Stopping Transfers of Public Funds Abroad Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3746 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 3746 To prohibit individuals receiving public assistance from conducting remittance transfers. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES January 29, 2026 Mr. Moreno introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To prohibit individuals receiving public assistance from conducting remittance transfers. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Stopping Transfers of Public Funds Abroad Act''. SEC. 2. PROHIBITING INDIVIDUALS RECEIVING PUBLIC ASSISTANCE FROM CONDUCTING REMITTANCE TRANSFERS. (a) In General.-- (1) Enforcement.--The head of any Federal agency responsible for the administration of any public assistance program shall require any individual applying or reapplying for any payment or other benefit under such program to provide a written declaration, under penalty of perjury pursuant to section 1746 of title 28, United States Code, that such individual will not transfer any funds through a remittance transfer during any period in which such individual receives any payment or other benefit under such program. (2) Penalty.--Any individual who has provided a written declaration described in paragraph (1) and subsequently transferred funds through a remittance transfer during any period in which such individual received any payment or other benefit under the public assistance program to which such declaration applies shall be subject to a fine of $100,000. (b) Definitions.--In this section: (1) Public assistance program.--The term ``public assistance program'' means any program described in paragraph (1), (2