Border Bonds for America Act of 2022
Summary
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jul 2022
Committee Review
Floor Vote
President
Introduced Jul 14, 2022
Last action Jul 15, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
3
Jul 15, 2022
Committee
Referred to the Subcommittee on Border Security, Facilitation, and Operations.
lower
Jul 14, 2022
Committee
Referred to the Subcommittee on Trade.
lower
Jul 14, 2022
Committee
Referred 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.
lower
Jul 14, 2022
Introduced
Introduced in House
lower
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Steven M. Palazzo
RRepublican
Co
Brian Babin
RRepublican
Co
Pat Fallon
RRepublican
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