title #ca1 ,unit$ ,/ates ,code4 7#c7 ,p5alties 7,a7 ,9 g5]al ,:oev]1 ) ! int5t to evade a remittance transf] fee to be collect$ 9 accordance ) ?is subsection1 & :o has k t1 at ! "t ( su* remittance transf]1 ! value ( ! funds involv$ 9 ! transf] w be fur!r transf]r$ to a recipi5t locat$ outside ( ! ,unit$ ,/ates1 reque/s or facilitates su* remittance transf] to a recipi5t locat$ outside ( ! ,unit$ ,/ates-- 7i7 %all be subject to a p5alty ( n m ?an ! great] (-- 7,i7 #ejj1jjj2 or 7,,ii7 twice ! value ( ! funds involv$ 9 su* remittance transf]2 7ii7 imprisonm5t = n m ?an #bj ye>s2 or 7iii7 bo? p5alties set =? 9 clauses 7i7 & 7ii74 7,b7 ,aid+ or h>bor+ an individual conspir+ to avoid ! fee ,any =eign c\ntry t1 9 ! jo9t det]m9ation ( ! ,secret>y ( ,homel& ,security1 ! ,secret>y ( ! ,treasury1 & ! ,secret>y ( ,/ate1 aids or h>bors an individual conspir+ to avoid ! fee collect$ 9 accordance ) ?is subsection %all be ineligible1 9 ! discretion ( ! ,secret>ies describ$ 9 ?is subp>agraph-- 7i7 to receive ,unit$ ,/ates =eign assi/ance2 or 7ii7 to p>ticipate 9 ! visa waiv] program "u section #bag ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aahg7 or any o!r immigration program4 2 & 7#c7 9 subsection 7h77#b71 z r$esignat$-- 7,a7 9 subp>agraph 7,a71 by /rik+ & at ! end2 7,b7 9 subp>agraph 7,b71 by add+ & at ! end2 & 7,c7 by add+ at ! end ! foll[+3 7,c7 = purposes ( apply+ ! fee requir$ "u subsection 7g77#a71 does n include paym5ts = valuable consid]ation4 4 7b7 ,refundable income tax cr$it all[$ to citiz5s ( ! ,unit$ ,/ates = remittance transf] fees 7#a7 ,9 g5]al ,subp>t ,c ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+3 #cf;,c4 ,remittance transf] fees ( ,unit$ ,/ates citiz5s ,9 ! case ( any individual :o is a citiz5 ( ! ,unit$ ,/ates1 !re %all be all[$ z a cr$it aga9/ ! tax impos$ by ?is subtitle = any taxable ye> an am\nt equal to ! aggregate am\nt ( remittance transf] fees paid by su* individual "u section #ibj7;g7 ( ! ,electronic ,fund ,transf] ,act 7#ae ,u4,s4,c4 #afico-#a7;g77 dur+ su* taxable ye>4 4 7#b7 ,con=m+ am5dm5ts 7,a7 ,section #fbaa7;b77#d77;,a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ #cf;,c1 aft] #cf;,b14 7,b7 ,section #acbd7;b77#b ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ #cf;,c1 aft] #cf;,b14 7,c7 ,! table ( sections = subp>t ,c ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ aft] ! item relat+ to section #cf;,b ! foll[+ new item3 ,sec4 #cf;,c4 ,remittance transf] fees ( ,unit$ ,/ates citiz5s4 4 7#c7 ,effective date ,! am5dm5ts made by ?is subsection %all apply to taxable ye>s end+ aft] ! date ( ! enactm5t ( ?is ,act4 7c7 ,report reg>d+ am\nt ( remittance transf]s to ea* =eign c\ntry ,! ,commission] ( ,u4,s4 ,cu/oms & ,bord] ,protection %all submit an annual report to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate1 ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs ( ! ,s5ate1 ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives1 & ! ,committee on ,homel& ,security ( ! ,h\se ( ,repres5tatives t describes ! aggregate am\nt ( remittance transf]s made to ea* =eign c\ntry dur+ ! ye> to :i* su* report relates4 #b4 ,bord] ,en=cem5t ,tru/ ,fund 7a7 ,e/abli%m5t ,sub*apt] ,,iii ( *apt] #cc ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 #ccdd4 ,bord] ,en=cem5t ,tru/ ,fund4 7a7 ,e/abli%m5t ( tru/ fund ,n lat] ?an #fj days aft] ! date ( ! enactm5t ( ?is section1 ! ,secret>y ( ! ,treasury %all e/abli% an acc\nt 9 ! ,treasury ( ! ,unit$ ,/ates1 :i* %all be kn[n z ! ,bord] ,en=cem5t ,tru/ ,fund 7ref]r$ to 9 ?is section z ! ,tru/ ,fund74 7b7 ,transf]s to ,tru/ ,fund 7#a7 ,9 g5]al ,!re %all be deposit$ into ! ,tru/ ,fund1 f am\nts collect$ z remittance transf] fees "u section #ibj7;g7 ( ! ,electronic ,fund ,transf] ,act 7#ae ,u4,s4,c4 #afico-#a7;g771 an am\nt equal to ! diff]5ce betwe5-- 7,a7 ! am\nt ( su* remittance transf] fees collect$ aft] ! e/abli%m5t ( ! ,tru/ ,fund2 & 7,b7 ! am\nt ( cr$its all[$ "u section #cf;,c ( ! ,int]nal ,rev5ue ,code ( #aihf ) respect to su* remittance transf] fees4 7#b7 ,tim+ & e/imates ,am\nts describ$ 9 p>agraph 7#a7 %all be deposit$ into ! ,tru/ ,fund by ! ,secret>y ( ! ,treasury at lea/ mon?ly f ! g5]al fund ( ! ,treasury on ! basis ( e/imates made by ! ,secret>y ( ! ,treasury4 ,prop] adju/m5ts %all be made 9 am\nts subsequ5tly transf]r$ to ! ext5t prior e/imates 7 9 excess (1 or less ?an1 ! am\nts requir$ to be deposit$ pursuant to ?is subsection4 7c7 ,exp5ditures f ,tru/ ,fund ,am\nts 9 ! ,tru/ ,fund may only be us$1 consi/5t ) appropriation ,acts-- 7#a7 to employ & tra9 additional ,u4,s4 ,bord] ,patrol ag5ts2 7#b7 to employ & tra9 (fic]s & support /aff employ$ 9 en=cem5t & removal op]ations ( ,u4,s4 ,immigration & ,cu/oms ,en=cem5t2 7#c7 to plan1 design1 con/ruct1 improve1 or ma9ta9 b>ri]s along ! int]national bord] betwe5 ! ,unit$ ,/ates & ,mexico2 & 7#d7 to plan1 design1 con/ruct1 improve1 or ma9ta9 det5tion facilities = ali5s resid+ 9 ! ,unit$ ,/ates )\t lawful immigration /atus4 4 7b7 ,cl]ical am5dm5t ,! *apt] analysis = *apt] #cc ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ at ! end ! foll[+3 #ccdd4 ,bord] ,en=cem5t ,tru/ ,fund4 4