Placed on the Union Calendar, Calendar No. 425.
Summary
The bill amends the Small Business Act to set up an Office of Whistleblower Awards inside the administration’s performance and finance office. It authorizes cash awards—10% of recovered funds for U.S. entities or 15% for foreign entities—to whistleblowers whose original information results in convictions or settlements of COVID loan fraud. It also adds eligibility rules, limits on multiple claimants, and anti‑retaliation protections.
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