House Committee Advances Bill to Pay Whistleblowers for Reporting COVID-19 Loan Fraud
The bill was reported by the House Committee on Small Business in February 2026 and is now waiting for a vote by the full House. No action has been taken on this bill since February 2026. Because floor time is limited, it is unclear when or if the House leadership will schedule a vote.
This bill’s path across every version that has carried it.
Reintroduced
Reintroduced from H.R. 7129 (118th), which died when its Congress ended.
H.R. 7129 (118th) →Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
People who were convicted of or charged with COVID-19 loan fraud face significant new consequences under this bill. Beyond existing criminal penalties, they would owe an additional civil monetary penalty equal to 30% of the total loan principal. The new whistleblower incentive structure also increases the likelihood that previously undetected fraud will be reported and prosecuted, expanding the pool of people who could end up with criminal records related to pandemic relief programs.
Placed on the Union Calendar, Calendar No. 425.
The bill is now on the schedule for the full chamber to consider. It's in line for debate and a vote.
Reported by the Committee on Small Business. H. Rept. 119-499.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Ordered to be Reported by the Yeas and Nays: 24 - 0.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Small Business.

The House Committee on Small Business favorably reported the Put America on Commission Act of 2026 (H.R. 7412) on February 11. The bill establishes whistleblower incentives for reporting pandemic-era loan fraud, aiming to enhance SBA accountability and recover stolen taxpayer funds.

US senators and representatives are pushing legislation like the Put America on Commission Act to recover billions in suspected pandemic-era fraud. The bill, which passed the House committee, creates a whistleblower reward system to identify swindlers before prosecution deadlines expire.
As federal agencies crack down on COVID-19 relief fraud, the Put America on Commission Act of 2026 has been introduced to incentivize whistleblowers. The bill proposes paying commissions to individuals who provide information leading to the recovery of misused Paycheck Protection Program funds.
No votes or related bills recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Put America on Commission Act of 2026
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