We have received text from S. 3917: The Dalilah Law. This bill was received on 2026-02-25, and currently has 6 cosponsors.
Here is a short summary of the bill:
This bill, titled the "Dalilah Law," introduces several regulations concerning the issuance of commercial driver's licenses (CDLs) in the United States. Here’s a breakdown of its key points:
1. Prohibition on Issuing CDLs
The bill aims to prohibit states from issuing commercial driver's licenses to individuals who are not:
- Citizens of the United States,
- Lawful permanent residents of the United States, or
- Nonimmigrants holding specific work visas as detailed in the Immigration and Nationality Act.
The definition of a commercial driver's license and the related terms are clearly outlined, ensuring that the bill's language conforms to existing legislation.
2. Recertification Requirements
States are required to recertify all individuals currently holding CDLs within 180 days of the bill's enactment. This recertification process includes verifying that these individuals:
- Are citizens or lawful permanent residents, or
- Are nonimmigrants with valid work visas.
Additionally, individuals must demonstrate proficiency in the English language and pass required examinations conducted in English.
3. Disqualifications for Non-Compliance
Individuals who do not meet these criteria or who fail to recertify will have their CDLs revoked, and they will be disqualified from operating commercial motor vehicles for life. The bill lays out specific consequences for those who operate commercial motor vehicles without the necessary status.
4. Withholding of Federal Funding
If states do not comply with these requirements, they may lose federal funds related to transportation. The Secretary of Transportation is responsible for withholding funding from states that:
- Fail to complete the recertification process within the specified timeframe,
- Issue licenses to unqualified individuals, or
- Do not verify English proficiency during the license issuance process.
5. Federal Oversight
The bill grants the Secretary of Transportation the authority to enforce these requirements, ensuring that states adhere to the new regulations or face financial penalties.
6. Definitions and Clarifications
Key terms related to CDLs and the process are defined within the bill to avoid ambiguity, ensuring that there is a clear understanding of who is affected and how the regulations will be enforced.
Relevant Companies
- HTZ (Hertz Global Holdings, Inc.): As a major car rental company, changes in CDL regulations could directly impact their staffing needs for drivers.
- UPS (United Parcel Service, Inc.): As a logistics and package delivery company, the need for licensed commercial drivers is crucial to their operations and could be impacted by the bill.
- FDX (FedEx Corporation): Similar to UPS, FedEx relies on a large workforce of commercial drivers, and changes in licensing regulations could affect their hiring practices.
Senator Jim Banks Bill Proposals
Here are some bills which have recently been proposed by Senator Jim Banks:
- S.4061: A bill to amend the Elementary and Secondary Education Act of 1965 to require local educational agencies to include mental health and suicide prevention information on student identification cards, and for other purposes.
- S.4043: A bill to amend title 38, United States Code, to make permanent the authority of the Secretary of Veterans Affairs to provide treatment and rehabilitation for seriously mentally ill and homeless veterans, and for other purposes.
- S.3992: A bill to amend title 10, United States Code, to codify authority for the Joint Medical Facility Fund of the Department of Defense and the Department of Veterans Affairs, and for other purposes.
- S.3917: The Dalilah Law
- S.3794: SAFE Drugs Act of 2026
- S.3610: No Funding for Foreign Agents Act
You can track bills proposed by Senator Jim Banks on Quiver Quantitative's politician page for Banks.
Senator Jim Banks Net Worth
Quiver Quantitative estimates that Senator Jim Banks is worth $3.4M, as of March 12th, 2026. This is the 206th highest net worth in Congress, per our live estimates.
Banks has approximately $83.6K invested in publicly traded assets which Quiver is able to track live.
You can track Senator Jim Banks's net worth on Quiver Quantitative's politician page for Banks.
Senator Jim Banks Stock Trading
We have data on up to $995.0K of trades from Senator Jim Banks, which we parsed from STOCK Act filings. Some of the largest trades include:
- A November 2nd, 2021 purchase of up to $50K of $RBLX. The stock has fallen 24.12% since then.
- A November 12th, 2021 purchase of up to $50K of $PTON. The stock has fallen 92.16% since then.
- A August 28th, 2020 sale of up to $15K of $F. The stock has risen 74.5% since then.
- A September 11th, 2020 purchase of up to $15K of $PASO.
- A June 22nd, 2021 sale of up to $15K of $KR. The stock has risen 81.25% since then.
You can track Senator Jim Banks's stock trading on Quiver Quantitative's politician page for Banks.
2030 Indiana US Senate Election
There has been approximately $11,495,527 of spending in Indiana US Senate elections over the last two years, per our estimates.
Approximately $1,083,595 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- AMERICAN LEADERSHIP PAC ($824,920)
- HOOSIER HONOR ($223,620)
- PROTECT FREEDOM POLITICAL ACTION COMMITTEE ($29,282)
- CLUB FOR GROWTH PAC ($3,625)
- INDIANA REPUBLICAN STATE COMMITTEE, INC. ($2,147)
You can track this election on our matchup page for the 2030 Indiana US Senate election.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.