CONGRESS FOR VOTERS

Stephen Lynch (D-MA)

Kleptocracy Asset Recovery Rewards Program Act

H.R. 5344 · House bill Finance and Financial Sector

A Democratic bill with 1 Republican cosponsor · See the cosponsor

Last activity — Placed on the Union Calendar, Calendar No. 322.

Cleared committee, waiting for its first floor vote

A committee approved it and it is on the calendar of the chamber it started in.

This is further than most bills get, and still no promise of a vote: the calendar is a queue, and the majority leadership decides what is called. A bill can sit here until the Congress ends.

Its path through Congress

  1. Introduced
  2. On Calendar

What this bill would do

This bill, known as the Kleptocracy Asset Recovery Rewards Program Act'', aims to amend the existing Kleptocracy Asset Recovery Rewards Act. The primary purpose is to extend the duration of the program. It seeks to change the name of the program from a pilot program to the Kleptocracy Asset Recovery Rewards Program''. Additionally, the bill establishes a new sunset provision. This provision ensures the section ceases to have force or effect after a 7-year period starting from the date of enactment.

Yes· 3 of 4

  • Scored +3

    Does this make what the government does easier for the public to see?

    The program's extension facilitates the tracking and recovery of illicitly obtained assets, contributing to greater government integrity.

  • Scored +2

    Is this likely to grow the economy?

    By extending the Kleptocracy Asset Recovery Rewards Program, the bill supports the recovery of assets that can be returned to the economy.

  • Scored +1

    Would households on low incomes be better off under this?

    The recovery of kleptocratic assets can indirectly benefit public resources available to low-income populations.

The opposite

No question was scored the opposite.