Bill > S1199

This bill, titled the SBA Fraud Enforcement Extension Act, extends the time limit for bringing legal action related to fraud in certain pandemic relief programs administered by the Small Business Administration (SBA). Specifically, it increases the statute of limitations, which is the deadline for filing criminal prosecutions or civil enforcement actions, to 10 years from the date of the violation or conspiracy for both the Shuttered Venue Operators Grant program and the Restaurant Revitalization Grant program. These programs were established to provide financial assistance to businesses impacted by the COVID-19 pandemic. The bill also mandates that the Attorney General report to Congress every 90 days for five years on the Department of Justice's enforcement activities concerning these two programs, including details on investigations, prosecutions, recoveries, and referrals.