What does Preamble of Ban Presidential Plunder of Taxpayer Funds Act do?

This bill proposes to amend title 28, United States Code. The proposed amendment aims to prohibit Presidents and Vice Presidents from receiving damages payments from the United States. The bill's stated purpose is 'to prohibit Presidents and Vice Presidents from receiving damages payments from the United States, and for other purposes.'

What does SHORT TITLE. of Ban Presidential Plunder of Taxpayer Funds Act do?

This bill is formally titled the Ban Presidential Plunder of Taxpayer Funds Act.

What does SETTLEMENT PAYMENTS. of Ban Presidential Plunder of Taxpayer Funds Act do?

This section amends Chapter 161 of Title 28, United States Code, by adding Section 2417, which establishes rules for payments to current and former Presidents and Vice Presidents. The term 'covered individual' includes the President, Vice President, former Presidents whose former Vice President is President, and their spouses or dependent children. Covered individuals are generally prohibited from recovering payments from the United States through settlements, consent decrees, or similar arrangements. Courts awarding damages to covered individuals in civil actions against the United States must appoint an independent counsel and require agency cooperation. After leaving office, former Presidents and Vice Presidents can file claims against the United States, but specific procedures regarding expert review, transparency, and congressional notification are required. Violations of the restrictions on covered individuals obtaining settlement payments can result in disgorgement, civil penalties, and imprisonment.

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Ban Presidential Plunder of Taxpayer Funds Act

Last updated: 4/15/2026 · Introduced: 4/15/2026

Author: Elizabeth Warren (D-MA)

TL;DR (AI)

This bill prohibits current and former Presidents and Vice Presidents, along with their spouses and dependent children, from receiving settlement payments from the United States.
Former Presidents and Vice Presidents can still file claims against the U.S., but must adhere to specific procedures including expert review, transparency, and congressional notification.
Violations of the restrictions on settlement payments for covered individuals can result in financial penalties and imprisonment.

119th Congressin committeeHR. 8309(In Committee)Official page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

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