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Border Security Reserve Fund Act

H.R. 7058 · 118th Congress · Jan 18, 2024 · Lineage

A BILL

To establish a Border Security Reserve Fund to be used by border States and the U.S. Border Patrol to invest in border security, and for other purposes.

Section 1 Short title

This Act may be cited as the “Border Security Reserve Fund Act”.

Sec. 2 Border Security Reserve Fund

(a)
In general— There is established in the Treasury of the United States a fund to be known as the “Border Security Reserve Fund” (in this section referred to as the “fund”) to be used by border States and the U.S. Border Patrol to invest in border security.
(b)
Deposits— There shall be deposited into the fund amounts associated with unlawful narcotics confiscated by U.S. Customs and Border Protection.
(c)
Cooperation— The Commissioner of U.S. Customs and Border Protection shall work with appropriate officials of the Treasury of the United States and the United States Secret Service to ensure amounts deposited pursuant to subsection (b) are not counterfeit.
(d)
Prohibition— Amounts deposited pursuant to subsection (b) may not be used by sanctuary cities or for the overflow housing of migrants.