Tuesday, February 14, 2012

Stumbo Filing Whistleblowers' Legislation

  • {Frankfort, Kentucky}...Kentucky House Speaker Greg Stumbo says he is filing legislation to give whistleblowers strong financial incentive to step forward if state tax dollars are being misused. Stumbo says the False Claims Act would root out fraud and potentially reduce the state's budget deficit by millions of dollars. The federal government created a false claims act in 1986, and several other states now have similar laws. Those found guilty would be liable for up to three times the amount they fraudulently billed the state, and whistleblowers will be eligible to receive anywhere from 15 to 30 percent of the money recovered as a reward.