To amend section 1304 of title 31, United States Code to restrict payments for compromise settlements or awards.
[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8914 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8914 To amend section 1304 of title 31, United States Code to restrict payments for compromise settlements or awards. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 20, 2026 Mr. Raskin (for himself, Mr. Thompson of Mississippi, Ms. Norton, Mr. Cohen, Mr. Olszewski, Ms. Balint, and Mr. Thanedar) introduced the following bill; which was referred to the Committee on the Judiciary _______________________________________________________________________ A BILL To amend section 1304 of title 31, United States Code to restrict payments for compromise settlements or awards. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``No Taxpayer-Funded Settlement Slush Funds Act of 2026''. SEC. 2. RESTRICTION ON FEDERAL FUNDS IN CONNECTION WITH TRUMP, ET AL. V. IRS, 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 18, 2026, in connection with the disposition of Trump, et al. v. IRS, et al., Civil Action No. 1:26-cv-20609-KMW, before the U.S. District Court for the Southern District of Florida. SEC. 3. RESTRICTION ON CERTAIN PAYMENTS FOR COMPROMISE SETTLEMENTS OR AWARDS. Section 1304 of title 31, United States Code, is amended by adding at the end the following: ``(e) A compromise settlement or award may not be paid to-- ``(1) the President or Vice President; ``(2) the parent, spouse, child, or spouse of a child of the President or Vice President; ``(3) a presidentially-owned entity; ``(4) any member of the cabinet; ``(5) 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
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