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Extension of rewards program for recovering assets stolen by kleptocrats.

This law converts the temporary rewards program for information on stolen assets (derived from foreign corruption) into a standard program and extends its operation for 7 years. The goal is to encourage reporting information that helps the US government recover money hidden by corrupt foreign officials. This action supports the fight against international corruption and the recovery of illegally obtained funds.
Key points
The rewards program for recovering assets stolen by kleptocrats is extended for a 7-year period from the date of enactment.
The program's name is changed by removing the word 'Pilot,' signifying its transition from an experimental tool to a standard government instrument.
Individuals with information about hidden assets of corrupt foreign officials can continue to receive financial rewards for assisting in their recovery.
article Official text account_balance Process page
Placed on Calendar
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_5344
Sponsor: Rep. Lynch, Stephen F. [D-MA-8]
Process start date: 2025-09-15
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Kleptocracy Asset Recovery Rewards Program Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_5344.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-09-15.

What are the main provisions?

Key points include:

  • The rewards program for recovering assets stolen by kleptocrats is extended for a 7-year period from the date of enactment.
  • The program's name is changed by removing the word 'Pilot,' signifying its transition from an experimental tool to a standard government instrument.
  • Individuals with information about hidden assets of corrupt foreign officials can continue to receive financial rewards for assisting in their recovery.
What is the specific legal status?

The current status is Placed on Calendar.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Lynch, Stephen F. [D-MA-8].

What is the latest detailed status?

The latest detailed status is: Placed on the Union Calendar, Calendar No. 322.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Courts and Law Economy Security