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US SB3746

Bill

Status

Introduced

1/29/2026

Primary Sponsor

Bernie Moreno

Click for details

Origin

Senate

119th Congress

AI Summary

  • Prohibits individuals receiving public assistance from making remittance transfers (international money transfers) while receiving benefits

  • Requires applicants for public assistance programs to sign a written declaration under penalty of perjury agreeing not to conduct remittance transfers during the benefit period

  • Imposes a $100,000 fine on any individual who signs the declaration and subsequently makes a remittance transfer while receiving public assistance

  • Covers major federal assistance programs including SNAP, SSI, Medicaid, and TANF as defined in 20 CFR 416.1142(a)

  • Takes effect 30 days after enactment for any benefits provided after that date

Legislative Description

Stopping Transfers of Public Funds Abroad Act

Finance and financial sector

Last Action

Read twice and referred to the Committee on Finance.

1/29/2026

Committee Referrals

Finance1/29/2026

Full Bill Text

No bill text available