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Congressional Research Service
Version 00 · Introduced in Senate · Mar 12, 2020
Edith Shorougian Senior Victims of Fraud Compensation Act
This bill adds a new source of revenue for the Crime Victims Fund and expands the allowable use of victim compensation grant funds.
Specifically, the bill directs any monetary payment made to the federal government as a fine or penalty under a deferred prosecution agreement, non-prosecution agreement, or other settlement agreement in relation to an alleged criminal act to be deposited into the fund.
Additionally, the bill allows victim compensation grant funds to be used to compensate elderly victims for property loss resulting from financial fraud, abuse, or exploitation. Currently, victim compensation grant funds may not be used to compensation for property loss (with limited exceptions). An elderly victim is a victim who is at least 60 years of age.
People & committees
Sen. Baldwin, Tammy [D-WI] · D–WI
Legislative record
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Read twice and referred to the Committee on the Judiciary.
Introduced in Senate
Primary sources
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Source last updated: Aug 10, 2026. Consult Congress.gov for the current record.
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Analyze S.3487 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
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