HR 5153

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. 

Bill status

Status

In committee

Sponsor

Rep. Nathaniel Moran [R-TX-1]

Cosponsors

0

Policy area

Economics and Public Finance

Introduced

2025-09-04

Latest action

2025-09-04: Referred to the House Committee on Ways and Means.

Committee referrals

• Ways and Means Committee: House · Referred To · 2025-09-04

Recent actions

• 2025-09-04: Referred to the House Committee on Ways and Means.
• 2025-09-04: Introduced in House
• 2025-09-04: Introduced in House