Prohibition on collection of citizenship or immigration status information

(a) In general Notwithstanding any other provision of law, a covered financial institution may not— (1) require a consumer or prospective consumer to disclose their citizenship status or immigration status as a condition of opening, maintaining, or accessing an account or financial service offered by such covered financial institution; (2) request, collect, record, retain, maintain, or otherwise obtain information relating to the citizenship status or immigration status of a consumer; or (3) transmit, report, disclose, or otherwise make available information relating to the citizenship status or immigration status of a consumer available to any Federal agency or other governmental entity. (b) Prohibition on regulatory action No appropriate Federal banking agency may, by regulation, rule, order, guidance, supervisory expectation, examination procedure, informal request, or otherwise— (1) require or encourage a covered financial institution to collect or maintain information regarding the citizenship status or immigration status of a consumer; or (2) condition supervisory ratings, enforcement decisions, approvals, or other regulatory determinations on the collection or reporting of information about the citizenship status or immigration status of a consumer. (c) Enforcement Each appropriate Federal banking agency shall enforce this section with respect to covered financial institutions. (d) Rule of construction Nothing in this section may be construed to— (1) alter or limit the any obligations a covered financial institution has under the Bank Secrecy Act; or (2) prevent covered financial institutions from complying with Federal, State, or local reporting requirements relating to the prevention of financial crimes including money laundering, terrorist financing, compliance with sanctions.