H.R. 389: Kleptocracy Asset Recovery Rewards Act

CBO Score


Date of Report

Mon April 15th, 2019

Legislation Details

116th Congress

To authorize the Secretary of the Treasury to pay rewards under an asset recovery rewards program to help identify and recover stolen assets linked to foreign government corruption and the proceeds of such corruption hidden behind complex financial structures in the United States and abroad.

Sponsor: Rep. Stephen Lynch — D — MA

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.

View the full vote history of this bill on GovTrack.us.

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