119 S4645 IS: No Payouts for Political Insiders Act U.S. Senate 2026-06-01 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II119th CONGRESS2d SessionS. 4645IN THE SENATE OF THE UNITED STATESJune 1, 2026Mr. Schiff (for himself and Mr. Kelly) introduced the following bill; which was read twice and referred to the Committee on the JudiciaryA BILLTo provide for limitations on judgments, awards, and compromise settlements under section 1304 of title 31, United States Code.

1.

Short title

This Act may be cited as the No Payouts for Political Insiders Act.

2.

Restrictions on payments pursuant to the Anti-Weaponization Fund

(a)

In general

Section 1304 of title 31, United States Code, is amended—(1)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.; and(2)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..(b)

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.