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Congress·Reported·H.R. 5344

Kleptocracy Asset Recovery Rewards Program Act

Rewards for Reporting Foreign Corruption

5 months ago·View on Congress.gov·Read full text

Legislative Progress

House
Senate
President
Law

Key Points

  • This bill extends a federal program that pays rewards to people who provide information about money stolen by corrupt foreign government officials. It moves the program out of its experimental phase and makes it a more stable part of U.S. law.
  • The program targets "kleptocracy," which is when leaders use their power to steal their country's wealth. The U.S. uses tips from whistleblowers to find and seize assets like expensive real estate, private jets, or hidden bank accounts bought with stolen money.
  • Under this new plan, the program would be authorized to run for another seven years. This gives law enforcement a long-term tool to track down complicated international money-laundering schemes that often take years to solve.
  • By offering financial incentives to people who speak up, the government aims to uncover corruption that would otherwise stay hidden. This helps ensure that stolen money can be identified and kept out of the U.S. financial system.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

3 milestones6 actions
Nov 4, 2025House

Placed on the Union Calendar, Calendar No. 322.

The bill is now on the schedule for the full chamber to consider. It's in line for debate and a vote.

Nov 4, 2025House

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-370.

Sep 16, 2025House

Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0.

The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.

Sep 16, 2025House

Committee Consideration and Mark-up Session Held

Sep 15, 2025House

Referred to the House Committee on Financial Services.

Votes

No votes have been recorded for this legislation yet.

News

No related news coverage found for this legislation yet.

Related Bills

No related bills have been identified yet.

Source Information

Document Type

Congressional Bill

Official Title

Kleptocracy Asset Recovery Rewards Program Act

Bill NumberHR 5344
Congress119th Congress
ChamberHouse of Representatives
Latest ActionPlaced on the Union Calendar, Calendar No. 322.
Read Full Bill Text

Sponsor

Cosponsors

(1)
R: 1

Analysis generated by AI. Always verify with official sources.