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Stop Settlement Slush Funds Act of 2023

Source: Congress.gov  ·  780 words in original text
This bill restricts government officials from requiring payments to organizations outside the U.S. government as part of settlement agreements (agreements that resolve legal disputes). The only exceptions are payments that directly fix actual harm caused by the party paying or payments for services related to the case.
Federal government officials and agents who negotiate settlement agreements on behalf of the United States.
• Government officials cannot enter into or enforce settlement agreements that direct money to people or organizations outside the U.S. government, except for restitution (compensation for harm) or payment for services, (Sec. 2(a)) • Officials who violate this rule face the same penalties as violations of federal law regarding improper government payments, (Sec. 2(b)) • Each federal agency must report annually to the Congressional Budget Office about settlement agreements that direct payments outside the U.S. government, including who received the money and how it was distributed, (Sec. 2(e)(1)) • The Inspector General (government watchdog) of each federal agency must report annually to Congress about any settlement agreements that violate this law, and make those reports publicly available, (Sec. 2(f)(1))
The bill prohibits a practice where settlement agreements require defendants to donate money to third-party organizations instead of paying the U.S. government directly. Government agencies must now track and report these settlement agreements to Congress and make audit reports public.
Settlement agreement: A settlement agreement that resolves a civil action (lawsuit) or potential civil action, (Sec. 2(d))
The restrictions apply only to settlement agreements entered after the date this bill becomes law, (Sec. 2(c)). The reporting requirement begins at the end of the first fiscal year after the bill is enacted, (Sec. 2(e)(1)). The reporting requirement ends seven years after the bill is enacted, (Sec. 2(e)(3)).
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.