This legislation aims to overhaul federal civil asset forfeiture procedures, significantly enhancing protections for property owners. It eliminaates nonjudicial forfeiture , mandating that all property forfeitures must now proceed through a judicial process in a United States district court, ensuring greater oversight and due process. The bill substantially increases the government's burden of proof in civil forfeiture cases to clear and convincing evidence for establishing a property's connection to an offense and the owner's intent or knowledge. It also shifts the burden to the government to prove a claimant is not an innocent owner and expands the right to court-appointed counsel for financially unable individuals. To remove financial incentives for law enforcement, the bill redirects all proceeds from forfeited property to the General Fund of the Treasury instead of allowing seizing agencies to retain these funds. It also amends laws related to structuring transactions, adding a "knowingly" standard for offenses and requiring a probable cause hearing within 14 days for related property seizures. Additionally, the legislation revises factors courts must consider for forfeiture proportionality, including offense seriousness and owner hardship, and mandates more detailed reporting on forfeiture funds, with these amendments applying to all civil forfeiture proceedings pending or filed after enactment, and to all amounts received from forfeiture thereafter.