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.

This bill prohibits individuals receiving Minnesota public assistance programs from using licensed money transmitters to send money to foreign countries. It directly affects recipients of programs such as SNAP, medical assistance, child care assistance, and housing support. The law requires money transmitters to report every six months to state agencies any individuals who send money abroad, and state officials must then check if those individuals are enrolled in public assistance programs. If a recipient is found to have sent money to a foreign country while receiving aid, they will lose eligibility for all public assistance programs they were participating in.