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Bill117th CongressFiled Mar 24, 2022Finance and Financial Sector
H.R. 7195

To provide for certain whistleblower incentives and protections.

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary 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.

What just happenedJul 20, 2022

Placed on the Union Calendar, Calendar No. 329.

Who’s behind it

Rep. Adams, Alma S. [D-NC-12](D-NC)Sponsor
1 cosponsor1 R
Read on Congress.gov
1cosponsors1committees8actions1related bills7subjects
  1. Jul 20, 2022CalendarsH12410

    Placed on the Union Calendar, Calendar No. 329.

  2. Jul 20, 2022CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 117-423.

    Financial Services Committee
  3. Jul 20, 2022Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 117-423.

    Financial Services Committee
  4. Jun 22, 2022Committee

    Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.

    Financial Services Committee
  5. Jun 22, 2022Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  6. Mar 24, 2022IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  7. Mar 24, 2022IntroReferralIntro-H

    Introduced in House

  8. Mar 24, 2022IntroReferral1000

    Introduced in House

Reported to HouseJul 20, 20227

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.

Introduced in HouseMar 24, 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.

To provide for certain whistleblower incentives and protections. — Informed