Bill Sponsor
Senate Bill 3316
117th Congress(2021-2022)
A bill to provide for certain whistleblower incentives and protections.
Active
Amendments
Active
Passed Senate on Dec 7, 2022
Overview
Text
Introduced
Dec 6, 2021
Latest Action
Dec 8, 2022
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3316
Congress
117
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Senate Votes (1)
House Votes (0)
checkPassed on December 7, 2022
Status
Passed
Type
Voice Vote
Voice Vote
A vote in which the presiding officer states the question, then asks those in favor and against to say "Yea" or "Nay," respectively, and announces the result according to his or her judgment. The names or numbers of senators voting on each side are not recorded.
Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.
Summary

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.

Text (2)
December 7, 2022
December 6, 2021
Amendments (1)
Dec 07, 2022
Agreed to in Senate
1
Sponsorship
Senate Amendment 6507
In the nature of a substitute.
Agreed To
Actions (9)
12/08/2022
Held at the desk.
12/08/2022
Received in the House.
12/08/2022
Message on Senate action sent to the House.
12/07/2022
Passed Senate with an amendment by Voice Vote. (text of amendment in the nature of a substitute: CR S7037-7038)
12/07/2022
Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.
12/07/2022
Measure laid before Senate by unanimous consent. (consideration: CR S7037-7038)
12/07/2022
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
12/06/2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
12/06/2021
Introduced in Senate
Public Record
Record Updated
Nov 9, 2023 10:13:49 PM