Creates new provisions prohibiting the transmission of money to unauthorized aliens within the state of Mis...
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SB 1124 — Creates new provisions prohibiting the transmission of money to unauthorized aliens within the state of Missouri
Last action — Second Read and Referred S Insurance and Banking Committee
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced December 01, 2025. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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In Committee
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
SB 1124 - This act creates new provisions that prohibit the transmission of money to unauthorized aliens within the state of Missouri by licensed money transmitters. Specifically, a licensee shall not initiate a foreign remittance transfer, as that term is defined in the act, unless the licensee has verified that the sender is not an unauthorized alien. A licensee shall pay a penalty equal to 25% of the United States dollar amount transferred, excluding any fees or charges imposed by the licensee, for any foreign remittance transfer initiated in violation of this act. The act additionally requires licensees to maintain records of the documentation used to verify that the sender of a foreign remittance transfer is not an unauthorized alien and any penalties paid pursuant to this act, including the date and amount of each foreign remittance transfer and the name, date of birth, and address of each sender. The Division of Finance may at any time request, and the licensee shall provide, records of documentation used to verify that the sender of a foreign remittance transfer is not an unauthorized alien. Provisions are included establishing a complaint process for any person who has a good faith belief that a licensee is failing to comply with this act. Moreover, the act requires the Division to conduct random quarterly audits of licensees to ensure compliance with this act. This act contains a severability clause. SCOTT SVAGERA
Bill Text
- Introduced 4962S.01I - Introduced Current pdf
Action History
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Second Read and Referred S Insurance and Banking Committee
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S First Read
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Prefiled
Sponsors
- Nick Schroer · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 198 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (198)
198 members have not signed on to this bill.
Show all 198 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 1124 do?
- SB 1124 - This act creates new provisions that prohibit the transmission of money to unauthorized aliens within the state of Missouri by licensed money transmitters. Specifically, a licensee shall not initiate a foreign remittance transfer, as that term is defined in the act, unless the licensee has verified that the sender is not an unauthorized alien. A licensee shall pay a penalty equal to 25% of the United States dollar amount transferred, excluding any fees or charges imposed by the licensee, for any foreign remittance transfer initiated in violation of this act. The act additionally requires licensees to maintain records of the documentation used to verify that the sender of a foreign remittance transfer is not an unauthorized alien and any penalties paid pursuant to this act, including the date and amount of each foreign remittance transfer and the name, date of birth, and address of each sender. The Division of Finance may at any time request, and the licensee shall provide, records of documentation used to verify that the sender of a foreign remittance transfer is not an unauthorized alien. Provisions are included establishing a complaint process for any person who has a good faith belief that a licensee is failing to comply with this act. Moreover, the act requires the Division to conduct random quarterly audits of licensees to ensure compliance with this act. This act contains a severability clause. SCOTT SVAGERA
- Who sponsors SB 1124?
- SB 1124 is sponsored by Nick Schroer.
- What is the current status of SB 1124?
- This bill is in committee in the Senate. Introduced December 01, 2025. It must pass committee before a floor vote.
- Where can I track SB 1124?
- Track SB 1124 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 2 months ago · updated continuously
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