HR 7195 · 117th Congress · Finance and Financial Sector

To provide for certain whistleblower incentives and protections.

Introduced 2022-03-24· Sponsored by Rep. Adams, Alma S. [D-NC-12]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 329.(2022-07-20)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 7195, To provide for certain whistleblower incentives and protections

Nov 7, 2022

As reported by the House Committee on Financial Services on July 20, 2022

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (1)

1 Republican
Rep. Gonzalez, Anthony [R-OH-16]OH