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S 3316 117th Congress Senate Finance and Financial Sector Employment discrimination and employee rights Evidence and witnesses Fraud offenses and financial crimes Government employee pay, benefits, personnel management Government ethics and transparency, public corruption Government information and archives Government trust funds

Anti-Money Laundering Whistleblower Improvement Act

Introduced: December 6, 2021 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
 Everywhere this bill has been 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 8, 2022
Held at the desk.
Dec 8, 2022
Received in the House.
Dec 8, 2022
Message on Senate action sent to the House.
Dec 7, 2022
Passed Senate with an amendment by Voice Vote. (text of amendment in the nature of a substitute: CR S7037-7038)
Dec 7, 2022
Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.
Dec 7, 2022
Measure laid before Senate by unanimous consent. (consideration: CR S7037-7038)
Dec 7, 2022
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Dec 6, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec 6, 2021
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now December 8, 2022

Held at the desk.

 Committees of jurisdiction 1