S1473119th CongressWALLET

Stop Stealing our Chips Act

Sponsored By: Senator Mike Rounds

Introduced

Summary

Creates a whistleblower reward and protection program to surface violations of U.S. export controls, with a focus on stopping diversion of leading‑edge AI chips and other controlled items. It would set awards, deadlines, and a Treasury fund to pay tips and support enforcement.

Show full summary
  • People who provide original, useful tips could receive awards equal to 10–30% of fines collected for cases that result from their information. They would get strong legal protections including a federal cause of action for retaliation, reinstatement, back pay with interest, and litigation cost coverage.
  • Exporters and other regulated entities would face faster detection and higher enforcement risk because the bill requires an online portal, allows anonymous reporting, and mandates expedited handling with a 60‑day preliminary review and a typical 180‑day investigation window.
  • Federal agencies gain structured information sharing and a dedicated finance stream. The Export Compliance Accountability Fund in the Treasury would receive fines from whistleblower‑triggered actions to finance awards, administration, and enforcement, and the measure permits sharing confidential tips with national security, regulatory, and foreign authorities.

Bill Overview

Analyzed Economic Effects

4 provisions identified: 3 benefits, 0 costs, 1 mixed.

Cash rewards for export tips

This bill would create a whistleblower rewards program at Commerce for export-control tips. You could get 10% to 30% of a fine collected if your original tip leads to that fine. The agency would build a secure public portal within 120 days and allow anonymous initial reports. The agency must make a credibility check within 60 days and usually finish investigations within 180 days. If several people file the same tip, the award is split equally.

Workplace anti-retaliation rights

This bill would prohibit employers from punishing workers for lawfully reporting export-control violations or helping investigations. If you face retaliation you could sue in federal court. A winning plaintiff could get reinstatement, two times back pay plus interest, and payment of litigation costs and attorney fees. The rule would not protect people who knowingly give false information. You must file within limits: generally within 6 years, or within 3 years of when you learned key facts, and never more than 10 years after the violation.

Protections for whistleblower privacy

This bill would bar Commerce employees from revealing information that could identify a whistleblower, with narrow exceptions. The rule would be treated as a FOIA exemption. The Attorney General could still share evidence for grand juries or criminal cases. Commerce could share tips with law enforcement, regulators, self‑regulatory groups, and some foreign authorities only when needed and only if recipients keep the information secret.

Treasury fund to pay awards

This bill would create an Export Compliance Accountability Fund in the Treasury within 90 days. Fines from cases that depended on whistleblower tips would be deposited into the Fund. The Secretary could use the Fund without new yearly appropriations to pay awards and run the program. Any money left at the end of the fiscal year would go to the general Treasury fund.

Sponsors & CoSponsors

Sponsor

Mike Rounds

SD • R

Cosponsors

  • Mark Warner

    VA • D

    Sponsored 4/10/2025

Roll Call Votes

No roll call votes available for this bill.

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