Stop Settlement Slush Funds Act of 2026

TL;DR (AI)

• The bill limits government officials' ability to enter into settlement agreements that direct payments to entities other than the United States, except for restitution or compensation for services rendered.
• Federal agencies are required to report annually to the Congressional Budget Office on qualifying settlement agreements, including details on parties, funding sources, and distribution.
• Violations of the limitation on donations may result in penalties equivalent to those for violating 31 U.S.C. § 3302, and must be reported by Federal agencies' Inspectors General to specified congressional committees.