Judgment Fund Transparency and Terrorism Financing Prevention Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jul 14, 2016)
Judgment Fund Transparency and Terrorism Financing Prevention Act
This bill requires the Department of the Treasury to disclose details after payments are made from the Judgment Fund. (The Judgment Fund is a permanent and indefinite appropriation to pay judgments against the United States.)
Unless the disclosure is prohibited by law or a court order, Treasury must disclose to the public on a website:
- the agency or entity whose actions gave rise to the claim or judgment,
- the plaintiff or claimant,
- the counsel for the plaintiff or claimant,
- the amount paid,
- a description of the facts that gave rise to the claim, and
- the agency that submitted the claim.
If the payment is made to a foreign state, Treasury must also disclose:
- the method of payment;
- the currency denomination used for the payment; and
- the name and location of each financial institution owned or controlled by a foreign state or an agent of a foreign state through which the payment passed, from which the payment was withdrawn, or that is holding the payment.
No payments from the fund may be made to a state sponsor of terrorism.
What just happenedJul 14, 2016
Read twice and referred to the Committee on the Judiciary.
Who’s behind it
- Introduced in SenateJul 14, 2016
- Jul 14, 2016IntroReferral
Read twice and referred to the Committee on the Judiciary.
Judiciary Committee - Jul 14, 2016IntroReferral10000
Introduced in Senate