This legislation seeks to regulate the imposition of federal excise taxes and fees on money transmitting businesses . It prohibits the federal government from requiring such payments unless the Secretary of the Treasury provides a specific certification to Congress. This certification must affirm that the proposed tax or fee will not exacerbate the potential for money laundering or other financial crimes. Furthermore, the Secretary must certify that the excise tax or fee will not impose an undue burden on any money transmitting business. The bill broadly defines a "money transmitting business" to include licensed senders of money, as well as those operating informal money transfer systems or networks outside conventional financial institutions. The underlying findings highlight concerns that excessive fees on legitimate remittances can drive transactions into unregulated channels, potentially increasing illicit financial activities like money laundering and terrorist financing.