Section 1 Short title
This Act may be cited as the “No Payouts for Political Insiders Act”.
No Payouts for Political Insiders Act
A BILL
To provide for limitations on judgments, awards, and compromise settlements under section 1304 of title 31, United States Code.
Sec. 2 Restrictions on payments pursuant to the Anti-Weaponization Fund
by adding at the end the following:
“(e) No funds shall be authorized for a judgment, award, compromise settlement, interest, or costs for payments administered under the Anti-Weaponization Fund arising pursuant to the settlement agreement in Trump v. Internal Revenue Service, No. 1:26-cv-20609 (S.D. Fla.) to:
“(1) The President.
“(2) The Vice President.
“(3) Any individual employed by the principal campaign committee, authorized committee, or a connected organization (as those terms are defined in section 301 of the Federal Election Campaign Act of 1971 (52 U.S.C. 30101)) of the President or Vice President.
“(4) Any other covered executive branch official, as defined in section 3 of the Lobbying Disclosure Act (2 U.S.C. 1602).
“(5) A United States Senator, a Representative in Congress, a Delegate to Congress, or the Resident Commissioner from Puerto Rico.
“(6) An officer or employee of the Congress whose compensation is disbursed by the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives.”
in subsection (d), by adding at the end the following:
“(7) With respect to any payment administered under the Anti-Weaponization Fund arising pursuant to the settlement agreement in Trump v. Internal Revenue Service, No. 1:26-cv-20609 (S.D. Fla.), not later than 180 days in advance of a payment, the name of the recipient, the amount, a complete summary of the basis of the claim, and the name of counsel of the claimant.”
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.