US SB1176 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on June 18 2013 - 25% progression, died in committee
Action: 2013-06-18 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 18 2013 - 25% progression, died in committee
Action: 2013-06-18 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Remittance Status Verification Act of 2013 - Amends the Electronic Fund Transfer Act to require a remittance transfer provider, before initiating a transfer, to request from the sender of a remittance whose recipient is located in a country other than the United States proof of the sender's status under U.S. immigration laws. Cites admissible documentation attesting to the sender's status, including a state-issued driver's license or federal passport. Directs a remittance transfer provider to impose, upon any sender unable to provide such proof of status, a fine equal to 7% of the U.S. dollar amount to be transferred. Requires submission to the Consumer Financial Protection Bureau (CFPB) of all fines imposed and collected by a remittance transfer provider in order to pay the administrative and enforcement costs of implementing this Act. Requires the Comptroller General (GAO) to study the effects of the enactment of this Act.
Title
Remittance Status Verification Act of 2013
Sponsors
Sen. David Vitter [R-LA] |
History
Date | Chamber | Action |
---|---|---|
2013-06-18 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Subjects
Border security and unlawful immigration
Civil actions and liability
Congressional oversight
Currency
Finance and financial sector
Government studies and investigations
Immigration status and procedures
Civil actions and liability
Congressional oversight
Currency
Finance and financial sector
Government studies and investigations
Immigration status and procedures
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/senate-bill/1176/all-info |
Text | https://www.congress.gov/113/bills/s1176/BILLS-113s1176is.pdf |