Bill · H.R. 7412· House(119-HR-7412)
Put America on Commission Act of 2026
- Introduced
- 2/5/2026
- Last activity
- 2/20/2026 — Placed on the Union Calendar, Calendar No. 425.
- Sponsored by
- Roger Williams
- Cosponsors
- - 0 - 1
- Introduced
- On Calendar
What this bill would do
This bill, titled the "Put America on Commission Act of 2026," seeks to amend the Small Business Act to create the Office of Whistleblower Awards. This new office would be part of the Administration's Office of Performance, Planning, and the Chief Financial Officer. The office is tasked with managing information regarding financial misconduct or fraudulent misrepresentation by recipients of financial assistance. It would facilitate the payment of awards to whistleblowers who provide original information leading to convictions or settlements involving COVID loan actions. Additionally, the bill establishes a Whistleblower Award Fund to finance these payments and operational costs.
Yes· 3 of 6
Does this reduce what the federal government spends?+5
The bill recovers funds through civil monetary penalties and settlements related to COVID loan fraud.
Does this make what the government does easier for the public to see?+4
The bill establishes a specific office to track and report on financial misconduct and whistleblower awards.
Does this give people more protection from unfair business practices?+3
The bill enhances protections against fraudulent misrepresentation by recipients of financial assistance.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Financial Incentives for Whistleblowers: Individuals who provide original information regarding financial misconduct or fraudulent misrepresentation related to COVID loan actions can receive awards. These awards are set at 10 percent of deposited amounts for U.S. nationals or entities, and 15 percent for foreign nationals or entities (Section 2(c)(1) and Section 2(c)(2)).
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Protection Against Retaliation: The bill includes anti-retaliation provisions that prohibit discrimination or any other prejudicial action against a person for making a disclosure or assisting someone who has made a disclosure (Section 2(d)(6)(A)).
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Access to Legal Relief: If a person suffers discrimination or prejudicial action due to their whistleblowing, they are granted the right to seek relief through specific legal procedures (Section 2(d)(6)(B)).
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Transparency and Status Updates: Whistleblowers are entitled to receive confirmation of receipt of their information and notices regarding determinations of whether their information is considered "original," as well as updates on the status of investigations (Section 2(d)(5)).
Potential Negative Impacts for People
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Risk of Award Reduction or Denial: The head of the Office of Whistleblower Awards can reduce an award to zero if the whistleblower planned or initiated the financial misconduct. Furthermore, a whistleblower is ineligible for an award if they are finally convicted of an offense related to the misconduct they reported (Section 2(d)(1) and Section 2(d)(2)(A)).
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Requirement to Repay Awards: If a whistleblower is finally convicted of an offense relating to the original information that served as the basis for their award, they are required to agree to repay the full amount of that award (Section 2(d)(2)(B)).
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Competition Among Whistleblowers: In cases where multiple people provide information regarding the same COVID loan action, only the individual determined to have made the "most substantial contribution" is eligible to receive an award (Section 2(c)(3)(A)).
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Civil Monetary Penalties: Persons convicted of or entering into settlements regarding COVID loan actions will be subject to an additional civil monetary penalty equal to 30 percent of the principal amounts of the loans involved (Section 2(g)(1)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Reduces Government Spending+5Improves Consumer Protection+3
- Governance And Ideology
- Improves Government Transparency+4Improves Due Process+3
- Demographic And Interest Groups
- Good For Low Income Households+1Good For Urban Residents+1
- 2/20/2026
- Reported by the Committee on Small Business. H. Rept. 119-499.
- Placed on the Union Calendar, Calendar No. 425.
- 2/11/2026
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported by the Yeas and Nays: 24 - 0.
- 2/5/2026
- Referred to the House Committee on Small Business.
- 1 Cosponsor added.
- Introduced in House
Johnny OlszewskiDemocrat · Maryland