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Stop Somali CASH Fraud Act

4/1/2026, 5:01 PM

Summary of Bill S 4078

This bill, introduced in the 119th Congress, is titled "A bill to amend section 5316 of title 31, United States Code, to include concerning money instruments relating to certain countries in reports under that section, and for other purposes." The bill aims to modify section 5316 of the U.S. Code to encompass money instruments associated with specific countries in the reports mandated by that section. The bill's main focus appears to be on financial transactions and reporting requirements related to certain nations.

Current Status of Bill S 4078

Bill S 4078 is currently in the status of Bill Introduced since March 12, 2026. Bill S 4078 was introduced during Congress 119 and was introduced to the Senate on March 12, 2026.  Bill S 4078's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 12, 2026

Bipartisan Support of Bill S 4078

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4078

Primary Policy Focus

Immigration

Alternate Title(s) of Bill S 4078

A bill to amend section 5316 of title 31, United States Code, to include concerning money instruments relating to certain countries in reports under that section, and for other purposes.
A bill to amend section 5316 of title 31, United States Code, to include concerning money instruments relating to certain countries in reports under that section, and for other purposes.

Comments

Desmond Peacock profile image

Desmond Peacock

618

20 days ago

I don't like how this bill could impact my finances and relationships with other countries.