S 4691
Safeguarding Awards for Victims and Enforcement Settlements Act of 2020
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Bill overview
This bill, the Safeguarding Awards for Victims and Enforcement Settlements Act of 2020, limits how the United States government can use settlement money. Generally, the U.S. cannot provide payments or loans to individuals or entities other than itself as part of a settlement agreement. However, there are exceptions for payments intended to directly remedy harm caused by the paying party, payments for services related to the case, and certain specific types of agreements like those involving foreign corruption or coordinated enforcement actions. The bill also addresses how remaining settlement funds should be distributed and requires agencies to report on settlement agreements.
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