[Congressional Record Volume 167, Number 194 (Thursday, November 4, 2021)]
[Senate]
[Page S7940]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 4437. Mr. GRASSLEY submitted an amendment intended to be proposed 
to amendment SA 3867 submitted by Mr. Reed and intended to be proposed 
to the bill H.R. 4350, to authorize appropriations for fiscal year 2022 
for military activities of the Department of Defense, for military 
construction, and for defense activities of the Department of Energy, 
to prescribe military personnel strengths for such fiscal year, and for 
other purposes; which was ordered to lie on the table; as follows:

        At the appropriate place, insert the following:

     SEC. _____. WHISTLEBLOWER INCENTIVES AND PROTECTIONS.

       Section 5323 of title 31, United States Code, as amended by 
     section 6314 of the Anti-Money Laundering Act of 2020 
     (division F of Public Law 116-283) is amended by striking 
     subsection (b) and inserting the following:
       ``(b) Awards.--
       ``(1) In general.--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--
       ``(A) not less than 10 percent, in total, of what has been 
     collected of the monetary sanctions imposed in the action or 
     related actions; and
       ``(B) not more than 30 percent, in total, of what has been 
     collected of the monetary sanctions imposed in the action or 
     related actions.
       ``(2) Payment of awards.--Any amount paid under paragraph 
     (1) shall be paid from the Fund established under paragraph 
     (3).
       ``(3) Source of awards.--
       ``(A) In general.--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').
       ``(B) Use of fund.--The Fund shall be available to the 
     Secretary, without further appropriation or fiscal year 
     limitations, for--
       ``(i) the payment of awards to whistleblowers as provided 
     in subsection (b);
       ``(ii) the funding of education initiatives and 
     administrative expenses; and
       ``(iii) carrying out the provisions of this subsection.
       ``(4) Deposits and credits.--
       ``(A) In general.--There shall be deposited into or 
     credited to the Fund an amount equal to--
       ``(i) any monetary sanction collected by the Secretary or 
     Attorney General in any judicial or administrative action 
     under this title unless the balance of the Fund at the time 
     the monetary judgement is collected exceeds $300,000,000; and
       ``(ii) all income from investments made under paragraph 
     (5).
       ``(B) Additional amounts.--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.
       ``(5) Investments.--
       ``(A) Amounts in fund may be invested.--The Secretary of 
     the Treasury may invest the portion of the Fund that is not 
     required to meet the current needs of the Fund.
       ``(B) Eligible investments.--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.
       ``(C) Interest and proceeds credited.--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.''.
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