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Sanctions Evasion Whistleblower Rewards Act of 2023
3/12/2024, 6:54 PM
Summary of Bill S 2066
Bill 118 s 2066, also known as the Sanctions Evasion Whistleblower Rewards Act of 2023, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to encourage individuals to come forward and report any violations of sanctions evasion laws.
Under this bill, whistleblowers who provide credible information leading to the successful enforcement of sanctions evasion laws will be eligible to receive monetary rewards. These rewards are intended to incentivize individuals to report illegal activities and help authorities crack down on those who are trying to evade sanctions.
The bill also includes provisions to protect whistleblowers from retaliation and ensure their confidentiality. It aims to create a safe and secure environment for individuals to report violations without fear of reprisal. Overall, the Sanctions Evasion Whistleblower Rewards Act of 2023 is designed to strengthen enforcement of sanctions evasion laws by providing incentives for individuals to report violations and ensuring their protection. It is a step towards promoting transparency and accountability in the financial sector.
Under this bill, whistleblowers who provide credible information leading to the successful enforcement of sanctions evasion laws will be eligible to receive monetary rewards. These rewards are intended to incentivize individuals to report illegal activities and help authorities crack down on those who are trying to evade sanctions.
The bill also includes provisions to protect whistleblowers from retaliation and ensure their confidentiality. It aims to create a safe and secure environment for individuals to report violations without fear of reprisal. Overall, the Sanctions Evasion Whistleblower Rewards Act of 2023 is designed to strengthen enforcement of sanctions evasion laws by providing incentives for individuals to report violations and ensuring their protection. It is a step towards promoting transparency and accountability in the financial sector.
Read the Full Bill
Current Status of Bill S 2066
Bill S 2066 is currently in the status of Bill Introduced since June 21, 2023. Bill S 2066 was introduced during Congress 118 and was introduced to the Senate on June 21, 2023.  Bill S 2066's most recent activity was Read twice and referred to the Committee on Foreign Relations. as of June 21, 2023
Bipartisan Support of Bill S 2066
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 2066
Primary Policy Focus
International AffairsAlternate Title(s) of Bill S 2066
Sanctions Evasion Whistleblower Rewards Act of 2023
Sanctions Evasion Whistleblower Rewards Act of 2023
A bill to amend the State Department Basic Authorities Act of 1956 to authorize rewards under the Department of State's rewards program relating to information regarding individuals or entities engaged in activities in contravention of United States or United Nations sanctions, and for other purposes.
Comments
Sponsors and Cosponsors of S 2066
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