Stopping Transfers of Public Funds Abroad Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 2
- Latest action
- Jan 29, 2026
What it does
The Stopping Transfers of Public Funds Abroad Act would prohibit individuals receiving public assistance from sending money abroad through remittance transfers. It requires applicants or recipients of federal public assistance programs to sign a written declaration, under penalty of perjury, affirming they will not conduct such transfers while receiving benefits, with violations subject to a $100,000 fine. The bill defines public assistance programs using specific federal regulations and remittance transfers under the Electronic Fund Transfer Act, and its provisions would take effect 30 days after enactment for benefits provided thereafter.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.