False Claims Act Correction Act of 2007

[AI summary unavailable — showing source text] False Claims Act Correction Act of 2007 - Amends the False Claims Act to revise requirements and procedures governing civil actions for false claims (qui tam actions) brought by private persons. Repeals the requirement that a false or fraudulent claim for payment must be presented directly to a federal employee or member of the Armed Forces (thus tying liability for such claims directly to federal money and property, regardless to whom the claim is presented). Revises requirements for alternate remedies affecting qui tam actions and related qui tam plaintiff awards. Allows dismissal of a private action based upon prior public disclosures only upon timely motion to dismiss by the Attorney General. Revises the prohibition of retaliatory action against whistleblowers to include material hindering of the person in obtaining new employment or other business opportunities. Requires the government to pay from the proceeds of an action for financial losses suffered by administrative beneficiaries (thus permitting actions for fraud instituted against nontaxpayer funds under federal trust and administration). Expands from six years to ten years the statute of limitations for bringing a civil…