SF 4495

02/12/26  REVISOR  RSI/CG  26-06746  as introduced
  SENATE
  STATE OF MINNESOTA
  NINETY-FOURTH SESSION  S.F. No. 4495
  (SENATE AUTHORS: UTKE)
  DATE       D-PG  OFFICIAL STATUS
  03/17/2026      6744 Introduction and first reading
  Referred to Health and Human Services
1.1A bill for an act
1.2relating to money transmission; prohibiting individuals participating in certain
1.3public assistance programs from using money transmission to send money to a
1.4foreign country; requiring money transmitters to report certain information on
1.5individuals; amending Minnesota Statutes 2024, sections 142A.03, by adding a
1.6subdivision; 256.01, by adding a subdivision; proposing coding for new law in
1.7Minnesota Statutes, chapter 53B.
1.8    BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.9Section 1. [53B.681] PROHIBITION ON CERTAIN TRANSMISSION.
1.10(a) For purposes of this section, the term "public programs" includes:
1.11(1) the Minnesota family investment program under chapter 142G;
1.12(2) the Supplemental Nutrition Assistance Program under United States Code, title 7,
1.13   chapter 51;
1.14(3) general assistance and Minnesota supplemental aid under chapter 256D;
1.15(4) housing support under chapter 256I;
1.16(5) medical assistance under chapter 256B;
1.17(6) MinnesotaCare under chapter 256L; and
1.18(7) the child care assistance program under chapter 142E.
1.19(b) An individual who participates in one or more public programs is prohibited from
1.20   using a money transmitter licensed under this chapter to send money to a foreign country.
Section 1.  1
 02/12/26  REVISOR  RSI/CG  26-06746  as introduced
2.1(c) If an individual violates paragraph (b), the individual is no longer eligible for all
2.2  public programs and must be disenrolled from each program the individual was participating
2.3  in.
2.4(d) A money transmitter must provide the reports required under sections 142A.03,
2.5  subdivision 36, and 256.01, subdivision 45.
2.6    Sec. 2. Minnesota Statutes 2024, section 142A.03, is amended by adding a subdivision to
2.7  read:
2.8Subd. 36. Remittances. (a) A money transmitter licensed under chapter 58B must provide
2.9  a report every six months by electronic means to the commissioner of children, youth, and
2.10 families. The report must identify each individual who used the money transmitter to send
2.11 money to a foreign country during the previous six months.
2.12(b) The commissioner of children, youth, and families must determine whether the
2.13 individuals who are the subject of the data reported under paragraph (a) are enrolled in a
2.14 public assistance program under chapter 142E or 142G, or under United States Code, title
2.15 7, chapter 51. If an individual is enrolled in a public assistance program under chapter 142E
2.16 or 142G, or under United States Code, title 7, chapter 51, the commissioner must terminate
2.17 the individual's eligibility for the public assistance program in the manner provided by the
2.18 law and regulations governing the program.
2.19   Sec. 3. Minnesota Statutes 2024, section 256.01, is amended by adding a subdivision to
2.20 read:
2.21Subd. 45. Remittances. (a) A money transmitter licensed under chapter 58B must provide
2.22 a report every six months by electronic means to the commissioner of human services. The
2.23 report must identify each individual who used the money transmitter to send money to a
2.24 foreign country during the previous six months.
2.25(b) The commissioner of human services must determine whether the individuals who
2.26 are the subject of the data reported under paragraph (a) are enrolled in a public assistance
2.27 program under chapter 256B, 256D, or 256L. If an individual is enrolled in a public assistance
2.28 program under chapter 256B, 256D, or 256L, the commissioner must terminate the
2.29 individual's eligibility for the public assistance program in the manner provided by the law
2.30 and regulations governing the program.
 Sec. 3.  2