To provide for certain whistleblower incentives and protections.
USA117th CongressHR-7195| House
| Updated: 7/20/2022
Alma S. Adams
Democratic Representative
North Carolina
Cosponsors (1)
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 329.
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-423.
Finance and Financial Sector
Employment discrimination and employee rightsEvidence and witnessesFraud offenses and financial crimesGovernment employee pay, benefits, personnel managementGovernment ethics and transparency, public corruptionGovernment information and archivesGovernment trust funds
To provide for certain whistleblower incentives and protections.
USA117th CongressHR-7195| House
| Updated: 7/20/2022
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.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 329.
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-423.
Alma S. Adams
Democratic Representative
North Carolina
Cosponsors (1)
Financial Services Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Employment discrimination and employee rightsEvidence and witnessesFraud offenses and financial crimesGovernment employee pay, benefits, personnel managementGovernment ethics and transparency, public corruptionGovernment information and archivesGovernment trust funds