Anti-Money Laundering Whistleblower Improvement Act
Latest action · Dec 8, 2022 Held at the desk.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedDec 6, 2021
- Passed SenateDec 7, 2022
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Anti-Money Laundering Whistleblower Improvement Act
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.
Cosponsors 3
Members who signed on, in the order they did. Signatures ran from Dec 6, 2021 to Sep 6, 2022; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-GA | Raphael G. Warnock | Original | Dec 6, 2021 |
| D-MA | Elizabeth Warren | Jun 7, 2022 | |
| D-NV | Catherine Cortez Masto | Sep 6, 2022 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Banking, Housing, and Urban Affairs Committee | Referred Dec 6, 2021Discharged Dec 7, 2022 |
Actions 8
Everything that happened, newest first.
- Dec 8, 2022Message on Senate action sent to the House.
- Dec 8, 2022Received in the House.
- Dec 8, 2022Held at the desk.
- Dec 7, 2022Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
- Dec 7, 2022Measure laid before Senate by unanimous consent. (consideration: CR S7037-7038)
- Dec 7, 2022Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote. (text of amendment in the nature of a substitute: CR S7037-7038)
- Dec 6, 2021Introduced in Senate
- Dec 6, 2021Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
In the Congressional Record 3
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Amendments S7076 | Chuck Grassley R-IA (amendment) | Dec 8, 2022 |
| Senate | Debate and remarks S7037, S7038Amendments S7037 | Chuck Grassley R-IA (amendment), Margaret Wood Hassan D-NH | Dec 7, 2022 |
| Senate | Debate and remarks S3673 | Chuck Grassley R-IA | Jul 26, 2022 |
Amendments 1
Amendments offered to this bill.
| Amendment | Description | Offered by | Status |
|---|---|---|---|
| SA 6507 | In the nature of a substitute. | Chuck Grassley R-IA | Amendment SA 6507 agreed to in Senate by Unanimous Consent. |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 7195 | To provide for certain whistleblower incentives and protections. | Identical bill | Jul 20, 2022 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to provide for certain whistleblower incentives and protections.
- Short Title(s) as Passed Senate
- Anti-Money Laundering Whistleblower Improvement Act
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
- Employment discrimination and employee rights
- Evidence and witnesses
- Finance and Financial Sector
- Fraud offenses and financial crimes
- Government employee pay, benefits, personnel management
- Government ethics and transparency, public corruption
- Government information and archives
- Government trust funds
Text 2
Each version as it was printed, newest first.
- Dec 7, 2022Engrossed in Senate
- Dec 6, 2021Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
