In CommitteeFiled May 21, 2026
Sponsor: Rep. Calvert, Ken [R-CA-41] (R)
Latest Action
Referred to the House Committee on the Judiciary.
May 21, 2026
Summary
The bill adds mandatory minimum sentences for fraud crimes that involve at least $1 million, with longer terms for offenses over $5 million. It applies to a set of fraud statutes, including false statements and mail fraud, and also imposes fines. The intent is to impose tougher penalties on high‑value fraud to deter such conduct.
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