H.R.389 - Kleptocracy Asset Recovery Rewards Act116th Congress (2019-2020) |
|Sponsor:||Rep. Lynch, Stephen F. [D-MA-8] (Introduced 01/09/2019)|
|Committees:||House - Financial Services | Senate - Banking, Housing, and Urban Affairs|
|Committee Reports:||H. Rept. 116-60|
|Latest Action:||Senate - 05/15/2019 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.389 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in House (01/09/2019)
Kleptocracy Asset Recovery Rewards Act
This bill establishes in the Department of the Treasury the Kleptocracy Asset Recovery Rewards Program. The program may provide rewards to individuals furnishing information leading to the restraining, seizure, forfeiture, or repatriation of stolen assets linked to foreign government corruption.
The bill provides for the administration of the program, including reward payment and eligibility.