Border Security Investment Act

HR 445, the Border Security Investment Act, creates two new trust funds to fund border security by imposing a 37% fee on money transfers sent to the top 5 countries with the most unlawful border entries in the previous year. Money transfer companies pay this fee, with half the collected funds going to a Reimbursement Fund to reimburse border states for their security costs and the other half to a Security Fund for federal border technology, barriers, and Border Patrol staffing. The bill requires the Treasury to transfer these funds annually, sets a $50 billion cap on total fund balances (with excess funds directed to deficit reduction), and takes effect 30 days after enactment. It directly affects money transfer providers, border states, and federal border security operations.