Congress·In Committee·S. 4078
Stop Somali CASH Fraud Act
Reporting Rules for Carrying Cash to High-Risk Countries
Legislative Progress
Senate
Key Points
- Sen. Cornyn introduced a bill that would require non-citizens from certain "high-risk" countries to notify the government at least 72 hours before they take large amounts of cash or money out of the United States.
- Travelers would have to provide five years of history for all their travel documents, tax identification numbers, and alien registration numbers to help the government track who is moving money.
- The bill requires detailed information about the person receiving the money overseas, including their name, address, phone number, and even their email address.
- A key part of the plan is to find out if the money being sent abroad came from government benefit programs or public contracts, aiming to stop people from sending taxpayer-funded assistance to other countries.
- This rule would apply to people from countries labeled as state sponsors of terrorism or those identified by the State Department as having a high risk of relying on U.S. public benefits.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
2 milestones2 actions
Mar 12, 2026
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Mar 12, 2026
Introduced in Senate
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
Stop Somali CASH Fraud Act
Bill NumberS 4078
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Data Sources
Sponsor
Cosponsors
(1)R: 1
Analysis generated by AI. Always verify with official sources.