This bill establishes limitations on the obligation of funds for certain settlement agreements. It prohibits the obligation of $50,000 or more in funds for agreements involving a "covered person" without adhering to new requirements, and explicitly bans any obligation for the Trump v. Internal Revenue Service settlement. A "covered person" includes the President, Vice President, cabinet officials, their immediate family members, political appointees, and any person convicted of a criminal offense related to the January 6, 2021, events at the U.S. Capitol. For other covered settlement agreements of $50,000 or more, the Attorney General must submit a detailed report to Congress 90 days prior to the obligation, including claims, payments, legal justification, and a certification from the Department of Justice Inspector General that the agreement is lawful and ethical. Additionally, the Comptroller General is mandated to conduct a study within 90 days of enactment, examining whether any obligations or expenditures related to the Trump v. Internal Revenue Service settlement comply with appropriations law.