Border Bonds for America Act of 2019
- Last Action
- 2/4/2019
Actions
- 2019-02-04Referred to the Subcommittee on Border Security, Facilitation, and Operations.
- 2019-01-15Referred to the Committee on Ways and Means, and in addition to the Committee on Homeland Security, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2019-01-15Referred to the Committee on Ways and Means, and in addition to the Committee on Homeland Security, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2019-01-15Introduced in House
- 2019-01-15Introduced in House
CRS Summary
As of 2019-01-15 (00)
Border Bonds for America Act of 2019
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.
Cosponsors (8)
- Andy Harris (R-MD)
- Matt Gaetz (R-FL)
- Bill Posey (R-FL)
- H. Griffith (R-VA)
- Lee Zeldin (R-NY)
- Bradley Byrne (R-AL)
- Ralph Norman (R-SC)
- Paul Gosar (R-AZ)
Subjects
- Appropriations
- Border security and unlawful immigration
- Government trust funds
- Securities
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.