Forfeiture Funds Expenditure Transparency Act

HR 2595, the Forfeiture Funds Expenditure Transparency Act, requires state and local law enforcement agencies to publicly report how they spend money and property seized through drug and criminal forfeitures. The bill mandates that agencies submit detailed reports to Congress every six months, starting January 1, 2024, showing each receipt of funds and how they were used for specific law enforcement activities. It applies to agencies receiving funds under federal forfeiture laws related to controlled substances (21 U.S.C. §881) and civil forfeitures (18 U.S.C. §981). The key provision is creating a standardized reporting system to increase transparency about the use of forfeiture funds, directly affecting state and local law enforcement agencies that handle such assets.