1. Robocaller bounty pilot program (a) Establishment Not later than 180 days after the date of the enactment of this Act, the Federal Communications Commission and the Federal Trade Commission shall jointly establish a robocaller bounty pilot program to reduce violations of section 227 of the Communications Act of 1947 ( 47 U.S.C. 227 ) and the do-not-call registry. (b) Requirements In establishing the pilot program under subsection (a), the Federal Communications Commission and the Federal Trade Commission shall jointly— (1) provide monetary compensation for the identification, apprehension, and prevention of future robocalls and fraudulent callers; (2) develop an expeditious process for participants in the pilot program to submit an expedited background check, as determined by the Federal Communications Commission and the Federal Trade Commission, and approval for participation into the program; (3) develop a fee-sharing structure for participants to share in funds recovered from violations in addition to payment for participation in program; (4) consult with the Attorney General on how to ensure participants of the pilot program are protected from prosecution for specific activities authorized under the pilot program; (5) award competitive contracts as necessary to manage the pilot program and for addressing the vulnerabilities identified as a consequence of the pilot program