Summary of Amendments Submitted to the Rules Committee for H.R. 732 – Stop Settlement Slush Funds Act of 2017

Summaries Derived from Information Provided by Sponsors

Listed in Alphabetical Order

October 23, 2017 12:48 PM

Click on sponsor for amendment text

Cicilline (RI)

#6

Exempts settlements in relation to the predatory or fraudulent conduct involving residential mortgage-backed securities.

Cohen (TN)

#1

Exempts settlement agreements based on race, religion, national origin, or any other protected category.

Conyers (MI)

#7

Exempts settlements that direct funds to remedy the indirect harms of unlawful conduct resulting in an increase in the amount of lead in public drinking water.

Evans (PA)

#10

LATE Exempts settlement funds to be paid in response to a data breach by a credit reporting agency or settlements that strengthen the personal privacy of Americans.

Goodlatte (VA)

#8

LATE Prohibits Cy Pres distributions in cases where money is simply left over and the settlement contains no specific provision on its disposition and clarifies that payments made must not only be remedial but must actually go to the victims who suffered the injury.

Jackson Lee (TX)

#3

Exempts settlement agreements that pertain to providing restitution for a State.

Jackson Lee (TX)

#4

Exempts settlement agreements that resolve a civil action or potential civil action in relation to sexual harassment, violence, or discrimination in the work place.

Jayapal (WA)

#5

Exempts settlements that direct funds to faith-based and other community organizations that have been approved by the U.S. Department of Housing and Urban Development to provide assistance to current or potential homeowners, particularly for the purpose of providing foreclosure prevention assistance or instruction on avoiding predatory lending.

Johnson, Hank (GA)

#2

Exempts a settlement agreement that directs funds to remediate the indirect harms caused by the manipulation of ignition standards on automobiles.

Soto (FL)

#9

LATE Exempts settlement agreements relating to people drinking contaminated water from superfund sites in Puerto Rico.