Summary: H.R.4930 — 102nd Congress (1991-1992)All Information (Except Text)

There is one summary for H.R.4930. Bill summaries are authored by CRS.

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Introduced in House (04/09/1992)

Amends the Federal criminal code to require forfeiture of any property used in or derived from a Federal health care offense (defined as an offense under provisions relating to money laundering, racketeer influenced and corrupt organizations, or mail fraud involving: (1) fraudulent or false billing for a medical product, service, or test; (2) inflated cost; (3) unnecessary patient admission; or (4) kickbacks).

Amends Federal law relating to the Attorney General to establish in the Treasury the Health Care Fraud Forfeiture Fund. Makes the Fund available in the same manner as the Department of Justice Forfeiture Fund, to be used solely for the benefit of activities relating to Federal health care offenses. Deposits in the Fund all property forfeited by reason of a Federal health care offense.