Kleptocracy Asset Recovery Rewards Program Act
Sponsor

Full profile: /officials/L000562
Source: Congress.gov · FEC
Cosponsors (1)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Plain-English Summary
This bill would create a financial rewards program that pays people who help the U.S. government recover stolen assets hidden by corrupt foreign officials and their associates. Similar to whistleblower programs in other areas, it would incentivize individuals with inside knowledge to come forward by offering them a share of the money recovered, making it more likely that stolen funds get returned to their rightful countries. The program targets money laundering and corruption schemes where foreign leaders and their networks stash ill-gotten gains in U.S. banks and investments.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
Subjects
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