Asset Forfeiture Act of 1993

Summary

Asset Forfeiture Act of 1993 - Amends the Federal criminal code to provide for the criminal and civil forfeiture of the proceeds of mail and wire fraud. 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: (1) procedures for the seizure of property subject to forfeiture; and (2) procedures and rules for the disposition of forfeited property (first making due provision for the rights of any innocent persons).

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

Timeline

1. 5 January 1993

   Introduced

   Referred to the House Committee on Judiciary.

   Source: IntroReferral

2. 5 January 1993

   Introduced

   Introduced in House

   Source: IntroReferral

3. 5 January 1993

   Introduced

   Introduced in House

   Source: IntroReferral

4. 10 February 1993

   Referred

   Referred to the Subcommittee on Crime and Criminal Justice.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 5 January 1993 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 5 January 1993

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 5 January 1993

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 5 January 1993

  Open at official source

Sponsors

• Rep. McCollum, Bill [R-FL-5] · R · Sponsor
• · hsju00 · Standing

Related records

No cross-record relationships stored yet.