# 119-s-4450: Financial Access Protection Act

119-s-4450, Financial Access Protection Act, is a 119th Congress bill sponsored by Sen. Alsobrooks, Angela D. [D-MD] (D-MD); status introduced; PRIA reads it as touching household money (as of 2026-05-23).

- Canonical: https://policyrisk.com/legislation/119-s-4450
- As of: 2026-05-23
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4450
- Congress: 119
- Title: Financial Access Protection Act
- Status: introduced
- Introduced: 2026-04-30
- Sponsor: Sen. Alsobrooks, Angela D. [D-MD] (D-MD)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-05-23

## Summary

**Prohibits covered financial institutions from collecting or sharing customers' citizenship or immigration status.** This bill would bar banks, credit unions, consumer reporting agencies, holding companies, and supervised affiliates from requesting, recording, retaining, or disclosing that information as a condition of opening, maintaining, or accessing accounts or services. - Consumers: People seeking bank accounts or credit reporting services would not be required to disclose citizenship or immigration status to open or use accounts, and institutions could not share that information with federal or other government agencies. - Financial institutions: Banks and credit unions would be prohibited from collecting or keeping citizenship or immigration status data and from transmitting it to government entities. Covered consumer reporting agencies would face the same limits on data collection and sharing. - Regulators and enforcement: Federal banking agencies would be barred from requiring or encouraging such data collection in guidance, exams, ratings, or approvals and would enforce the ban. The bill also preserves existing anti-money laundering, Bank Secrecy Act, and other crime-reporting obligations.

## Provisions PRIA read

- Banks could not ask immigration status: benefit, low. If enacted, covered banks, credit unions, and consumer reporting agencies would not be allowed to require you to disclose your citizenship or immigration status to open, keep, or use an account. They would not be allowed to request, collect, record, retain, or otherwise obtain that status informati…
- Agencies would enforce but AML stays: mixed, medium. If enacted, the bill would make the federal banking agencies responsible for enforcing the ban on collecting or sharing citizenship and immigration status by covered institutions. The bill would also prevent agencies from requiring or encouraging firms to collect that status information. At the sam…
- Which firms the ban would cover: mixed, medium. If enacted, the bill would define which banks, credit unions, consumer reporting agencies, bank holding companies, savings associations, and their supervised affiliates must follow the ban. It would rely on existing legal definitions in the Federal Deposit Insurance Act, the Anti‑Money Laundering A…

## Related bills

- 119-s-4949: Water Resources Development Act of 2026
- 119-s-2838: Protecting Our Democracy Act
- 119-s-5283: Momnibus Act
- 119-s-4504: Full-Service Community School Expansion Act of 2026
- 119-s-3990: PrEP Access and Coverage Act of 2026
- 119-s-2823: FAMILY Act

## Sources
- [119-s-4450 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4450)

## Related
- [119-s-4949: Water Resources Development Act of 2026](https://policyrisk.com/legislation/119-s-4949)
- [119-s-2838: Protecting Our Democracy Act](https://policyrisk.com/legislation/119-s-2838)
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [119-s-4504: Full-Service Community School Expansion Act of 2026](https://policyrisk.com/legislation/119-s-4504)
- [119-s-3990: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-s-3990)
- [119-s-2823: FAMILY Act](https://policyrisk.com/legislation/119-s-2823)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4450 (as of 2026-05-23).