Contact Congress about H.R. 5595: Requiring Excise for Migrant Income Transfers Act” or the “REMIT Act.

The bill would raise the federal tax on covered money transfers abroad from 1% to 15%. U.S. citizens and nationals could avoid or recover the tax if they meet proof, provider, and Social Security number rules.

Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

Requiring Excise for Migrant Income Transfers Act” or the “REMIT Act. is a House bill in committee. The latest recorded action: Referred to the House Committee on Ways and Means.

Latest action on H.R. 5595: Referred to the House Committee on Ways and Means.

Who this affects: This bill mainly affects people in the United States who send money to other countries, especially those who do not qualify for the U.S. citizen or national exception. It also affects U.S. citizens and nationals who must prove their status, use qualified providers, or claim a credit later. Money transfer companies would have new checking, tax collection, reporting, and customer statement duties.

Why this matters: This bill could make it much more expensive for many people to send money from the United States to family or others abroad. Some U.S. citizens and nationals could avoid or recover the tax, but only if they meet the bill's proof and paperwork rules. Providers may need new systems to check status, collect tax, and report customer data. The final burden depends on Treasury rules that have not been written yet.

Key provisions in H.R. 5595

• The tax on covered money transfers sent abroad would rise from 1% to 15%. These transfers are called remittance transfers.
• Some U.S. citizens and U.S. nationals would not pay the tax up front. They must be verified, and they must use a provider with a written agreement with the Treasury Secretary.
• A qualified remittance transfer provider must agree in writing to check a sender's U.S. citizen or national status. The Treasury Secretary would set the checking rules.
• People could claim a new refundable income tax credit for the remittance tax they paid during the year. Refundable means they can get money back even if the credit is larger than their income tax bill.
• To get the credit, taxpayers must put valid Social Security numbers on their tax return. Married taxpayers must also include a spouse's number when required, and they must prove they paid the tax on qualifying transfers.

How Modern Action helps you take action on H.R. 5595

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about H.R. 5595

What is H.R. 5595?

The bill would raise the federal tax on covered money transfers abroad from 1% to 15%. U.S. citizens and nationals could avoid or recover the tax if they meet proof, provider, and Social Security number rules.

How do I support or oppose H.R. 5595?

Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.

Who should I contact about H.R. 5595?

Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.

Can Modern Action explain H.R. 5595 before I act?

Yes. Modern Action gives you a plain-English summary, current status, and action context before you send anything.