ENDING RICO ACT ABUSE ACT
SECTION I: NAME
a. This act shall be known as the Ending RICO Act Abuse Act.
SECTION II: REFORMS
a. The RICO act shall be amended to decrease the statute of limitations for crimes relied upon in establishing an organizational nexus to seven (7) years. 18 USC 1961 et seq. shall be amended accordingly.
b. The RICO act shall be amended to remove trade secrets violations, prostitution, and common law fraud actions from the definition of racketeering. 18 USC 1961 shall be amended accordingly.
c. The RICO act shall be amended to remove enterprises lacking a separate economic existence and enterprises that lack a nexus to organized crime from the definition of enterprises. 18 USC 1961 shall be amended accordingly.
SECTION III: TIMING
a. This act shall take effect immediately.
House of RepresentativesPassed in the House of Representatives 6-1-0-2X YE
People's Regional SenatePassed 4-0-0-2 in the Atlasian Senate Assembled