Requires collection of COVID small business loans, extends fraud investigations for pandemic relief programs.
This bill would stop the government from pausing payments on certain COVID-19 small business loans. It would also give investigators more time to look into fraud related to various pandemic relief programs, extending the deadline for fraud charges to 10 years. Additionally, it would extend the work of the Special Inspector General for Pandemic Recovery until September 30, 2030.
Today, the government can sometimes suspend collections on COVID-19 related small business loans, and the time limit for fraud enforcement actions varies across different pandemic relief programs. This bill would prohibit the suspension of collections on these loans and set a consistent 10-year time limit for fraud enforcement actions across several key COVID-19 relief programs. It would also extend the Special Inspector General for Pandemic Recovery's term until September 30, 2030.
S 68 · 119th Congress · January 9, 2025 · AI Summary by gemini-2.5-flash · 8/10
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