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|
|Latest Action:||House - 01/09/2019 Referred to the House Committee on Financial Services. (All Actions)|
This bill has the status Introduced
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.