What is the current status of HR 7412?

HR 7412 is currently: In House.

Who sponsored HR 7412?

HR 7412 was sponsored by Roger Williams (R), Rep.

Whistleblower Awards for COVID Loan Fraud

IntroducedFebruary 5, 2026

In House8 months ago

Intro

House

Senate

Pres

Waiting for a House floor vote.

It has cleared committee and can be brought up at any time, though no date is set.

CommerceCivil actions and liabilityCongressional oversightCriminal investigation, prosecution, interrogationEmployment discrimination and employee rightsFraud offenses and financial crimesGovernment employee pay, benefits, personnel managementGovernment lending and loan guaranteesInfectious and parasitic diseases

Why This Matters

This bill sets up an office to give financial rewards to people who report fraud related to COVID loans. It encourages whistleblowers to come forward by offering them a share of any penalties collected from fraudsters.

If you know about COVID loan fraud, you could earn money by reporting it.

Who this affects

whistleblowers · individuals involved in fraud · businesses involved in fraud

What changes is this bill making?

1This bill creates a new office to manage whistleblower awards related to COVID loan fraud.
2Whistleblowers can receive financial rewards for reporting fraud involving COVID loans.
3The amount of the award depends on whether the fraudster is a U.S. citizen or foreign national.
4The office will track how whistleblower information leads to convictions or settlements.
5Only the whistleblower who provides the most helpful information will receive the award.

Read full document

Last changed 15 days ago · checked hourly

Whistleblower Awards for COVID Loan Fraud

IntroducedFebruary 5, 2026

In House8 months ago

Intro

House

Senate

Pres

Waiting for a House floor vote.

It has cleared committee and can be brought up at any time, though no date is set.

Why This Matters

If you know about COVID loan fraud, you could earn money by reporting it.

Who this affects

whistleblowers · individuals involved in fraud · businesses involved in fraud

What changes is this bill making?

1This bill creates a new office to manage whistleblower awards related to COVID loan fraud.
2Whistleblowers can receive financial rewards for reporting fraud involving COVID loans.
3The amount of the award depends on whether the fraudster is a U.S. citizen or foreign national.
4The office will track how whistleblower information leads to convictions or settlements.
5Only the whistleblower who provides the most helpful information will receive the award.

Read full document

Last changed 15 days ago · checked hourly