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Alien Banking Act

Introduced on 3/5/26

H. R. 7842

Introduced in House

March 5, 2026

Mr. Ogles (for himself, Mr. Crane, and Mr. Higgins of Louisiana) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To amend section 5318 of title 31, United States Code, to require financial institutions to verify the lawful immigration status of applicants for deposit accounts through a self-attestation form, to impose penalties on individuals for false attestations, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Alien Banking Act”.