Establishes a whistleblower incentive program and protections for individuals reporting violations of U.S. export control laws.
The Stop Stealing our Chips Act aims to enhance enforcement of U.S. export control laws by establishing a whistleblower incentive program. This program rewards individuals who provide original information leading to fines exceeding $1 million on violators of export control laws. Whistleblowers can receive back pay, litigation costs, and attorney fees. The Act also mandates the creation of a secure online portal for reporting violations and ensures whistleblowers' anonymity.
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