TRUST Act

Hozzl · 2025-09-15T17:49:42Z

Explore the details of House Bill 5153 TRUST Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Economics and Public Finance. Stay informed on legislative developments.

9/15/2025, 5:49 PM

Summary of Bill HR 5153

The bill, titled "To establish the Tariff Trust Fund to be used for deficit reduction purposes, and for other purposes," was introduced in the 119th Congress on September 4, 2025. It aims to create the Tariff Trust Fund for deficit reduction and contains provisions related to this fund. Specific directives or actions proposed within the bill are not provided in the context.

Congressional Summary of HR 5153

Tariff Revenue Used to Secure Tomorrow Act or TRUST Act

This bill establishes the Tariff Trust Fund within the Treasury and requires certain revenues collected from duties (e.g., tariffs) to be deposited into the fund and used for deficit reduction.

If the federal government maintains a budget deficit for any fiscal year beginning with FY2026 and continues to maintain a budget deficit for the subsequent fiscal year, the bill requires amounts collected from the imposition of duties for the subsequent fiscal year that exceed the amounts collected from duties for FY2025 to be deposited into the fund established by this bill.

Any amounts deposited into the fund must be transferred to the general fund of the Treasury and may only used for deficit reduction.

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Current Status of Bill HR 5153

Bill HR 5153 is currently in the status of Bill Introduced since September 4, 2025. Bill HR 5153 was introduced during Congress 119 and was introduced to the House on September 4, 2025. Bill HR 5153's most recent activity was Referred to the House Committee on Ways and Means. as of September 4, 2025