No Taxpayer-Funded Settlement Slush Funds Act of 2026

Source of recordUS Congress · congress.govLast synced Sep 4, 2026

Chamber

House

Progress

Where this bill stands in the legislative process.

Introduced
Passed House
Passed Senate
To President
Became Law

Overview

This bill, the No Taxpayer-Funded Settlement Slush Funds Act of 2026, restricts the use of federal funds for settlement agreements and awards. Specifically, it prohibits payments to certain individuals and entities, including the President, Vice President, their families, and high-ranking executive branch officials. It also limits payments related to specific legal cases, such as those involving the January 6th Capitol attack or foreign interference in elections, and requires increased transparency regarding settlement payments exceeding $100,000. The bill aims to prevent taxpayer money from being used to compensate individuals involved in controversial legal matters.

Key provisions

Prohibits payments to the President, Vice President, their families, and certain executive branch officials.
Restricts payments related to investigations, prosecutions, or convictions related to the January 6th Capitol attack, election interference, or similar civil actions.
Requires the Treasury Secretary to report details of settlement payments over $100,000 to Congress.
Establishes a notification requirement for payments exceeding $250,000, triggering a 120-day hold period.
Allows the Attorney General to pursue legal action against individuals receiving prohibited settlements.
Defines ‘presidentially-owned entity’ to exclude certain investment vehicles.
Prohibits the establishment of a compensation fund using taxpayer funds.
Requires that settlements made on or after January 20, 2025, comply with the bill’s restrictions.