S 3316 — Anti-Money Laundering Whistleblower Improvement Act

3316 IntroducedEngrossed in Senate (IS)](ES)] <DOC> 117th CONGRESS 1st2d Session S.

3316 _______________________________________________________________________ AN ACT To provide for certain whistleblower incentives and protections.

_______________________________________________________________________ IN THE SENATE OF THE UNITED STATES December 6, 2021 Mr.

Grassley (for himself and Mr.

Warnock) introduced the following bill;

which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To provide for certain whistleblower incentives and protections.

SHORT TITLE.

This Act may be cited as the ``Anti-Money Laundering Whistleblower Improvement Act''.

SEC.

2.

Section(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:

``(2) Payment of awards.--Anyawards.-- ``(A) In general.--Any amount paid under paragraph (1) shall be paid from the Fund established under paragraph (3).

``(B) Related actions.--The Secretary may pay awards less than the amount described in paragraph (1)(A) for related actions in which a whistleblower may be paid by another whistleblower award program.

``(4) Deposits and credits.-- ``(A) In general.--There shall be deposited into or credited to the Fund an amount equal to-- ``(i) any monetary sanction collected by the Secretary or Attorney General in any judicial or administrative action under this titletitle, unlesschapter the35 balanceor ofsection the4305 Fundor at4312 theof timetitle 50, or the monetaryForeign judgementNarcotics isKingpin collectedDesignation exceedsAct $300,000,000;(21 U.S.C.

1901 et seq.), unless the balance of the Fund at the time the monetary sanction is collected exceeds $300,000,000;

``(C) Exception.--No amounts to be deposited or transferred into the United States Victims of State Sponsored Terrorism Fund pursuant to the Justice for United States Victims of State Sponsored Terrorism Act (34 U.S.C.

20144) or the Crime Victims Fund pursuant section 1402 of the Victims of Crime Act of 1984 (34 U.S.C.

20101) shall be deposited into or credited to the Fund.

<all>(b) Technical and Conforming Amendments.--Section 5323 of title 31, United States Code, is amended-- (1) in subsection (a)-- (A) in paragraphs (1) and (5), by striking ``this subchapter or subchapter III'' each place the term appears and inserting ``this subchapter, chapter 35 or section 4305 or 4312 of title 50, the Foreign Narcotics Kingpin Designation Act (21 U.S.C.

1901 et seq.), or .), and for conspiracies to violate the aforementioned provisions'';

and (B) in paragraph (4)-- (i) by inserting ``covered'' after ``respect to any'';

(ii) by striking ``under this subchapter or subchapter III'';

and (iii) by striking ``action by the Secretary or the Attorney General'' and inserting ``covered action'';

(2) in subsection (c)(1)(B)(iii)-- (A) by striking ``subchapter and subchapter III'' and inserting ``this subchapter, chapter 35 or section or 4312 of title 50, and the Foreign Narcotics Kingpin Designation Act (21 U.S.C.

1901 et seq.)'';

and (B) by striking ``either such subchapter'' and inserting ``the covered judicial or administrative action'';

and (3) in subsection (g)(4)(D)(i), by inserting ``chapter 35 or section 4305 or 4312 of title 50, or the Foreign Narcotics Kingpin Designation Act (21 U.S.C.

1901 et seq.),'' after ``subchapter,''.

Passed the Senate December 7, 2022.

Attest:

Secretary.

117th CONGRESS 2d Session S.

3316 _______________________________________________________________________ AN ACT To provide for certain whistleblower incentives and protections.