Definition

In this Act, the term covered payment means any portion of any monetary settlement, administrative award, including an award made under section 2672 of title 28, United States Code, or a court-ordered judgment— (1) paid from the United States Treasury or in accordance with section 1304 of title 31, United States Code; (2) paid to an individual when they served as President; (3) that would not have been paid but for the individual holding the status, authority, or duties associated with their position as President; and (4) relating to an administrative claim filed or settlement reached on or after January 20, 2025.