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US S1473

US S1473
Stop Stealing our Chips Act


summary

Introduced
04/10/2025
In Committee
04/10/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A bill to amend the Export Control Reform Act of 2018 to establish a whistleblower incentive program and provide protections to whistleblowers.

AI Summary

This bill establishes a comprehensive whistleblower incentive program within the Export Control Reform Act of 2018, specifically targeting violations related to the export of advanced technology, especially artificial intelligence chips to adversarial countries. The program creates a secure online portal where individuals (including non-U.S. citizens) can anonymously report original information about potential export control violations, with key protections and financial incentives. Whistleblowers who provide credible, unique information leading to successful enforcement actions can receive between 10% and 30% of collected fines, with the exact amount determined by the accuracy, relevance, timeliness, and usefulness of their information. The bill also provides robust protections against employer retaliation, including potential reinstatement, back pay, and legal cost compensation for whistleblowers who face discrimination. An "Export Compliance Accountability Fund" will be established in the U.S. Treasury to fund whistleblower awards, program administration, and enforcement activities. Importantly, the program includes safeguards to prevent frivolous reports and excludes certain individuals from whistleblower status, such as federal employees acting within their job duties or individuals on specific government watchlists.

Committee Categories

Housing and Urban Affairs

Sponsors (2)

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 04/10/2025)

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