Foreign Remittance Accountability and Transparency Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsor
- 1
- Latest action
- Nov 7, 2025
What it does
The Foreign Remittance Accountability and Transparency Act directs the Comptroller General of the United States, in consultation with the Secretary of the Treasury, to study foreign government programs that facilitate federal tax evasion by supporting remittance transfers from individuals in the United States. The study must identify such programs, determine whether they intentionally bypass U.S. tax or reporting laws, and assess their scope, financial volume, and policy implications. Within 180 days of enactment, the Comptroller General must submit a report to Congress containing the study’s findings and policy recommendations for enforcement or regulatory responses. The bill affects…
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.
Where it goes next
While a bill can still move, the questions are about people and money.