Fraud Victims Restitution Act of 1989

Summary

Fraud Victims Restitution Act of 1989 - Amends the Federal criminal code to provide for the criminal and civil forfeiture of the proceeds of mail and wire fraud violations. Makes the forfeiture procedures of the Controlled Substances Act applicable to forfeitures under this Act. Permits courts to order the forfeiture of substitute assets if the property subject to forfeiture under this Act: (1) cannot be located; (2) has been transferred to a third party; (3) has been placed beyond the jurisdiction of the court; (4) has been substantially diminished in value; or (5) has been commingled with other property. Sets forth procedures for the seizure of property subject to forfeiture. Sets forth procedures and rules for the disposition of forfeited property (first making the property and proceeds available to reimburse the victims).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 25 April 1989

   Introduced

   Referred to the House Committee on Judiciary.

   Source: IntroReferral

2. 25 April 1989

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 April 1989

   Introduced

   Introduced in House

   Source: IntroReferral

4. 6 June 1989

   Referred

   Referred to the Subcommittee on Crime.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · undated · Official file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 25 April 1989

  Open at official source

Sponsors

• Rep. Pepper, Claude [D-FL-14] · D · Sponsor
• · hsju00 · Standing

Related records

No cross-record relationships stored yet.