Put America on Commission Act of 2024

HR 7129, the "Put America on Commission Act of 2024," creates an Office of Whistleblower Awards within the Small Business Administration (SBA) to incentivize reporting of fraud in pandemic relief loans. It directly affects whistleblowers who provide original information about financial misconduct by SBA loan recipients and the recipients themselves who face penalties. The bill establishes a Whistleblower Award Fund, paying 10% (U.S. entities) or 15% (foreign entities) of recovered funds from convictions or settlements related to "COVID loan actions" (defined as fraud cases under CARES Act provisions). It includes anti-retaliation protections for whistleblowers and requires annual reports to Congress on award distributions. The program sunset provisions end its authority once all related cases are resolved.