This bill, titled the Federal Benefits Repatriation Verification Act of 2026, aims to restrict the transfer of monetary assets out of the United States by noncitizens who are recipients of federal benefits. Specifically, it prohibits a covered individual —defined as a noncitizen receiving any form of federal monetary or in-kind assistance—from transferring more than $1,000 to any foreign individual, institution, or account within any 12-month period. Compliance with this repatriation limit is established as a condition of continued eligibility for all federal benefit programs, with violations leading to ineligibility and potential recoupment of improper payments. To enforce this restriction, the bill mandates that covered individuals annually certify compliance as part of their benefit eligibility review. Furthermore, it imposes significant duties on financial institutions, money service businesses, and cryptocurrency exchanges, requiring them to report all repatriation transactions by covered individuals to the Department of the Treasury. These institutions must also query a new Treasury Repatriation Verification Database in real-time to determine if a proposed transfer would exceed the limit, denying any transaction that would violate the $1,000 cap. The Department of the Treasury is directed to establish and maintain this secure, centralized database, which will contain identification data for covered individuals, records of all transactions, and real-time calculations of repatriation totals. This database will provide access to federal and state agencies, as well as financial institutions, to facilitate monitoring and enforcement. Institutions failing to comply with these reporting and verification requirements may face civil penalties of up to $25,000 per violation, with additional penalties for willful or repeated offenses.