US Congress House Bill 389 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Engrossed on May 15 2019 - 50% progression, died in committee
Action: 2019-05-15 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

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. A person is ineligible for a reward if they are an officer or employee of a federal, state, local, or foreign government and furnish such information in the course of their official duties. A person may be ineligible if Treasury reasonably believes that such person knowingly participated in certain forms of government corruption. The bill provides for the administration of the program, including reward payment and eligibility. Rewards must, to the extent possible, be paid first from any recovered assets. Treasury must obtain approval from the Department of Justice before paying a reward under this Act in a matter where there is federal criminal jurisdiction.

Kleptocracy Asset Recovery Rewards Act

Rep. Stephen Lynch [D-MA]	Rep. Steve Cohen [D-TN]	Sen. Ted Budd [R-NC]	Rep. Kathleen Rice [D-NY]
Rep. Brian Fitzpatrick [R-PA]

Date	Chamber	Action
2019-05-15	Senate	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2019-05-14	House	Motion to reconsider laid on the table Agreed to without objection.
2019-05-14	House	On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3764-3766)
2019-05-14	House	DEBATE - The House proceeded with forty minutes of debate on H.R. 389.
2019-05-14	House	Considered under suspension of the rules. (consideration: CR H3764-3767)
2019-05-14	House	Ms. Waters moved to suspend the rules and pass the bill, as amended.
2019-05-14	House	Placed on the Union Calendar, Calendar No. 38.
2019-05-14	House	Reported (Amended) by the Committee on Financial Services. H. Rept. 116-60.
2019-03-28	House	Ordered to be Reported (Amended) by Unanimous Consent.
2019-03-28	House	Committee Consideration and Mark-up Session Held.
2019-03-27	House	Committee Consideration and Mark-up Session Held.
2019-03-26	House	Committee Consideration and Mark-up Session Held.
2019-01-09	House	Referred to the House Committee on Financial Services.
2019-01-09	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/389/all-info
Text	https://www.congress.gov/116/bills/hr389/BILLS-116hr389ih.pdf
Text	https://www.congress.gov/116/bills/hr389/BILLS-116hr389rh.pdf
Text	https://www.congress.gov/116/bills/hr389/BILLS-116hr389eh.pdf