US HB428

Federal employees who identify wasteful expenses to their agency's Chief Financial Officer can receive cash awards if their identification results in cost savings for the agency

Maximum cash award amount increases from $10,000 to $20,000 for cost-saving disclosures

"Wasteful expenses" defined as funds in salaries, operations, maintenance, or equivalent accounts that employees identify as wasteful and the Chief Financial Officer confirms are not required for their intended purpose

Verified wasteful expenses must be reported to the President for potential rescission under the Congressional Budget and Impoundment Control Act of 1974

Office of Personnel Management must annually certify agency compliance, and the Comptroller General must submit reports to Congress on the program's operation at 3-year intervals for 9 years after enactment