About the bill
H.R. 732 would prohibit government officials from entering into or enforcing any settlement agreement for civil or criminal actions on behalf of the United States if that agreement requires a party to the settlement to make a donation to a non-victim third party. That prohibition would not include payments to provide restitution that directly remedies actual harm caused by the defendant, including harm to the environment.
In the 2013 JP Morgan settlement with DOJ, the bank was offered credit against its settlement obligations for donations to community redevelopment groups. The Citi and Bank of America settlements in 2014 required $150 million in donations to housing non-profits. These donations earned double credit against the banks’ overall obligations. Meanwhile, credit for direct forms of consumer relief remained dollar-for-dollar.
According to the ...
Sponsor and status
Sponsor. Representative for Virginia's 6th congressional district. Republican.
Last Updated: Oct 25, 2017
Length: 5 pages
115th Congress (2017–2019)
This bill was introduced in a previous session of Congress and was passed by the House on October 24, 2017 but was never passed by the Senate.
What legislators are saying
“House Passes Goodlatte Bill to Halt Settlement Slush Funds”
— Rep. Bob Goodlatte [R-VA6, 1993-2018] (Sponsor) on Oct 25, 2017
“Collins Helps Pass Stop Settlement Slush Funds Act”
— Rep. Doug Collins [R-GA9] (Co-sponsor) on Oct 24, 2017
Sep 7, 2016
Earlier Version — Passed House (Senate next)
This activity took place on a related bill, H.R. 5063 (114th).
Jan 30, 2017
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Feb 7, 2017
Considered by House Committee on the Judiciary
A committee held a hearing or business meeting about the bill.
Mar 30, 2017
A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee. The House Committee on the Judiciary issued the report which may provide insight into the purpose of the legislation.
Oct 24, 2017
Passed House (Senate next)
The bill was passed in a vote in the House. It goes to the Senate next.
H.R. 732 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 732. This is the one from the 115th Congress.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2020). H.R. 732 — 115th Congress: Stop Settlement Slush Funds Act of 2017. Retrieved from https://www.govtrack.us/congress/bills/115/hr732
“H.R. 732 — 115th Congress: Stop Settlement Slush Funds Act of 2017.” www.GovTrack.us. 2017. September 25, 2020 <https://www.govtrack.us/congress/bills/115/hr732>
Stop Settlement Slush Funds Act of 2017, H.R. 732, 115th Cong..
|title=H.R. 732 (115th)
|accessdate=September 25, 2020
|author=115th Congress (2017)
|date=January 30, 2017
|quote=Stop Settlement Slush Funds Act of 2017
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.