S.Amdt. 4745

SA 4745. Mr. GRASSLEY (for himself and Mr. Warnock) 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, only for the payment of awards to whistleblowers
as provided in subsection (b).
``(C) Restrictions on use of fund.--The Fund shall not be
available to pay any personnel or administrative expenses.

[[Page S8360]]

``(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.''.
______