The No Payoffs for Pardons Act would create new federal laws requiring recipients of presidential pardons or commutations to disclose any substantial payments or benefits they provided to the President, the President's family members, or the President's businesses and organizations during a specified period. Within 90 days of receiving clemency, recipients would need to file a disclosure report with the Attorney General identifying all covered benefits worth $10,000 or more, and then file annual reports for the next four years. The Attorney General would publish these reports on a public, searchable website within 30 days. The bill also expands federal bribery laws to explicitly cover executive clemency as "anything of value," making it illegal to offer or provide benefits to obtain pardons, and extends the statute of limitations for clemency-related bribery charges from five years to ten years. Recipients who knowingly fail to file required reports or file false reports face civil penalties of up to $50,000 per violation, while those who willfully violate the law can be imprisoned for up to five years and fined.
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