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Congress·In Committee·S. 3746

Senate Bill Would Ban Public Assistance Recipients From Sending Money Abroad, Impose $100K Fine

Stopping Transfers of Public Funds Abroad Act

about 2 months ago·View on Congress.gov

Legislative Progress

Senate
House
President
Law

Key Points

  • This bill would stop people who receive federal government help, such as Supplemental Security Income, from sending money to family or friends in other countries. These international money transfers are often used by families to support relatives living overseas.
  • Anyone applying for these benefits would be required to sign a legal document promising not to send any money abroad while they are receiving government aid. Signing this document and then breaking the promise would be considered lying under oath.
  • If a person on public assistance is caught sending money to another country, they would face a massive fine of $100,000. This penalty would apply to any transfer made during the time they are receiving government benefits.
  • The policy aims to ensure that taxpayer money intended to help low-income people with their basic needs stays within the United States economy rather than being sent to other nations.
  • If passed, these new rules and penalties would take effect 30 days after the bill becomes law and would apply to both new applicants and people renewing their current benefits.
Economy FinanceImmigration

Impact Analysis

Personal Impact

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Milestones

2 milestones2 actions
Jan 29, 2026Senate

Read twice and referred to the Committee on Finance.

Jan 29, 2026

Introduced in Senate

Source Information

Document Type

Congressional Bill

Official Title

Stopping Transfers of Public Funds Abroad Act

Bill NumberS 3746
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Finance.

Sponsor

Cosponsors

(1)
R: 1

Analysis generated by AI. Always verify with official sources.