Section 1 Short title
This Act may be cited as the “No Fortune for Fraud Act”.
No Fortune for Fraud Act
A BILL
To prohibit Members of the House of Representatives who are convicted of offenses involving financial or campaign finance fraud from receiving compensation for biographies, media appearances, or expressive or creative works, and for other purposes.
Sec. 2 Prohibiting Members of House of Representatives convicted for financial or campaign finance offenses from receiving compensation for biographies, media appearances, or expressive or creative works
Prohibition— A Member of the House of Representatives who is finally convicted of an offense described in subsection (b) may not, when serving as a Member or at any time after serving as a Member, receive compensation, or enter into an agreement to receive compensation, for a biography, media appearance, or an expressive or creative work.
Offenses described— An offense described in this paragraph is—
any offense described in subparagraph (B) of section 8332(o)(2) of title 5, United States Code, without regard to whether the offense is described in subparagraph (A) of such section; or
any offense which is based on a violation of the Federal Election Campaign Act of 1971 (52 U.S.C. 30101 et seq.).
Penalty— An individual who violates subsection (a) shall be subject to a civil money penalty of not to exceed $10,000,000 for each such violation.
Definition— In this Act, the term Member of the House of Representatives includes a Delegate or Resident Commissioner to the Congress.