In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
Q: SECTION 1. SHORT TITLE.

This Act may be cited as the ''TARP and ARRA Reporting and Waste
Prevention Act''.

SEC. 2. REPORTING REQUIREMENT.

(a) In General.--Every public or private entity shall, no later
than 30 days after receiving or redistributing any funds distributed
under title I of the Emergency Economic Stabilization Act of 2008 or
the American Recovery and Reinvestment Act of 2009, submit a report to
the Secretary of the Treasury detailing such receipt or redistribution.
(b) Report Details.--Each report required by subsection (a) shall
include, with respect to the funds received or redistributed, and to
the extent the information is available--
(1) the amount of such funds;
(2) for funds being redistributed, the public or private
entity receiving such funds;
(3) the specific provision or provisions of title I of the
Emergency Economic Stabilization Act of 2008 or the American
Recovery and Reinvestment Act of 2009 under which such funds
were authorized;
(4) the specific purpose for which such funds are being
received or redistributed, including--
(A) what geographic area such funds are intended
for; and
(B) the specific details on how such funds will be
used;
(5) copies of any contracts entered into by the public or
private entity for projects or services that will be funded in
whole or in part by such funds; and
(6) such other information as the Secretary of the Treasury
may require.
(c) Separate Report on Contracts.--Any public or private entity
that enters into a contract described in subsection (b)(5) shall, no
later than 30 days after the date such contract is entered into, and
every 30 days thereafter until all performance under the contract has
been completed, submit a report to the Secretary of the Treasury
detailing--
(1) the amount of funds distributed under title I of the
Emergency Economic Stabilization Act of 2008 or the American
Recovery and Reinvestment Act of 2009 that have been expended
by such public or private entity in furtherance of the
contract;
(2) the specific details of how such funds were expended
and how such expenditures furthered the fulfillment of the
contract terms;
(3) how many jobs were created by the expenditure of such
funds and the average cost to the public or private entity of
creating such jobs; and
(4) in which geographic areas such funds were expended.
(d) Treatment of Commingled Funds.--For purposes of this section,
any funds that are commingled with funds distributed under title I of
the Emergency Economic Stabilization Act of 2008 or the American
Recovery and Reinvestment Act of 2009, such that the source of any
particular funds within the commingled funds cannot be identified,
shall be treated as funds distributed under title I of the Emergency
Economic Stabilization Act of 2008 or the American Recovery and
Reinvestment Act of 2009.
(e) Regulations.--A report required under subsection (a) shall be
made in such manner and form as the Secretary of the Treasury may
prescribe by regulation. Such regulation shall be issued no later than
30 days after the date of the enactment of this Act.
(f) No Reporting for Certain Tax Benefits.--No report shall be
required under subsection (a) for funds received by a public or private
entity under any provision of title I of division B of the American
Recovery and Reinvestment Act of 2009.
(g) Requirement for Giving Notice When Redistributing Funds.--Any
public or private entity that redistributes any funds distributed under
title I of the Emergency Economic Stabilization Act of 2008 or the
American Recovery and Reinvestment Act of 2009 to another public or
private entity must give such public or private entity notice--
(1) that such funds are a redistribution of funds
distributed under title I of the Emergency Economic
Stabilization Act of 2008 or the American Recovery and
Reinvestment Act of 2009; and
(2) that such public or private entity may be required to
submit a report upon the receipt or redistribution of such
funds pursuant to section 2(a) of the TARP and ARRA Reporting
and Waste Prevention Act.
(h) Penalty for Non-Compliance by a Private Entity.--
(1) In general.--A private entity that fails to submit a
report required under subsection (a) may not enter into any
contract to provide property or services to any Federal agency
or department, and may not receive any grants, loans, or other
funds from any Federal agency or department, if--
(A) the failure to submit such report was
intentional; and
(B) The heads of the private entity knew, within
the 30-day window for submitting such report, that such
report was required to be submitted under this section.
(2) Heads of the private entity defined.--For purposes of
this subsection, the term ''heads of the private entity''
means, if applicable--
(A) the board of directors of the private entity;
(B) the officers of the private entity; and
(C) the partners of the private entity.
(i) Definitions.--For purposes of this section:
(1) Public or private entity.--The term ''public or private
entity'' means--
(A) any Federal agency or department;
(B) any agency or department of a State government;
(C) any agency or department of a political
subdivision of a State; and
(D) any private entity, other than an individual.
(2) Redistributed.--With respect to funds distributed under
title I of the Emergency Economic Stabilization Act of 2008 or
the American Recovery and Reinvestment Act of 2009, the term
''redistributed'' means the distribution of such funds by a
public or private entity to another public or private entity.
Notwithstanding the previous sentence, the term
''redistribution'' shall not include--
(A) distributions made to purchase equipment or
other supplies; or
(B) distributions made for services that are merely
incidental to the purchase of equipment or other
supplies.
(j) Effective Date.--This section shall take effect, with respect
to the reporting requirement of subsections (a) and (c), 60 days after
the date of the enactment of this Act.

SEC. 3. FEDERAL DATABASE.

(a) Establishment.--The Secretary of the Treasury shall establish a
database to hold all information reported to the Secretary under
section 2.
(b) Availability.--The Secretary shall, in coordination with the
Recovery Accountability and Transparency Board, make the information in
the database available to the public on the website recovery.gov, and
in a manner that allows members of the public to easily access such
information.

SEC. 4. WASTE, FRAUD, AND ABUSE HOTLINE.

(a) In General.--The Secretary of the Treasury shall establish,
publicize, and operate a national toll-free telephone number to serve
as a hotline for members of the public to report waste, fraud, or abuse
related to funds distributed under title I of the Emergency Economic
Stabilization Act of 2008 or the American Recovery and Reinvestment Act
of 2009.
(b) Report.--Not later than 90 days after the date of the enactment
of this Act, and quarterly thereafter, the Secretary of the Treasury
shall issue a report to the Congress containing--
(1) a description of the Secretary's compliance with
subsection (a); and
(2) a description of the actions the Secretary is taking to
address instances of waste, fraud, or abuse reported to the
hotline.
(c) Whistleblower Protection.--
(1) In general.--No company, or any officer, employee,
contractor, subcontractor, or agent of such company, may
discharge, demote, suspend, threaten, harass, or in any other
manner discriminate against an employee in the terms and
conditions of employment because of any lawful act done by the
employee--
(A) to provide information, cause information to be
provided, or otherwise assist in an investigation
regarding any conduct which the employee reasonably
believes constitutes waste, fraud, or abuse related to
funds distributed under title I of the Emergency
Economic Stabilization Act of 2008 or the American
Recovery and Reinvestment Act of 2009, where such
waste, fraud, or abuse was reported to the hotline
established under subsection (a); or
(B) to file, cause to be filed, testify,
participate in, or otherwise assist in a proceeding
filed or about to be filed (with any knowledge of the
employer) relating to alleged waste, fraud, or abuse
related to funds distributed under title I of the
Emergency Economic Stabilization Act of 2008 or the
American Recovery and Reinvestment Act of 2009, where
such alleged waste, fraud, or abuse was reported to the
hotline established under subsection (a).
(2) Enforcement action.--
(A) In general.--A person who alleges discharge or
other discrimination by any person in violation of
paragraph (1) may seek relief under paragraph (3), by--
(i) filing a complaint with the Secretary
of Labor; or
(ii) if the Secretary has not issued a
final decision within 180 days of the filing of
the complaint and there is no showing that such
delay is due to the bad faith of the claimant,
bringing an action at law or equity for de novo
review in the appropriate district court of the
United States, which shall have jurisdiction
over such an action without regard to the
amount in controversy.
(B) Procedure.--
(i) In general.--An action under
subparagraph (A)(i) shall be governed under the
rules and procedures set forth in section
42121(b) of title 49, United States Code.
(ii) Notification exception.--Notification
made under section 42121(b)(1) of title 49,
United States Code, shall be made to the person
named in the complaint and to the employer.
(iii) Burdens of proof.--An action brought
under subparagraph (A)(ii) shall be governed by
the legal burdens of proof set forth in section
42121(b) of title 49, United States Code.
(iv) Statute of limitations.--An action
under subparagraph (A) shall be commenced not
later than 90 days after the date on which the
violation occurs.
(3) Remedies.--
(A) In general.--An employee prevailing in any
action under paragraph (2)(A) shall be entitled to all
relief necessary to make the employee whole.
(B) Compensatory damages.--Relief for any action
under subparagraph (A) shall include--
(i) reinstatement with the same seniority
status that the employee would have had, but
for the discrimination;
(ii) the amount of back pay, with interest;
and
(iii) compensation for any special damages
sustained as a result of the discrimination,
including litigation costs, expert witness
fees, and reasonable attorney fees.
(4) Rights retained by employee.--Nothing in this
subsection shall be deemed to diminish the rights, privileges,
or remedies of any employee under any Federal or State law, or
under any collective bargaining agreement.

SEC. 5. RECOVERY ACCOUNTABILITY AND TRANSPARENCY BOARD REQUESTS OF
INSPECTOR GENERALS FOR AUDITS OR INSPECTIONS.

Section 1527(b) of the American Recovery and Reinvestment Act of
2009 is amended by striking ''and the inspector general rejects'' and
all that follows through the end of the subsection and inserting '',
the Board shall make such request available to the public on the
website recovery.gov.''.
A:
TARP and ARRA Reporting and Waste Prevention Act - Requires each public or private entity to provide a detailed report to the Secretary of the Treasury upon either: (1) receipt or redistribution of any funds under title I (Troubled Asset Relief Program [TARP]) of the Emergency Economic Stabilization Act of 2008 (EESA) or the American Recovery and Reinvestment Act of 2009 (ARRA); or (2) entering into a contract for projects or services funded by TARP or ARRA.

Requires a public or private entity that redistributes any TARP or ARRA funds to another public or private entity to give the redistributee notice that: (1) such funds are a redistribution of either TARP funds or ARRA funds; and (2) the redistributee may be required to report to the Secretary.

Instructs the Secretary to: (1) establish a database to hold all such reported information; (2) make the database information available to the public on the website recovery.gov; and (3) establish a national toll-free telephone hotline number for the public to report waste, fraud, or abuse related to either TARP or ARRA funds.

Sets forth whistleblower protections.

Amends ARRA to require the Recovery Accountability and Transparency Board, if it requests that an inspector general conduct or refrain from conducting an audit investigation, to make such request available to the public on the website recovery.gov.