Dollars for the Wall Act

I 116TH CONGRESS 1ST SESSION H. R. 3717 To amend the Internal Revenue Code of 1986 to terminate the designation of income tax payments to the Presidential Election Campaign Fund and to provide for the designation of income tax payments to the Border Wall Trust Fund, and for other purposes. IN THE HOUSE OF REPRESENTATIVES JULY 11, 2019 Mr. GREEN of Tennessee (for himself, Mr. MASSIE, Mr. GAETZ, Mr. BILI- RAKIS, Mr. GIBBS, Mr. ROY, Mr. NORMAN, Mr. HIGGINS of Louisiana, Mr. HICE of Georgia, Mr. BAIRD, Mr. PENCE, Mr. TURNER, Mr. BUCHANAN, Mr. RESCHENTHALER, Mr. RUTHERFORD, Mr. WOMACK, Mr. BIGGS, Mr. KELLY of Mississippi, Mr. JOHNSON of Louisiana, Mr. STIVERS, Mr. RIGGLEMAN, Mr. BURCHETT, Mr. SMITH of Missouri, Mr. BUDD, Mr. DUNN, Mr. MCKINLEY, Mr. CLINE, Mr. ROGERS of Alabama, Mr. SHIMKUS, Mr. COMER, Mr. HARRIS, Mr. DAVIDSON of Ohio, Mr. YOHO, Mr. WALKER, and Mr. SPANO) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to terminate the designation of income tax payments to the Presi- dential Election Campaign Fund and to provide for the designation of income tax payments to the Border Wall Trust Fund, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 VerDate Sep 11 2014 22:00 Jul 23, 2019 Jkt 089200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H3717.IH H3717 kjohnson on DSK79L0C42 with BILLS 2 •HR 3717 IH SECTION 1. SHORT TITLE. 1 This Act may be cited as the ‘‘Dollars for the Wall 2 Act’’. 3 SEC. 2. TERMINATION OF DESIGNATION OF INCOME TAX 4 PAYMENTS TO THE PRESIDENTIAL ELECTION 5 CAMPAIGN FUND. 6 (a) IN GENERAL.—Section 6096 of the Internal Rev- 7 enue Code of 1986 is amended by adding at the end the 8 following new subsection: 9 ‘‘(d) TERMINATION.—This section shall not apply to 10 taxable years beginning after December 31, 2018.’’. 11 (b) EFFECTIVE DATE.—The amendment made by 12 this section shall apply to taxable years beginning after 13 December 31, 2018. 14 SEC. 3. DESIGNATION OF INCOME TAX PAYMENTS TO BOR- 15 DER WALL TRUST FUND. 16 (a) IN GENERAL.—Subchapter A of chapter 61 of the 17 Internal Revenue Code of 1986 (relating to information 18 and returns) is amended by adding at the end the fol- 19 lowing new part: 20 ‘‘PART IX—DESIGNATION OF INCOME TAX 21 PAYMENTS TO BORDER WALL TRUST FUND 22 ‘‘Sec. 6098. Designation to Border Wall Trust Fund. ‘‘SEC. 6098. DESIGNATION TO BORDER WALL TRUST FUND. 23 ‘‘(a) IN GENERAL.—Every individual (other than a 24 nonresident alien) whose income tax liability for the tax- 25 VerDate Sep 11 2014 22:00 Jul 23, 2019 Jkt 089200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H3717.IH H3717 kjohnson on DSK79L0C42 with BILLS 3 •HR 3717 IH able year is $3 or more may designate that $3 shall be 1 paid over to the Border Wall Trust Fund in accordance 2 with the provisions of section 9512. In the case of a joint 3 return of husband and wife having an adjusted income tax 4 liability of $6 or more, each spouse may designate that 5 $3 shall be paid to the fund. 6 ‘‘(b) INCOME TAX LIABILITY.—For purposes of sub- 7 section (a), the income tax liability of an individual for 8 any taxable year is the amount of the tax imposed by 9 chapter 1 on such individual for such taxable year (as 10 shown on the individual’s return), reduced by the sum of 11 the credits (as shown on such return) allowable under part 12 IV of subchapter A of chapter 1 (other than subpart C 13 thereof). 14 ‘‘(c) MANNER AND TIME OF DESIGNATION.—A des- 15 ignation under subsection (a) may be made with respect 16 to any taxable year— 17 ‘‘(1) at the time of filing the return of the tax 18 imposed by chapter 1 for such taxable year, or 19 ‘‘(2) at any other time (after the time of filing 20 the return of the tax imposed by chapter 1 for such 21 taxable year) specified in regulations prescribed by 22 the Secretary. 23 Such designation shall be made in such manner as the 24 Secretary prescribes by regulations except that, if such 25 VerDate Sep 11 2014 22:00 Jul 23, 2019 Jkt 089200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H3717.IH H3717 kjohnson on DSK79L0C42 with BILLS 4 •HR 3717 IH designation is made at the time of filing the return of the 1 tax imposed by chapter 1 for such taxable year, such des- 2 ignation shall be made either on the first page of the re- 3 turn or on the page bearing the taxpayer’s signature.’’. 4 (b) BORDER WALL TRUST FUND.—Subchapter A of 5 chapter 98 of such Code (relating to establishment of trust 6 funds) is amended by adding at the end the following new 7 section: 8 ‘‘SEC. 9512. BORDER WALL TRUST FUND. 9 ‘‘(a) CREATION OF TRUST FUND.—There is estab- 10 lished in the Treasury of the United States a trust fund 11 to be known as the ‘Border Wall Trust Fund’, consisting 12 of such amounts as may be appropriated or credited to 13 such fund as provided in this section or section 9602(b). 14 ‘‘(b) TRANSFERS TO TRUST FUND.—There are here- 15 by appropriated to the Border Wall Trust Fund amounts 16 equivalent to the amounts designated under section 6098. 17 ‘‘(c) EXPENDITURES.—Amounts in the Border Wall 18 Trust Fund shall be available, as provided in appropria- 19 tion Acts, only for the purpose of building a physical wall 20 along the southern border of the United States.’’. 21 (c) CLERICAL AMENDMENTS.— 22 (1) The table of parts for subchapter A of chap- 23 ter 61 of such Code is amended by adding at the 24 end the following new item: 25 VerDate Sep 11 2014 22:00 Jul 23, 2019 Jkt 089200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\H3717.IH H3717 kjohnson on DSK79L0C42 with BILLS 5 •HR 3717 IH ‘‘PART IX. DESIGNATION OF INCOME TAX PAYMENTS TO BORDER WALL TRUST FUND.’’. (2) The table of sections for subchapter A of 1 chapter 98 of such Code is amended by adding at 2 the end the following new item: 3 ‘‘Sec. 9512. Border Wall Trust Fund.’’. (d) EFFECTIVE DATE.—The amendments made by 4 this section shall apply to taxable years beginning after 5 December 31, 2018. 6 Æ VerDate Sep 11 2014 22:00 Jul 23, 2019 Jkt 089200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6301 E:\BILLS\H3717.IH H3717 kjohnson on DSK79L0C42 with BILLS