Put America on Commission Act of 2026

HR 7412, the "Put America on Commission Act of 2026," creates a new Office of Whistleblower Awards within the Small Business Administration (SBA) to incentivize reporting of fraud related to SBA COVID-19 relief loans. The bill establishes a Whistleblower Award Fund funded by civil penalties collected from individuals or entities convicted of or settling fraud in these specific loan cases. Whistleblowers who provide original information leading to a final conviction or settlement can receive 10% (for U.S. persons/entities) or 15% (for foreign persons/entities) of the penalties collected. The program includes anti-retaliation protections, requires the SBA to track submissions, and expires once all related cases are resolved. It directly affects whistleblowers reporting SBA loan fraud and SBA loan recipients facing fraud allegations.