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Rep. John McGuire Introduces the REMIT Act
September 29, 2025
WASHINGTON, Sept. 29 -- Rep. John McGuire, D-Virginia, issued the following news release:

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Rep. John McGuire Introduces the REMIT Act

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WASHINGTON, D.C. -- U.S. Representative John McGuire (VA-05) introduced the Requiring Excise for Migrant Income Transfers (REMIT) Act. This bill will increase the current 1 percent tax on remittance transfers to 15 percent. Companion legislation in the United States Senate is led by Senator Eric Schmitt (R . . .

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