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H.R. 3673 · 108th Congress

War Profiteering Prevention Act of 2003

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

RED EmanuelSponsor
57 cosponsors · 56 D, 1 I

War Profiteering Prevention Act of 2003 - Amends the Federal criminal code to prohibit profiteering and fraud involving a contract or the provision of goods or services in connection with the war, military action, or relief or reconstruction efforts in Iraq (including making materially false statements or representations or materially overvaluing any good…

What it does: CRS summary · Introduced in House · Dec 8, 2003

War Profiteering Prevention Act of 2003 - Amends the Federal criminal code to prohibit profiteering and fraud involving a contract or the provision of goods or services in connection with the war, military action, or relief or reconstruction efforts in Iraq (including making materially false statements or representations or materially overvaluing any good or service with the specific intent to make excessive profit). Sets penalties for violations, including up to 20 years imprisonment and a fine of the greater of $1 million or twice the gross profits or other proceeds. Subjects: (1) any property which constitutes or is derived from proceeds traceable to a violation to civil and criminal forfeiture; and (2) transactions involving such property or proceeds to money laundering provisions.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: War Profiteering Prevention Act of 2003

Latest action (Jan 15, 2004): Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.

Policy area: Crime and Law Enforcement · Origin: House · Introduced: Dec 8, 2003

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.