HR 5153 ยท TRUST Act
Referred to the House Committee on Ways and Means.
- Introduced
- Sep 4, 2025
- Latest action
- Sep 4, 2025
- Sponsor
- Rep. Nathaniel Moran [R-TX-1]
- Policy area
- Economics and Public Finance
- Cosponsors
- 0
Summary
Tariff Revenue Used to Secure Tomorrow Act or TRUST Act This bill establishes the Tariff Trust Fund within the Treasury and requires certain revenues collected from duties (e.g., tariffs) to be deposited into the fund and used for deficit reduction. If the federal government maintains a budget deficit for any fiscal year beginning with FY2026 and continues to maintain a budget deficit for the subsequent fiscal year, the bill requires amounts collected from the imposition of duties for the subsequent fiscal year that exceed the amounts collected from duties for FY2025 to be deposited into the fund established by this bill. Any amounts deposited into the fund must be transferred to the general fund of the Treasury and may only be used for deficit reduction.
Recent actions
- Sep 4, 2025 Referred to the House Committee on Ways and Means.
- Sep 4, 2025 Introduced in House
- Sep 4, 2025 Introduced in House
Votes
No recorded votes are available for this bill.