Limitation on obligation of funds in certain settlement agreements

(a) In general No amounts may be obligated (including from amounts made available under section 1304 of title 31, United States Code) pursuant to any settlement agreement with a covered person in an amount equal to $50,000 or more except in accordance with this Act. (b) Trump v. Internal Revenue Service No amounts may be obligated pursuant to the settlement agreement in Trump v. Internal Revenue Service, No. 1:26-cv-20609 (S.D. Fla.). (c) Covered person defined For purposes of this Act, the term covered person means— (1) the President; (2) the Vice President; (3) a cabinet official; (4) any parent, spouse, child, or spouse of a child of a person described in paragraph (1), (2), or (3); (5) a political appointee; or (6) any person who was convicted of a criminal offense in relation to the events of January 6, 2021, occurring at the United States Capitol.