Federal Benefits Repatriation Verification Act of 2026
Rep. Fischbach Proposes $1,000 Cap on Foreign Money Transfers for Noncitizens Receiving Federal Aid
This bill was recently introduced in the House and is currently being reviewed by two committees. It is in the early stages of the legislative process and is not yet scheduled for a vote. The bill is considered active as it waits for further study by these committees.
Legislative Progress
This bill is led by members of the minority party and faces strong opposition from those concerned about privacy and the impact on immigrant families.
Key Points
Impact Analysis
Personal Impact
Life & Work
Lawful permanent residents who receive any federal benefits would face a hard $1,000 annual cap on sending money to family members abroad. Many green card holders support relatives in their home countries, and this restriction could force them to choose between keeping their benefits and sending money to aging parents or children overseas. Violating the limit would result in losing all federal assistance.
“A noncitizen may not transfer any monetary asset from within the United States to any other noncitizen, entity, or account outside of the United States in an amount that exceeds $1,000 during any 12-month period during which the noncitizen is a recipient of a Federal public benefit.”
Programs
Activities
Milestones
Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Federal Benefits Repatriation Verification Act of 2026
Data Sources
Sponsor
Cosponsors
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