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

This bill imposes a 10% fee on remittance transfers (money sent to foreign countries) paid by senders. It directly affects individuals and companies sending money overseas, though U.S. citizens can claim a tax credit equal to the fee paid. Collected fees fund the Border Enforcement Trust Fund, which must be used for hiring border agents, building border barriers, and operating detention facilities for undocumented immigrants. The bill also requires annual reports tracking remittance amounts sent to each country.