H.R. 5153

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 5153 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 5153 To establish the Tariff Trust Fund to be used for deficit reduction purposes, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 4, 2025 Mr. Moran introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To establish the Tariff Trust Fund to be used for deficit reduction purposes, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Tariff Revenue Used to Secure Tomorrow Act'' or ``TRUST Act''. SEC. 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. <all>