H.R. 7195 · 117th Congress
To provide for certain whistleblower incentives and protections.
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
AdamsSponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill revises the management of whistleblower incentive awards for individuals providing original information relating to illegal monetary transactions, money laundering, or other financial crimes. Specifically, the bill establishes a minimum award for whistleblowers of not less than 10 percent of the collected monetary sanctions.
What it does: CRS summary · Reported to House · Jul 20, 2022
This bill revises the management of whistleblower incentive awards for individuals providing original information relating to illegal monetary transactions, money laundering, or other financial crimes. Specifically, the bill establishes a minimum award for whistleblowers of not less than 10 percent of the collected monetary sanctions.
Further, the bill establishes the Financial Integrity Fund for the payment of such awards. The fund is comprised of collected monetary sanctions and investments of the fund.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To provide for certain whistleblower incentives and protections.
Latest action (Jul 20, 2022): Placed on the Union Calendar, Calendar No. 329.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Mar 24, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.