Stopping Transfers of Public Funds Abroad Act

This bill prohibits individuals receiving federal public assistance benefits from sending money abroad via remittance services (like Western Union) while they are receiving benefits. It requires applicants to sign a legally binding declaration under penalty of perjury that they will not make such transfers, with violations punishable by a $100,000 fine. The law applies to specific federal benefit programs (e.g., SSI, TANF) as defined in existing regulations, and takes effect 30 days after enactment. It directly affects low-income benefit recipients who might otherwise send funds internationally.