SBA Fraud Enforcement Extension Act
Bill extends fraud enforcement to 10 years for pandemic restaurant and venue grants
Stalled
No legislative action in over 90 days.
Legislative Progress
Key Points
- The government gets up to 10 years to charge or sue people who cheated pandemic grants for restaurants and live venues.
- It only applies to restaurant and venue grants, not other pandemic aid programs.
- The aim is to recover stolen money and discourage fraud, which could help taxpayers and honest businesses.
- Businesses that followed the rules are not the target, but keeping records is smart in case questions come up.
- More time to act means investigators can build stronger cases, even if scammers tried to hide money or wait it out.
Impact Analysis
Personal Impact
How this policy affects specific groups of people
Milestones
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 281.
The bill is now on the schedule for the full chamber to consider. It's in line for debate and a vote.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H4914-4916)
The House fast-tracked this bill — limited debate, no amendments allowed, but needs two-thirds support to pass.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H4914-4916)
The House fast-tracked this bill — limited debate, no amendments allowed, but needs two-thirds support to pass.
DEBATE - The House proceeded with forty minutes of debate on H.R. 4495.
Votes
No votes have been recorded for this legislation yet.
News
Pandemic watchdog calls the number of investigations into arts and restaurant bailouts 'underwhelming' and 'embarrassing'
Source Information
Document Type
Congressional Bill
Official Title
SBA Fraud Enforcement Extension Act
Data Sources
Sponsor
Cosponsors
(2)Analysis generated by AI. Always verify with official sources.