Last night, the House of Representatives suspended the rules and agreed to the amendment to S. 386, the Fraud Enforcement and Recovery Act of 2009 ("FERA"), that the Senate made when it voted last week to accept the House amendments to the bill. See FraudMail Alert No. 09-05-15. Now that both houses have passed FERA, the False Claims Act ("FCA") amendments in S. 386 need only the approval of the President, who has indicated that he will sign the bill when it reaches his desk, probably late this week.
Please refer to our prior FraudMail Alerts for detailed analyses of the FCA amendments in S. 386. See FraudMail Alert Nos.09-05-15;09-05-13; 09-05-06; 09-04-30. In addition to the FCA amendments, the FERA authorizes additional resources for the investigation and prosecution of frauds involving federal assistance programs and financial institutions, including $165 million a year for the Department of Justice.