A bill to amend title 31, United States Code, to require certain financial institutions to verify the citizenship and legal status of individuals, and for other purposes

citizens or have legal immigration status before providing services. **Who it affects:** - Banks and other financial institutions that would need to implement new verification procedures - All bank customers who would need to prove their citizenship or legal status - Non-citizens, including undocumented immigrants, who might face restrictions accessing banking services **What would change:** - Financial institutions would need new systems to check and verify customers' immigration status - Opening bank accounts or accessing certain financial services would require additional documentation - Some individuals without proper documentation might lose access to banking services - Banks would likely face increased compliance costs and administrative requirements **Current status:** The bill is currently in committee, meaning it's being reviewed but hasn't been voted on by the full Senate yet.