What does Preamble of No Taxpayer Bailouts for Insurrectionists Act of 2026 do?

This bill aims to limit obligation of funds in certain settlement agreements.

What does SHORT TITLE. of No Taxpayer Bailouts for Insurrectionists Act of 2026 do?

This bill is formally titled the No Taxpayer Bailouts for Insurrectionists Act of 2026

What does LIMITATION ON OBLIGATION OF FUNDS IN CERTAIN SETTLEMENT of No Taxpayer Bailouts for Insurrectionists Act of 2026 do?

This section limits the obligation of federal funds in settlement agreements with 'covered persons'. Obligations of $50,000 or more require compliance with this Act. The settlement agreement in Trump v. Internal Revenue Service is specifically addressed by this limitation. A 'covered person' includes the President, Vice President, cabinet officials, their family members, political appointees, and individuals convicted of crimes related to the January 6, 2021, Capitol events.

What does REPORTING REQUIREMENT. of No Taxpayer Bailouts for Insurrectionists Act of 2026 do?

This section establishes a reporting requirement for settlement agreements. Obligations of $50,000 or more require a report to Congress before being made. The report must include details of each claim and payment under the settlement agreement. The report must also include the legal justification for the settlement agreement. A certification from the Department of Justice's Inspector General is required, confirming the agreement's legality and ethical compliance.

What does GAO STUDY. of No Taxpayer Bailouts for Insurrectionists Act of 2026 do?

The Comptroller General must complete a study within 90 days of enactment. The study examines compensation fund expenditures for accordance with appropriations law. A report on the study will be submitted to Congress.

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No Taxpayer Bailouts for Insurrectionists Act of 2026

Last updated: 6/3/2026 · Introduced: 6/3/2026

Author: Dina Titus (D-NV)

TL;DR (AI)

This bill restricts the use of federal funds in settlement agreements involving individuals convicted of crimes related to the January 6, 2021, Capitol events, as well as high-ranking government officials and their families.
Settlement agreements with obligations exceeding $50,000 require a report to Congress detailing claims, payments, and legal justification, certified by the Department of Justice's Inspector General.
The Government Accountability Office (GAO) will conduct a study to assess whether compensation fund expenditures comply with appropriations law and submit a report to Congress within 90 days of enactment.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 3 more.

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