Section 415 of the Act established “an account of the Office in the Treasury of the United States for the payment of awards and settlements . . . under this Act,” and further authorized to be appropriated “such sums as may be necessary to pay such awards and settlements.” Section 415 stipulated that awards and settlements under the Act can only be paid from that account, which is to be separate from the operating expenses account of the Office of Compliance established under section 305 of the Act. The Executive Director approves all such awards and settlements.
In FY 2016, a total of $573,929 was awarded and disbursed under 14 settlements made under section 415 of the CAA. In FY 2017, 8 settlements have been awarded totaling $934,754.
