HR 8371 · 117th Congress · Immigration

Border Bonds for America Act of 2022

Introduced 2022-07-14· Sponsored by Rep. Palazzo, Steven M. [R-MS-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Border Security, Facilitation, and Operations.(2022-07-15)

Plain Language Summary

[AI summary unavailable — showing source text] Border Bonds for America Act of 2022 This bill directs the Department of the Treasury to issue up to $5 billion in bonds in a fiscal year, with proceeds going into a trust fund for the construction of reinforced fencing, physical barriers, and related infrastructure for the southwest border with Mexico. Treasury may issue such bonds for 30 years from the bill's enactment date. The bill also authorizes Treasury to accept gifts of money for the same purpose.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Republicans
Rep. Babin, Brian [R-TX-36]TX
Rep. Fallon, Pat [R-TX-4]TX