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Financial Whistleblower Awards and Protections Act

This act modifies the system for rewarding individuals who report financial misconduct. Whistleblowers who voluntarily provide original information leading to successful enforcement of financial penalties can receive an award ranging from 10% to 30% of the collected monetary sanctions. This aims to encourage citizens to report serious legal violations, potentially leading to greater transparency and integrity in public finance.
Key points
Whistleblowers can receive monetary awards for reporting financial crimes.
Awards range from 10% to 30% of collected monetary sanctions.
A dedicated fund (Financial Integrity Fund) is established for award payments.
The act covers reports related to international economic powers and trading with the enemy, among others.
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Expired
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Additional Information
Print number: 117_HR_7195
Sponsor: Rep. Adams, Alma S. [D-NC-12]
Process start date: 2022-03-24
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To provide for certain whistleblower incentives and protections.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_7195.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-03-24.

What are the main provisions?

Key points include:

  • Whistleblowers can receive monetary awards for reporting financial crimes.
  • Awards range from 10% to 30% of collected monetary sanctions.
  • A dedicated fund (Financial Integrity Fund) is established for award payments.
  • The act covers reports related to international economic powers and trading with the enemy, among others.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Adams, Alma S. [D-NC-12].

What is the latest detailed status?

The latest detailed status is: Placed on the Union Calendar, Calendar No. 329.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Courts and Law Economy