A new account keeps all but $5 of each payment
What the document says“There is established in the general fund of the Treasury a separate account, which shall be known as the `CBP Electronic Visa Update System Account'”
The section amends section 286 of the Immigration and Nationality Act to set up a separate account in the general fund of the Treasury holding the fees collected less $5 for each payment, appropriates that money without further appropriation to make payments and offset program costs, and keeps it available until spent for any U.S. Customs and Border Protection costs of running the system. The $5 a payment goes into the general fund of the Treasury.
What the document actually says“There is established in the general fund of the Treasury a separate account, which shall be known as the `CBP Electronic Visa Update System Account'”
A new account is set up. It sits in the general fund of the Treasury. It has its own name.
It holds the fees less $5 a payment. The border agency may spend it on the system. The rest goes to the Treasury.
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