119 HR 5978 IH: Foreign Remittance Accountability and Transparency Act U.S. House of Representatives 2025-11-07 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. 5978IN THE HOUSE OF REPRESENTATIVESNovember 7, 2025Mr. Self introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo direct the Comptroller General of the United States and the Secretary of the Treasury to investigate and report on foreign government programs that facilitate Federal tax evasion.

1.

Short title

This Act may be cited as the Foreign Remittance Accountability and Transparency Act.

2.

Study and report

(a)

Study

The Comptroller General of the United States (hereinafter the Comptroller General), in consultation with the Secretary of the Treasury (or the Secretary’s delegate), shall conduct a study on foreign government programs that facilitate Federal tax evasion. In conducting the study, the Comptroller General shall— (1)identify foreign programs explicitly designed to support remittance transfers from individuals in the United States, (2)determine whether programs identified in paragraph (1) bypass the tax laws or reporting laws of the United States and whether such bypass is intentional, and (3)identify the scope, financial volume, and policy implications of programs identified in paragraph (1). (b)

Report

Not later than 180 days after the date of the enactment of this Act, the Comptroller General shall submit to Congress a report that contains— (1)the results of the study required by subsection (a), and (2)policy recommendations for enforcement or regulatory responses to such results.