1
4

REMITTANCE Act

6/11/2026, 11:41 PM

Summary of Bill HR 8995

The bill, designated as H.R. 8995 in the 119th Congress and introduced on May 21, 2026, aims to amend the Internal Revenue Code of 1986 concerning the excise tax on remittance transfers. The bill's primary focus is on modifying the existing excise tax regulations related to remittance transfers, with other purposes likely related to tax provisions and regulations within the Internal Revenue Code.

Read the Full Bill

Formatted TextPDFFormatted XML

Current Status of Bill HR 8995

Bill HR 8995 is currently in the status of Bill Introduced since May 21, 2026. Bill HR 8995 was introduced during Congress 119 and was introduced to the House on May 21, 2026.  Bill HR 8995's most recent activity was Referred to the House Committee on Ways and Means. as of May 21, 2026

Bipartisan Support of Bill HR 8995

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 8995

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 8995

To amend the Internal Revenue Code of 1986 to modify the excise tax on remittance transfers, and for other purposes.
To amend the Internal Revenue Code of 1986 to modify the excise tax on remittance transfers, and for other purposes.

Comments

Sponsors and Cosponsors of HR 8995

Chip Roy
Chip Roy
TexasRepublican

Latest Bills

Getting Innovations to Patients During Shutdowns Act
Bill HR 9635July 12, 2026
Earth MRI Reauthorization Act of 2026
Bill HR 9640July 12, 2026
Voter Choice Act
Bill HR 9634July 12, 2026
Sunshine for Our Kids Act of 2026
Bill HR 9638July 12, 2026
Protecting Columbia River Salmon Act of 2026
Bill HR 9637July 12, 2026
Energy and Water Development and Related Agencies Appropriations Act, 2027
Bill HR 9022July 11, 2026
Department of Homeland Security Appropriations Act, 2027
Bill HR 9310July 11, 2026
Kayleigh’s Law Act of 2026
Bill HR 8481July 11, 2026
Stop the Sexualization of Children Act
Bill HR 7661July 11, 2026
Truman Scholarship Clean House Act
Bill HR 7894July 11, 2026