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Assessing Financial Impact of Illegal Immigration on US Stability

This bill requires the Financial Stability Oversight Council to report annually to Congress on the threats illegal immigration poses to the financial stability of the United States. The goal is to better understand and develop ways to mitigate potential financial issues related to this phenomenon. For citizens, this means the government will more closely analyze how immigration issues might affect the nation's overall economy.
Key points
The Financial Stability Oversight Council must annually report to Congress on the financial impact of illegal immigration.
Reports will include recommendations to mitigate potential negative financial consequences related to illegal immigration.
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Expired
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Additional Information
Print number: 118_HR_7057
Sponsor: Rep. Williams, Roger [R-TX-25]
Process start date: 2024-01-18
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Evaluating Financial Impacts of Illegal Immigration Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7057.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-01-18.

What are the main provisions?

Key points include:

  • The Financial Stability Oversight Council must annually report to Congress on the financial impact of illegal immigration.
  • Reports will include recommendations to mitigate potential negative financial consequences related to illegal immigration.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Williams, Roger [R-TX-25].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy Migration