Description: H.Amdt. 457 — 115th Congress (2017-2018)All Information (Except Text)

Page 3, line 17, insert "and, to the extent any victim thereof was an identifiable person, suffered by the payee or lendee," before "or constitutes". Page 3, insert after line 19 the following (and redesignate succeeding subsections accordingly): ***.


An amendment numbered 1 printed in Part B of House Report 115-363 to prohibit Cy Pres distributions in cases where money is simply left over and the settlement contains no specific provision on its disposition. Amendment also clarifies that payments made must not only be remedial but must actually go to the victims who suffered the injury.

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