Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

Code · BILL · 117th Congress · H.R. 7195 (Reported in House) — To provide for certain whistleblower incentives and protections. · Sec. 1

Sec. 1. Whistleblower incentives and protections

785 words·~4 min read·/bill/117/hr/7195/rh/section-1

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Section 5323 of title 31, United States Code, is amended by striking subsection
(b)and inserting the following: In any covered judicial or administrative action, or related action, the Secretary, under regulations prescribed by the Secretary, in consultation with the Attorney General and subject to subsection (c), shall pay an award or awards to 1 or more whistleblowers who voluntarily provided original information to the employer of the individual, the Secretary, or the Attorney General, as applicable, that led to the successful enforcement of the covered judicial or administrative action, or related action, in an aggregate amount equal to— not less than 10 percent, in total, of what has been collected of the monetary sanctions imposed in the action or related actions; and not more than 30 percent, in total, of what has been collected of the monetary sanctions imposed in the action or related actions. Any amount paid under paragraph
(1)shall be paid from the Fund established under paragraph (3). The Secretary may pay awards less than the amount described in paragraph (1)(A) for related actions in which a whistleblower may be paid by another whistleblower award program. There shall be established in the Treasury of the United States a revolving fund to be known as the Financial Integrity Fund (referred to in this subsection as the Fund ). The Fund shall be available to the Secretary, without further appropriation or fiscal year limitations, only for the payment of awards to whistleblowers as provided in subsection (b). The Fund shall not be available to pay any personnel or administrative expenses. There shall be deposited into or credited to the Fund an amount equal to— any monetary sanction collected by the Secretary or Attorney General in any judicial or administrative action under this title or a covered statute, unless the balance of the Fund at the time the monetary sanction is collected exceeds $300,000,000; and all income from investments made under paragraph (5). If the amounts deposited into or credited to the Fund under subparagraph
(A)are not sufficient to satisfy an award made under this subsection, there shall be deposited into or credited to the Fund an amount equal to the unsatisfied portion of the award from any monetary sanction collected by the Secretary of the Treasury or Attorney General in the covered judicial or administrative action on which the award is based. No amounts to be deposited or transferred into the United States Victims of State Sponsored Terrorism Fund established under to the Justice for United States Victims of State Sponsored Terrorism Act ( 34 U.S.C. 20144 ) or the Crime Victims Fund established under section 1402 of the Victims of Crime Act of 1984 ( 34 U.S.C. 20101 ) shall be deposited into or credited to the Fund. The Secretary of the Treasury may invest the portion of the Fund that is not required to meet the current needs of the Fund. Investments shall be made by the Secretary of the Treasury in obligations of the United States or obligations that are guaranteed as to principal and interest by the United States, with maturities suitable to the needs of the Fund as determined by the Secretary. The interest on, and the proceeds from the sale or redemption of, any obligations held in the Fund shall be credited to, and form a part of, the Fund. . Section 5323(a) of title 31, United States Code, is amended by adding at the end the following: In this section, the term covered statute means— the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq. ); sections 5 and 12 of the Trading With the Enemy Act ( 50 U.S.C. 4305 ; 4312); and the Foreign Narcotics Kingpin Designation Act ( 21 U.S.C. 1901 et seq. ). . Section 5323 of title 31, United States Code, is amended— in subsection (a)— in paragraphs
(1)and (5), by striking this subchapter or subchapter III each place the term appears and inserting this subchapter or a covered statute, or for a conspiracy to violate such subchapter or covered statute, ; and in paragraph (4)— by striking with respect to and all that follows through subchapter III and inserting with respect to any covered judicial or administrative action ; and by striking action by the Secretary or the Attorney General and inserting covered judicial or administrative action ; in subsection (c)(1)(B)(iii)— by striking subchapter and subchapter III and inserting this subchapter or a covered statute, or a conspiracy or attempt to violate such subchapter or covered statute, ; and by striking either such subchapter and inserting the applicable subchapter or covered statute ; and in subsection (g)(4)(D)(i), by inserting or a covered statute after subchapter, .
Connectionstraces to 5
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.