Section 1 Short title
This Act may be cited as the “Drain the Slush Fund Act”.
Drain the Slush Fund Act
A BILL
To provide for limitations on judgments, awards, and compromise settlements under section 1304 of title 31, United States Code.
Sec. 2 Judgments, awards, and compromise settlements
In general— Section 1304 of title 31, United States Code, is amended by adding at the end the following:
“(e) No judgment, award, compromise settlement, interest, or costs shall be authorized for payments that arise out of a lawsuit or claim filed by the President or Vice President.”
Applicability— This section, and the amendments made by this section, shall apply to any pending case or any cause of action arising on or after January 20, 2025.