A bill to improve the effectiveness of criminal forfeiture, and for other purposes.
Criminal Forfeiture Amendments Act of 1981 - Amends the Racketeer Influenced and Corrupt Organizations Act (RICO) and the Continuing Criminal Enterprise statute (CCE) to subject to criminal forfeiture all profits and proceeds acquired indirectly or directly from illegal enterprises or from continuing narcotics enterprises. Authorizes the court to direct the forfeiture of other assets of a defendant, to the extent that such proceeds cannot be located or are otherwise beyond Federal jurisdiction. Permits the court to authorize redemption of such assets upon surrender of the original proceeds.
Subcommittee Hearings Held.
Referred to Subcommittee on Health and the Environment.
Introduced in Senate
Read second time and referred to Senate Committee on Judiciary.
Referred to Subcommittee on Criminal Law.
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