Forfeiture Funds Expenditure Transparency Act

Forfeiture Funds Expenditure Transparency Act

This bill requires state and local law enforcement agencies that receive forfeited property or funds from the federal government through equitable sharing to report the details of each receipt of property or funds and the activity to which it was directed.

Bill 118 hr 2595, also known as the Forfeiture Funds Expenditure Transparency Act, aims to increase transparency and accountability in the use of forfeiture funds by law enforcement agencies. Forfeiture funds are assets seized by law enforcement during criminal investigations, often used to fund law enforcement activities.

The bill requires law enforcement agencies to report detailed information on how forfeiture funds are spent, including the amount of funds received, the sources of the funds, and how the funds were used. This information must be made publicly available on the agency's website.

Additionally, the bill prohibits the use of forfeiture funds for certain expenses, such as salaries, bonuses, or other compensation for law enforcement personnel. It also requires agencies to submit annual reports to Congress detailing their use of forfeiture funds. Overall, the Forfeiture Funds Expenditure Transparency Act aims to ensure that forfeiture funds are used in a transparent and accountable manner, and that law enforcement agencies are held responsible for how they spend these funds.