119 HR 5153 IH: Tariff Revenue Used to Secure Tomorrow Act U.S. House of Representatives 2025-09-04 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I119th CONGRESS1st SessionH. R. 5153IN THE HOUSE OF REPRESENTATIVESSeptember 4, 2025Mr. Moran introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo establish the Tariff Trust Fund to be used for deficit reduction purposes, and for other purposes.

1.

Short title

This Act may be cited as the Tariff Revenue Used to Secure Tomorrow Act or TRUST Act.

2.

Tariff Trust Fund

(a)

Establishment

There is hereby established in the Treasury of the United States a fund to be known as the Tariff Trust Fund (in this section referred to as the Fund). (b)

Deposit of funds

Notwithstanding any other provision of law, if the United States— (1)maintains a budget deficit for any fiscal year beginning with fiscal year 2026, and (2)continues to maintain a budget deficit for the subsequent fiscal year, amounts collected from the imposition of duties under any provision of law for such subsequent fiscal year that are in excess of the amount collected from the imposition of duties under any provision of law for fiscal year 2025 shall be deposited in the Fund established by subsection (a). (c)

Use of funds

Amounts deposited in the Fund under subsection (b) shall be transferred to the general fund of the Treasury and used only for deficit reduction. (d)

Effective date

This Act shall take effect on the date of the enactment of this Act and shall apply with respect to amounts collected from the imposition of duties beginning on and after October 1, 2025.