summary
Introduced
06/26/2025
06/26/2025
In Committee
06/26/2025
06/26/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To amend the CARES Act to extend the Pandemic Response Accountability Committee, and to require such Committee submit a report on the extension of statute of limitations for Paycheck Protection Program loans.
AI Summary
This bill extends the mandate of the Pandemic Response Accountability Committee (PRAC) from 2025 to 2030, effectively giving the committee five more years to continue its oversight work related to pandemic response spending. The bill also requires the PRAC to submit a report to Congress by September 30, 2030, analyzing the impact of statute of limitations extensions for Paycheck Protection Program (PPP) loans. The PPP was a key economic relief program created during the COVID-19 pandemic to help small businesses retain employees by providing loan forgiveness under certain conditions. The bill, titled the "Accountability Doesn't Expire Act," aims to ensure continued accountability and transparency in the government's pandemic-related financial assistance programs by maintaining the PRAC's investigative capabilities and requiring a comprehensive review of loan statute of limitations changes.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 06/26/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/4210/all-info |
| BillText | https://www.congress.gov/119/bills/hr4210/BILLS-119hr4210ih.pdf |
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