S. 1813 · 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.
21 cosponsors · 20 D, 1 I
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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 Senate · Nov 3, 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 (Nov 19, 2003): Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Policy area: Crime and Law Enforcement · Origin: Senate · Introduced: Nov 3, 2003
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.