Fight Fraud Act of 2009
Latest action · May 4, 2009 Placed on the Union Calendar, Calendar No. 43.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 26, 2009
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Fight Fraud Act of 2009 - (Sec. 2) Amends the federal criminal code to include within the definition of "financial institution" a mortgage lending business or any person or entity that makes, in whole or in part, a federally related mortgage loan. Defines "mortgage lending business" as an organization that finances or refinances any debt secured by an interest in real estate, including private mortgage companies and their subsidiaries, and whose activities affect interstate or foreign commerce.
Extends the prohibition against making false statements in a mortgage application to employees and agents of a mortgage lending business.
Applies the prohibition against defrauding the federal government to fraudulent activities involving the Troubled Asset Relief Program (TARP) or a federal economic stimulus, recovery, or rescue plan.
Expands securities fraud provisions to cover fraud involving options and futures in commodities.
(Sec. 3) Authorizes appropriations to the Attorney General for FY2010-FY2011 for investigations, prosecutions, and civil proceedings involving federal assistance programs and financial institutions. Allocates such funds among various departments of the Department of Justice (DOJ).
Authorizes additional appropriations to the U.S. Postal Service, the Inspector General for the Department of Housing and Urban Development (HUD), and the U.S. Secret Service for FY2010-FY2011 for similar investigations.
Requires the Attorney General to report to Congress on amounts expended for fraud investigations and prosecutions and on amounts recovered from criminal or civil restitution, fines, penalties relating to such investigations and prosecutions.
(Sec. 4) Authorizes the Attorney General to award grants to states and Indian tribes to establish and develop programs for enforcement against mortgage fraud, securities and commodities fraud, and financial institution fraud, including enforcement against the use of computers use to commit such fraud. Sets forth requirements for grant applications and the use of grant funds.
Authorizes appropriations for FY2010-FY2011.
(Sec. 5) Amends the Omnibus Crime Control and Safe Streets Act of 1968 to authorize the Attorney General to award grants and enter into contracts with state and local criminal justice agencies and nonprofit organizations to improve the detection, investigation, and prosecution of covered criminal activities. Defines "covered criminal activity" as a criminal conspiracy or activity or a terrorist conspiracy or activity that spans jurisdictional boundaries, including: (1) terrorism; (2) economic crime, including financial fraud and mortgage fraud; and (3) high-tech crime, including Internet-based crime against children and child pornography.
Authorizes appropriations for FY2010-FY2015.
Cosponsors 8
Members who signed on, in the order they did. Signatures ran from Mar 26, 2009 to Apr 30, 2009, with 4 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MA | Bill Delahunt | Original | Mar 26, 2009 |
| R-IL | Judy Biggert | Original | Mar 26, 2009 |
| R-TX | Lamar Smith | Original | Mar 26, 2009 |
| D-TX | Sheila Jackson Lee | Original | Mar 26, 2009 |
| D-TX | Charles A. Gonzalez | Apr 22, 2009 | |
| D-KS | Dennis Moore | Apr 23, 2009 | |
| D-MN | Timothy J. Walz | Apr 23, 2009 | |
| D-CA | Brad Sherman | Apr 30, 2009 |
Actions 12
Everything that happened, newest first.
- May 4, 2009Committee on Financial Services discharged.
- May 4, 2009Committee on Oversight and Government discharged.
- May 4, 2009Placed on the Union Calendar, Calendar No. 43.
- May 4, 2009Reported (Amended) by the Committee on Judiciary. H. Rept. 111-95, Part I.
- Apr 28, 2009Committee Consideration and Mark-up Session Held.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 386 | FERA | Related bill | May 20, 2009 |
Subjects
Assigned by the Library of Congress. Policy area: Crime and Law Enforcement.
- Bank accounts, deposits, capital
- Civil actions and liability
- Computer security and identity theft
- Crime and Law Enforcement
- Crimes against children
- Criminal investigation, prosecution, interrogation
- Department of Housing and Urban Development
- Department of Justice
- Department of the Treasury
- Executive agency funding and structure
- Financial crises and stabilization
- Fraud offenses and financial crimes
- Housing finance and home ownership
- Law enforcement administration and funding
- Pornography
- Postal service
- Securities
- Sex offenses
- Terrorism
- White-collar crime
Text 2
Each version as it was printed, newest first.
- May 4, 2009Reported in House
- Mar 26, 2009Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.