# 119-hr-4274: Remittance Expense Minimization and Integrity for Transfers Act

119-hr-4274, Remittance Expense Minimization and Integrity for Transfers Act, is a 119th Congress bill sponsored by Rep. Liccardo, Sam T. [D-CA-16] (D-CA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-4274
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-4274
- Congress: 119
- Title: Remittance Expense Minimization and Integrity for Transfers Act
- Status: introduced
- Introduced: 2025-07-02
- Sponsor: Rep. Liccardo, Sam T. [D-CA-16] (D-CA)
- Cosponsors: 8
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Conditions federal excise taxes and fees on remittance businesses on a Treasury Secretary certification that the charges will not boost money laundering or impose undue burdens.** This bill would stop the federal government from requiring a money transmitting business to pay an excise tax or fee unless Treasury makes a two-part certification to Congress. - Money transmitting businesses. The bill would bar new federal excise taxes or fees on licensed remitters and informal transfer networks unless Treasury certifies the two safety tests. It defines “money transmitting business” to include licensed senders and informal or network-based transfer arrangements. - Remittance senders and households. The bill highlights that remittances are a major cross-border flow and cites the global market at about $500 billion, and it cites a GAO finding that fines pushed consumers toward unregulated methods. By blocking taxes without certification, it aims to reduce policies that might shift senders into informal channels. - Treasury and Congress. Any excise tax or fee would require the Secretary to certify to the House Financial Services Committee and the Senate Banking, Housing, and Urban Affairs Committee that the charge will not increase risks of money laundering and will not impose an undue burden on affected businesses.

## Cosponsors (8)

- Rep. Correa, J. Luis [D-CA-46] (D-CA), 2025-07-02T00:00:00.000Z
- Rep. Torres, Ritchie [D-NY-15] (D-NY), 2025-07-02T00:00:00.000Z
- Rep. Vargas, Juan [D-CA-52] (D-CA), 2025-07-02T00:00:00.000Z
- Rep. Gonzalez, Vicente [D-TX-34] (D-TX), 2025-07-02T00:00:00.000Z
- Rep. Espaillat, Adriano [D-NY-13] (D-NY), 2025-07-02T00:00:00.000Z
- Rep. García, Jesús G. "Chuy" [D-IL-4] (D-IL), 2025-07-02T00:00:00.000Z
- Rep. Subramanyam, Suhas [D-VA-10] (D-VA), 2025-07-02T00:00:00.000Z
- Rep. Soto, Darren [D-FL-9] (D-FL), 2025-07-14T00:00:00.000Z

## Provisions PRIA read

- Limits federal fees on money transfer businesses: benefit, low. This bill would bar new federal excise taxes or fees on money transfer businesses unless Treasury certifies to Congress. The Secretary would have to say the charge would not raise money‑laundering risk and would not be an undue burden. It would cover licensed remitters and informal transfer network…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-7973: Momnibus Act
- 119-hr-2086: Rights for the TSA Workforce Act
- 119-hr-4206: CONNECT for Health Act of 2025
- 119-hr-15: Equality Act
- 119-hr-1589: American Dream and Promise Act of 2025

## Sources
- [119-hr-4274 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/4274)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-2086: Rights for the TSA Workforce Act](https://policyrisk.com/legislation/119-hr-2086)
- [119-hr-4206: CONNECT for Health Act of 2025](https://policyrisk.com/legislation/119-hr-4206)
- [119-hr-15: Equality Act](https://policyrisk.com/legislation/119-hr-15)
- [119-hr-1589: American Dream and Promise Act of 2025](https://policyrisk.com/legislation/119-hr-1589)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-4274 (as of 2026-04-21).