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Bill · 119th Congress · HR 7412

Put America on Commission Act of 2026

Refreshed 4 min ago

Introduced 2026-02-05Topic: economy jobs

Summary

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This bill would create an Office of Whistleblower Awards within the Small Business Administration (SBA). People who give the office new information about fraud or financial misconduct by recipients of SBA aid could receive a share of money the government collects when a COVID loan fraud case ends in a final conviction, settlement, or plea agreement. The award would be 10 percent of collected amounts if the person punished is in the United States and 15 percent if the person is foreign. The bill would also add a civil penalty equal to 30 percent of the loan principal for people convicted or settling in COVID loan cases, and it would protect whistleblowers from retaliation. The office's authority would end after the last COVID loan case and related appeals are finished.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2026-02-20HousePlaced on the Union Calendar, Calendar No. 425.
2026-02-20HouseReported by the Committee on Small Business. H. Rept. 119-499.report
2026-02-20Reported by the Committee on Small Business. H. Rept. 119-499.report
2026-02-11HouseOrdered to be Reported by the Yeas and Nays: 24 - 0.refer
2026-02-11HouseCommittee Consideration and Mark-up Session Heldrefer
2026-02-05HouseReferred to the House Committee on Small Business.refer
2026-02-05Introduced in Houseintroduce
2026-02-05Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-10-20. Provisions and opinion polling arrive in a later release.