Bernie Moreno (R-OH)
Stopping Transfers of Public Funds Abroad Act
A Republican bill with 1 Republican cosponsor · See the cosponsor
Last activity — Read twice and referred to the Committee on Finance.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, titled the "Stopping Transfers of Public Funds Abroad Act," aims to prohibit individuals receiving public assistance from conducting remittance transfers. Under this Act, heads of Federal agencies must require people applying for or reapplying for benefits to sign a written declaration under penalty of perjury. This declaration states that the individual will not perform any remittance transfers while receiving payments or benefits. Anyone who signs this declaration and then conducts a remittance transfer would face a fine of $100,000. The rules would apply to benefits provided more than 30 days after the Act is enacted.
Yes
No question was scored yes.
The opposite· 3 of 7
- Scored -6
Would households on low incomes be better off under this?
The bill imposes strict requirements and massive fines on households receiving public assistance for sending money abroad.
- Scored -6
Would immigrants be better off under this?
The bill imposes severe financial penalties on immigrants who rely on public assistance and wish to send money home.
- Scored -5
Would Hispanic Americans be better off under this?
The bill restricts the ability of many Hispanic American households to send remittances to their families.
Who it would affect, and how
Potential Positive Impacts for People
- There are no specific provisions in the text that identify positive outcomes or benefits for individuals or groups of people.
Potential Negative Impacts for People
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Financial Penalties: Individuals who sign the required declaration but subsequently conduct a remittance transfer would be subject to a fine of $100,000 (Section 2(a)(2)).
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Administrative Requirements: Individuals applying for or reapplying for any payment or benefit under a public assistance program would be required to provide a written declaration under penalty of perjury (Section 2(a)(1)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would immigrants be better off under this? — The bill imposes severe financial penalties on immigrants who rely on public assistance and wish to send money home. Would households on low incomes be better off under this? — The bill imposes strict requirements and massive fines on households receiving public assistance for sending money abroad. Would Hispanic Americans be better off under this? — The bill restricts the ability of many Hispanic American households to send remittances to their families.
- Social Issues And Justice
- Does this narrow racial gaps in how people are treated? — The bill disproportionately impacts immigrant and minority communities who frequently utilize remittance transfers to support families abroad. Is this likely to lift people out of poverty? — The bill prevents low-income individuals from sending money to support family members, which can negatively impact the financial stability of those households. Does this make it easier for immigrants already here to become citizens? — The bill targets individuals receiving public assistance, a group that often includes immigrants, by imposing heavy financial penalties.
- Governance And Ideology
- Does this protect the right to fair treatment by the courts? — The bill creates a significant financial burden through a $100,000 fine for violating a self-signed declaration.
- 3/10/2026
- 1 Cosponsor added.
- 1/29/2026
- Read twice and referred to the Committee on Finance.
- Introduced in Senate
Tim SheehyRepublican · Montana