,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #dde  ,,in ,,the ,,house ,,of   
,,representatives  ,january #ae1        
#bjbe,mr4 ,moran 7for himself1 ,mr4     
,ellzey1 ,mr4 ,self1 ,mr4 ,babin1 ,mr4  
,gooden1 ,mr4 ,nehls1 and ,mr4 ,weber of
 ,texas7 introduced the following bill2 
which was referred to the ,committee on 
,homeland ,security1 and in addition to 
the ,committee on ,financial ,services1 
for a period to be subsequently         
determined by the ,speaker1 in each case
 for consideration of such provisions as
 fall within the jurisdiction of the    
committee concerned  ,a ,,bill  ,to     
establish trust funds relating to border
 security1 and for other purposes4  #a4 
,short title ,this ,act may be cited as 
the ,border ,security ,investment ,act4 
#b4 ,establishment of trust funds       
relating to border security  7a7        
,additional remittance transfer fees    
,section #ibj of the ,electronic ,fund  
,transfer ,act 7relating to remittance  
transfers7 7#ae ,u4,s4,c4 #afico-#a7 is 

amended-- 7#a7 by redesignating         
subsection 7g7 as subsection 7h72 and   
7#b7 by inserting after subsection 7f7  
the following3  7g7 ,additional         
remittance fees  7#a7 ,in general ,a    
remittance transfer provider that is a  
money services business shall impose a  
fee on each person sending a remittance 
transfer to a covered country in an     
amount equal to #cg percent of the      
remittance transfer amount4  7#b7       
,transfer of fees ,all fees collected   
under this subsection shall be submitted
 to the ,department of the ,treasury for
 deposit in the general fund1 in such   
form and in such manner as the          
,secretary of the ,treasury shall       
establish by rule4  7#c7 ,definitions   
,in this subsection3 7,a7 ,covered      
country ,with respect to a fiscal year1 
the term covered country means each     
country identified by the ,commissioner 
of ,u4,s4 ,customs and ,border          
,protection as one of the #e countries  
that had the most citizens or nationals 

unlawfully enter the ,united ,states    
during the previous fiscal year4  7,b7  
,money services business ,the term money
 services business has the meaning given
 that term under section #ajaj4ajj of   
title #ca1 ,code of ,federal            
,regulations4  4  7b7 ,border ,security 
,state ,reimbursement ,trust ,fund  7#a7
 ,in general ,there is established in   
the ,treasury a trust fund1 to be known 
as the ,border ,security ,state         
,reimbursement ,trust ,fund 7in this    
section referred to as the              
,reimbursement ,fund71 consisting of    
amounts transferred under paragraph 7#b7
 and any amounts credited under         
paragraph 7#c74  7#b7 ,transfer ,in the 
fiscal year that begins immediately     
after the date of the enactment of this 
,act and each fiscal year thereafter1   
the ,secretary of the ,treasury shall   
transfer to the ,reimbursement ,fund1   
from the general fund of the ,treasury1 
an amount equal to fifty percent of the 
total amount of remittance fees         

collected under subsection 7g77#b7 of   
section #ibj of the ,electronic ,fund   
,transfer ,act 7relating to remittance  
transfers2 #ae ,u4,s4,c4 #afico-#a7     
during the immediately preceding fiscal 
year4  7#c7 ,investment of amounts  7,a7
 ,in general ,the ,secretary of the     
,treasury shall invest such portion of  
the ,reimbursement ,fund as is not      
required to meet current withdrawals in 
interest-bearing obligations of the     
,united ,states or in obligations       
guaranteed as to both principal and     
interest by the ,united ,states4  7,b7  
,interest and proceeds ,the interest on1
 and the proceeds from the sale or      
redemption of1 any obligations held in  
the ,reimbursement ,fund shall be       
credited to the ,reimbursement ,fund4   
7#d7 ,purpose2 application  7,a7 ,in    
general ,amounts in the ,reimbursement  
,fund shall be available to the         
,secretary of ,homeland ,security1      
without further appropriation1 to       
reimburse border ,states for            

expenditures incurred by such ,states   
relating to border security enforcement 
measures4  7,b7 ,application ,not later 
than #cj days after the date of the     
enactment of this ,act1 a border ,state 
may apply to the ,secretary to receive  
amounts from the ,reimbursement ,fund by
 submitting receipts1 in such form and  
manner as the ,secretary deems          
appropriate1 of expenditures relating to
 border security enforcement measures   
made during the immediately preceding   
fiscal year4  7,c7 ,amount ,the         
,secretary shall promptly distribute    
from the ,reimbursement ,fund1 to any   
border ,state that submits an           
application under subparagraph 7,b71 an 
amount equal to the proportion that the 
amount expended by such a border ,state 
in the applicable immediately preceding 
fiscal year bears to the total amount   
expended in such fiscal year by all such
 border ,states so submitting an        
application4  7,d7 ,border security     
enforcement measures ,in this           

subparagraph1 an expenditure by a border
 ,state shall be deemed to be related to
 border security enforcement measures if
 that expenditure directly or indirectly
 was used for the mission of deterring  
unlawful crossings1 detecting unlawful  
activity and entry into the ,united     
,states1 or for gaining operational     
control of the southwest border4  7c7   
,border ,security ,trust ,fund  7#a7 ,in
 general ,there is established in the   
,treasury a trust fund1 to be known as  
the ,border ,security ,trust ,fund 7in  
this section referred to as the         
,security ,fund71 consisting of amounts 
transferred under paragraph 7#b7 and any
 amounts credited under paragraph 7#c74 
7#b7 ,transfers ,in the fiscal year that
 begins immediately after the date of   
the enactment of this ,act and each     
fiscal year thereafter1 the ,secretary  
of the ,treasury shall transfer to the  
,security ,fund1 from the general fund  
of the ,treasury1 an amount equal to    
fifty percent of the total amount of    

remittance fees collected under         
subsection 7g77#b7 of section #ibj of   
the ,electronic ,fund ,transfer ,act    
7relating to remittance transfers2 #ae  
,u4,s4,c4 #afico-#a7 during the         
immediately preceding fiscal year4  7#c7
 ,investment of amounts  7,a7 ,in       
general ,the ,secretary of the ,treasury
 shall invest such portion of the       
,security ,fund as is not required to   
meet current withdrawals in             
interest-bearing obligations of the     
,united ,states or in obligations       
guaranteed as to both principal and     
interest by the ,united ,states4  7,b7  
,interest and proceeds ,the interest on1
 and the proceeds from the sale or      
redemption of1 any obligations held in  
the ,security ,fund shall be credited to
 the ,security ,fund4  7#d7 ,purposes   
,amounts in the ,security ,fund shall be
 available to the ,secretary of         
,homeland ,security1 without further    
appropriation1 for the following        
purposes3 7,a7 ,the deployment of       

technology intended to detect and       
prevent unlawful crossings along the    
,united ,states-,mexico border4  7,b7   
,the installation of physical barriers  
at the southern border4  7,c7 ,wages and
 salaries for ,u4,s4 ,border ,patrol    
agents4  7d7 ,rescission of excess      
amounts ,if the sum of the total funds  
in each of the ,reimbursement ,fund and 
the ,security ,fund is greater than     
#ej1jjj1jjj1jjj1 an amount equal to the 
funds in excess of #ej1jjj1jjj1jjj shall
 be-- 7#a7 permanently rescinded from   
such total funds2 and  7#b7 deposited in
 the general fund of the ,treasury where
 such funds shall be-- 7,a7 dedicated   
for the sole purpose of deficit         
reduction2 and  7,b7 prohibited from use
 as an offset for other spending        
increases or revenue reductions4  7e7   
,effective date ,this ,act and the      
amendment made by this ,act shall take  
effect and apply not later than #cj days
 after the date of the enactment of this
 ,act4