US HB445

Imposes a 37% fee on remittance transfers sent to the top 5 countries with the most citizens who unlawfully entered the U.S. in the previous fiscal year, as identified by U.S. Customs and Border Protection

Creates the "Border Security State Reimbursement Trust Fund" receiving 50% of collected fees to reimburse border states for expenses related to deterring unlawful crossings, detecting unlawful activity, and gaining operational control of the southwest border

Establishes the "Border Security Trust Fund" receiving the other 50% of fees for deploying border detection technology, installing physical barriers at the southern border, and paying U.S. Border Patrol agent wages

Caps the combined trust funds at $50 billion, with any excess permanently rescinded and deposited in the general fund exclusively for deficit reduction

Takes effect within 30 days of enactment, with border states able to apply for reimbursement within 30 days by submitting receipts for qualifying expenditures from the preceding fiscal year