S 3487 116th Congress Senate Crime and Law Enforcement Aging Crime victims Criminal investigation, prosecution, interrogation Criminal procedure and sentencing Fraud offenses and financial crimes Government trust funds Law enforcement administration and funding

Edith Shorougian Senior Victims of Fraud Compensation Act

Introduced: March 12, 2020 Introduced by: Baldwin, Tammy Democratic · Wisconsin See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 12, 2020

Read twice and referred to the Committee on the Judiciary.

Mar 12, 2020

Introduced in Senate

Plain-English summary Congressional Research Service

Edith Shorougian Senior Victims of Fraud Compensation Act

This bill adds a new source of revenue for the Crime Victims Fund and expands the allowable use of victim compensation grant funds.

Specifically, the bill directs any monetary payment made to the federal government as a fine or penalty under a deferred prosecution agreement, non-prosecution agreement, or other settlement agreement in relation to an alleged criminal act to be deposited into the fund.

Additionally, the bill allows victim compensation grant funds to be used to compensate elderly victims for property loss resulting from financial fraud, abuse, or exploitation. Currently, victim compensation grant funds may not be used to compensation for property loss (with limited exceptions). An elderly victim is a victim who is at least 60 years of age.

What's happening now March 12, 2020

Read twice and referred to the Committee on the Judiciary.

Committees of jurisdiction 1