Political Quotes

On the recordDecember 7, 2022
I ask unanimous consent that the Grassley substitute amendment be considered and agreed to and the bill be considered read a third time. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment (No. 6507), in the nature of a substitute, was agreed to as follows: (Purpose: In the nature of a substitute) Strike all after the enacting clause and insert the following: SECTION 1. SHORT TITLE. This Act may be cited as the ``Anti-Money Laundering Whistleblower Improvement Act''. SEC. 2. WHISTLEBLOWER INCENTIVES AND PROTECTIONS. (a) In General.--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) no…
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Maggie Hassan
Democratic · New Hampshire

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