Relating to the collection of remittance transfer fees for use in enhancing border security; authorizing a fee; providing a civil penalty.

This bill would require money transfer companies (like Western Union or MoneyGram) to collect a 5% fee on all international remittances sent to recipients outside the U.S. The collected fees would be deposited into a new "border security enhancement fund" managed by the state treasurer. The fund can only be used for specific border security activities, including hiring personnel, training officers, and building infrastructure along Texas' international border. Companies failing to collect the fee could face civil penalties of up to $500,000 or twice the amount of the uncollected fee.