To prohibit loans by Federal agencies to aliens who are unlawfully present in the United States.
Stop Loans Offered to Illegal Aliens Now (Stop LOAN) Act - Prohibits loans by federal agencies to illegal aliens.
Requires a federal agency to use the employment verification system established under the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 (or any successor program) to verify an individual's name, date of birth, social security number, and lawful presence before extending a loan.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Sponsor introductory remarks on measure. (CR H5131)
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