Search Results: keywords:"financial misconduct"

  • H. R. 8438 — To amend the Internal Revenue Code of 1986 to permit qualified distributions from section 529 plans for certain transportation and parking expenses.
    Status:Introduced in House
    Words:346

    H. R. 8438 proposes changes to the Internal Revenue Code of 1986 to allow money from section 529 plans to be used for transportation and parking costs. These costs must be reasonable and related to attending an eligible educational institution, and must not exceed the...

    Simple Explanation

    H.R. 8438 is a bill that wants to make it okay for people to use special college savings money to pay for getting to school or an apprenticeship, like bus fare or parking, as long as the school agrees it's a reasonable amount.

  • H. R. 7129 — To amend the Small Business Act to establish the Office of Whistleblower Awards, and for other purposes.
    Status:Reported in House
    Words:3,582

    H. R. 7129, known as the "Put America on Commission Act of 2024," seeks to amend the Small Business Act by establishing the Office of Whistleblower Awards within the Small Business Administration. This office would reward whistleblowers who provide original information about...

    Simple Explanation

    H. R. 7129 wants to set up a special office to thank and reward people who tell the truth about any bad money stuff with the loans given out because of COVID. If they help catch the bad guys, they can get some of the money back as a big thank you gift!

  • H. R. 7129 — To amend the Small Business Act to establish the Office of Whistleblower Awards, and for other purposes.
    Status:Introduced in House
    Words:3,463

    H.R. 7129 seeks to amend the Small Business Act to create an Office of Whistleblower Awards. This office would be responsible for managing and awarding monetary prizes to whistleblowers who provide valuable information related to financial misconduct or fraudulent activities...

    Simple Explanation

    H.R. 7129 is about making sure people who tell the truth about bad money problems in small businesses get rewarded and are protected from getting in trouble for doing so. It plans to give money to those who help, keep them safe from unfair treatment, and make rules about how this all works.