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HF 4320·MN·house

Individuals participating in certain public assistance programs prohibited from using money transmission to send money to a foreign country, and money transmitters required to report certain information on individuals.

IntroducedFiled Mar 16, 2026
Sponsor: Knudsen
Latest Action

Introduction and first reading, referred to Human Services Finance and Policy

Mar 16, 2026

Summary

The bill bars anyone enrolled in listed Minnesota public assistance programs from using a licensed money‑transmission service to remit funds to another country. If a recipient does so, they lose eligibility for all public assistance programs. Licensed transmitters must submit semi‑annual reports identifying these individuals to state commissioners, who must then terminate their benefits.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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