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FAIR Act of 2026
Last updated: 2/20/2026 · Introduced: 2/20/2026
Author: Tim Walberg (R-MI)
TL;DR (AI)
- The bill raises the standard of proof required for forfeiture to 'clear and convincing evidence' in certain cases and clarifies the government's burden of proof regarding innocent ownership.
- It significantly alters nonjudicial forfeiture procedures, prohibiting federal agencies from conducting them and requiring all forfeitures to occur through judicial processes.
- The bill revises procedures for handling forfeited property, requiring proceeds to be forwarded to the General Fund of the Treasury and adding a 'knowingly' requirement to certain monetary instrument transaction subsections.
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Other Sections
Includes provisions on preamble, short title., and 6 more.
8 sections
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