H.R. 389: Kleptocracy Asset Recovery Rewards Act

116th Congress · introduced 2019-01-09 · Finance and Financial Sector · Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

Follow this bill, step by step

Where it came from: introduced 2019-01-09 · official record
Who proposed it: Rep. Lynch, Stephen F. [D-MA-8] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Kleptocracy Asset Recovery Rewards Act

Plain summary

Kleptocracy Asset Recovery Rewards Act This bill 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.

Congressional Research Service summary (Passed House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Kleptocracy Asset Recovery Rewards Act

Source: Congressional Research Service summary (Passed House)

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The strongest published arguments

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Lynch, Stephen F. [D-MA-8] · 4 cosponsors

Cost estimate: CBO cost estimate: H.R. 389, Kleptocracy Asset Recovery Rewards Act (2019-04-15)

Cosponsors on this site

Steve Cohen (D-TN), Ted Budd (R-NC), Brian K. Fitzpatrick (R-PA)

Sponsor's campaign money: Rep. Lynch, Stephen F. [D-MA-8] reported raising $1.1 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Jurisdiction: The area or the matters a government or court has authority over.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Passed House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-116hr389.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/116/hr>

Record fed-us-cong116-hr389 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116