Sponsors (2)
The bill preserves and strengthens short‑to‑mid‑term asset‑recovery efforts by extending reward authority for seven years, at the cost of modest additional federal spending and deferred resolution of the program's long‑term status.
Law enforcement, the Department of the Treasury, and related contractors can continue offering rewards for information on kleptocratic assets for seven more years, providing continuity for ongoing asset‑recovery investigations and improving chances of recovering stolen assets for the American public.
Extending the rewards program authority for seven years will likely increase federal expenditures for rewards and program administration, imposing additional costs on taxpayers.
A seven‑year sunset postpones a permanent legislative decision and creates future uncertainty about whether the program will continue beyond that date, complicating long‑term planning for investigations and contractors supporting asset recovery efforts.
Based on analysis of 2 sections of legislative text.
Renames the existing asset recovery "Pilot" to a "Program," removes the 3-year pilot reference, and sets a new 7-year statutory sunset.
Introduced September 15, 2025 by Stephen F. Lynch · Last progress September 15, 2025
Renames the existing Kleptocracy Asset Recovery Rewards Pilot Program by removing the “Pilot” designation, eliminates the prior 3-year pilot reference, and replaces it with a new statutory sunset that ends the authority seven years after enactment. The bill also updates two tables of contents entries to reflect the program name change and does not create new agencies, funding, or other new programmatic requirements.