,i #aaith ,,congress #b;d ,session ,h4 ,r4 #hiad ,,in ,,the ,,house ,,of ,,representatives ,may #bj1 #bjbf,mr4 ,raskin 7for himself1 ,mr4 ,thompson of ,mississippi1 ,ms4 ,norton1 ,mr4 ,cohen1 ,mr4 ,olszewski1 ,ms4 ,balint1 and ,mr4 ,thanedar7 introduced the following bill2 which was referred to the ,committee on the ,judiciary ,a ,,bill ,to amend section #acjd of title #ca1 ,united ,states ,code to restrict payments for compromise settlements or awards4 #a4 ,short title ,this ,act may be cited as the ,no ,taxpayer-,funded ,settlement ,slush ,funds ,act of #bjbf4 #b4 ,restriction on ,federal funds in connection with ,trump1 et al4 v4 ,,irs1 et al ,no ,federal funds may be used to create or make payments to fund the compensation fund created by the settlement agreement entered into on ,may #ah1 #bjbf1 in connection with the disposition of ,trump1 et al4 v4 ,,irs1 et al41 ,civil ,action ,no4 #a3bf-;cv-#bjfji-,,kmw1 before the ,u4,s4 ,district ,court for the ,southern ,district of ,florida4 #c4 ,restriction on certain payments for compromise settlements or awards ,section #acjd of title #ca1 ,united ,states ,code1 is amended by adding at the end the following3 7e7 ,a compromise settlement or award may not be paid to-- 7#a7 the ,president or ,vice ,president2 7#b7 the parent1 spouse1 child1 or spouse of a child of the ,president or ,vice ,president2 7#c7 a presidentially-owned entity2 7#d7 any member of the cabinet2 7#e7 any individual who is employed by the ,executive ,office of the ,president who is paid at a rate of basic pay equivalent to or exceeding the ,,gs-#ae level2 7#f7 a political appointee2 and 7#g7 an individual who served in a position described under paragraph 7#d71 7#e71 or 7#f7 during the period for which the ,president who appointed such individual is in ,office1 including any period after such individual leaves such a position4 7f7 ,a compromise settlement or award may not be paid with respect to a claim alleging harm resulting from an investigation1 prosecution1 or conviction for an offense related to-- 7#a7 the ,january #f1 #bjba1 attack on the ,united ,states ,capitol2 7#b7 interference in the #bjaf presidential election by a foreign government2 or 7#c7 the same facts or circumstances as a civil action filed against the ,united ,states that was dismissed with prejudice4 7g7 7#a7 ,not later than #cj days after the date on which a payment of more than #ajj1jjj is made for a compromise settlement or award in accordance with this section1 and notwithstanding any other provision of law1 the ,secretary of the ,treasury shall report to the ,chair and ,ranking ,members of the ,committees on the ,judiciary of the ,house of ,representatives and the ,senate1 the following3 7,a7 ,the name of the plaintiff or awardee of such settlement or award4 7,b7 ,the type of judgment for which the settlement or award was made4 7,c7 ,the name of each attorney representing the plaintiff or awardee4 7,d7 ,the name of each agency involved in the claim and the name of each official approving such settlement or award4 7,e7 ,a brief description of the facts and circumstances that gave rise to the settlement or award and the authority authorizing such settlement or award4 7#b7 ,the ,secretary of the ,treasury shall provide notice to the ,committees on the ,judiciary of the ,house of ,representatives and of the ,senate prior to authorizing a payment for a compromise settlement or award in accordance with this section if that payment-- 7,a7 is of more than #bej1jjj to be made for a compromise settlement or award in accordance with this section2 or 7,b7 is to be made on the basis of imminent litigation or suit against the ,united ,states1 or against its agencies or officials upon obligations or liabilities of the ,united ,states4 7#c7 ,a payment for which a notice is required to be submitted under paragraph 7#b7 may not be made for a period of #abj days after the date on which such notice is received4 7h7 ,in the case that a compromise settlement or award is made in violation of subsection 7e7 or 7f71 the ,attorney ,general may bring a civil action against a plaintiff or awardee who received a settlement or award in violation of subsection 7e7 or 7f7 in an appropriate district court for injunctive relief and repayment of such settlement or award4 7i7 ,nothing in this section1 or an amendment made by this section1 shall be construed to prohibit ,congress from appropriating funds for a payment prohibited by this section on an individual per claim basis4 7j7 ,a settlement or award made on or after ,january #bj1 #bjbe1 7including any settlement or award entered into prior to the date of the enactment of this subsection7 shall be subject to the requirements of subsections 7e7 through 7h74 7k7 ,the ,secretary of the ,treasury may not establish a compensation fund1 or approve a payment to such a fund1 and no ,federal funds may be used by the ,secretary to so establish such a fund or approve such a payment-- 7#a7 pursuant to a compromise settlement with the ,president2 or 7#b7 if such payment would be in violation of subsection 7e7 or 7f7 if made from the ,judgment ,fund4 7l7 ,in this section-- 7#a7 the term presidentially-owned entity means a corporation1 association1 partnership1 limited liability company1 limited liability partnership1 other legal entity1 or sole proprietorship in which the ,president or ,vice ,president has an ownership stake1 except that such term does not include an entity in which more than #ajj people have an ownership stake and the ,president or ,vice ,president1 as applicable1 holds no more than five percent in a beneficial ownership stake and that-- 7,a7 issues securities registered with the ,securities and ,exchange ,commission pursuant to section #ab of the ,securities ,exchange ,act of #aicd 7#ae ,u4,s4,c4 #ghl72 7,b7 is an investment company registered pursuant to section #h of the ,investment ,company ,act of #aidj 7#ae ,u4,s4,c4 #hj;a-#h7 that does not have a stated policy of concentrating the investments of the investment company in any industry1 business1 single country other than the ,united ,states1 or bonds of a single ,state within the ,united ,states2 or 7,c7 is a unit investment trust1 as defined in section #d of the ,investment ,company ,act of #aidj 7#ae ,u4,s4,c4 #hj;a-#d7 that-- 7i7 is a regulated investment company1 as defined in section #hea of the ,internal ,revenue ,code of #aihf2 and 7ii7 does not have a stated policy of concentrating the investments of the investment company in any industry1 business1 single country other than the ,united ,states1 or bonds of a single ,state within the ,united ,states2 and 7#b7 the term political appointee shall have the meaning given such term in section #ihjc of title #e4 4