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Whistleblower Awards for COVID-19 Loan Fraud

This act establishes an Office of Whistleblower Awards to reward individuals who report financial misconduct or fraudulent misrepresentation related to COVID-19 loans. Citizens who disclose such irregularities may receive a portion of the recovered funds, encouraging the fight against abuse and protecting public money.
Key points
A new office is created to receive reports of COVID-19 loan fraud.
Whistleblowers can receive monetary awards for information leading to convictions or settlements.
The act protects whistleblowers from discrimination and retaliatory actions.
Financial penalties are introduced for those convicted of COVID-19 loan fraud.
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Additional Information
Print number: 118_HR_7129
Sponsor: Rep. Williams, Roger [R-TX-25]
Process start date: 2024-01-30