ThePolitibase
S. 1473Passed SenateFOREIGN TRADE AND INTERNATIONAL FINANCE

Stop Stealing our Chips Act

Sponsor
Sen. Rounds, Mike [R-SD]
R · SD
Key facts
Introduced: Apr 10, 2025
Chamber: Senate
Cosponsors: 1
Congress: 119th
Latest action · May 20, 2026
Passed Senate with an amendment by Unanimous Consent.

Summary

Stop Stealing our Chips Act

This bill creates a whistleblower incentive program and establishes whistleblower protections for individuals who provide information to the Department of Commerce's Bureau of Industry and Security (BIS) related to violations of U.S. export control laws. 

Currently, BIS administers and enforces controls on the export of dual-use goods (e.g., items with both civilian and military uses) and certain military parts and components. These export controls are implemented primarily under the Export Control Reform Act of 2018 (ECRA) through the Export Administration Regulations.

Under the bill, BIS must establish a whistleblower incentive program to reward individuals who voluntarily report original information that results in BIS imposing fines under ECRA on persons that violate, attempt to violate, conspire to violate, or cause a violation of ECRA or any related regulation, order, license, or authorization.

Additionally, BIS must establish a secure online portal for whistleblowers to report violations of ECRA. The bill outlines requirements for BIS to review, investigate, and provide status updates related to these reports.

The bill authorizes BIS to pay an award to any whistleblower who voluntarily reported original information that led to the imposition of a fine under ECRA. The bill establishes the Export Compliance Accountability Fund for paying these awards and funding related activities.

The bill also sets forth whistleblower protections by (1) prohibiting retaliation against individuals who act as whistleblowers, and (2) establishing confidentiality requirements.

Summary by Congressional Research Service.

Timeline

  1. May 20, 2026
    Passed Senate with an amendment by Unanimous Consent.
  2. May 20, 2026
    Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
  3. May 20, 2026
    Measure laid before Senate by unanimous consent.
  4. May 20, 2026
    Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
  5. May 20, 2026
    Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
  6. Apr 10, 2025
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  7. Apr 10, 2025
    Introduced in Senate

Cosponsors

In the News

View official record on Congress.gov →
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