This bill extends and makes permanent a government program that offers financial rewards to people who provide information leading to the recovery of stolen assets from foreign kleptocrats and corrupt officials. The legislation removes the word "pilot" from the program's name and eliminates the original three-year time limit, instead setting a new seven-year sunset period that would end the program in 2032. The program affects whistleblowers, informants, and anyone with knowledge of hidden corrupt assets, as well as the foreign officials whose stolen wealth the U.S. government seeks to recover. The bill does not specify new funding amounts, as it builds on the existing reward structure established under the original Kleptocracy Asset Recovery Rewards Act. This extension allows the government more time to pursue complex international corruption cases and recover assets that were illegally obtained through abuse of public office.
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