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Remittance Expense Minimization and Integrity for Transfers Act

7/30/2025, 1:54 PM

Summary of Bill HR 4274

The bill "To limit the imposition of excise taxes and fees on money transmitting businesses, and for other purposes" was introduced in the 119th session of Congress as H.R. 4274 on July 2, 2025.

Current Status of Bill HR 4274

Bill HR 4274 is currently in the status of Bill Introduced since July 2, 2025. Bill HR 4274 was introduced during Congress 119 and was introduced to the House on July 2, 2025.  Bill HR 4274's most recent activity was Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, 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. as of July 2, 2025

Bipartisan Support of Bill HR 4274

Total Number of Sponsors
4
Democrat Sponsors
4
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
15
Democrat Cosponsors
15
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4274

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 4274

To limit the imposition of excise taxes and fees on money transmitting businesses, and for other purposes.
To limit the imposition of excise taxes and fees on money transmitting businesses, and for other purposes.

Comments

Lakelynn Dawson profile image

Lakelynn Dawson

478

4 months ago

I wonder how this will impact us in the long run.