Published by The Museum of Contemporary Art, Los Angeles, 2018, unpaginated (colour & b/w ill.), 28 × 21.6 cm, English
Price: €8.83 (Out of stock)
2017 Equitable Sharing payments by state.
The Department of the Treasury Equitable Sharing Program allows law enforcement agencies to contribute cash and assets to the Federal Treasury Forfeiture Fund. The primary purpose of the Treasury Forfeiture Fund is to administer federal auctions of these assets and distribute the proceeds from the auctions. Participating agencies receive up to 80% of the cash and the proceeds from the sale of assets they contribute. In states that restrict the forfeiture revenue directed to the seizing agency, police departments are incentivized to participate in the federal program.
The 2017 average revenue from sales proceeds from property seized and auctioned for each participating agency was $57,967. The 2017 average revenue from cash forfeiture for each participating agency was $71,959.
Through the widespread targeting of low-value assets, the Equitable Sharing Program generated a total of $84,283,266 in sales proceeds and $211,277,289 in cash seizures for police.