HR 8995 · 119th CongressIn Committeecongress.gov ↗

To amend the Internal Revenue Code of 1986 to modify the excise tax on remittance transfers, and for other purposes.

Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill would change the tax rules related to remittance transfers, which are money transfers that people send, often to recipients in other countries. It would adjust an existing excise tax that applies to these transfers. No official summary is available for this bill.

Introduced

May 21, 2026

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