119-s-1199119th CongressWALLET

SBA Fraud Enforcement Extension Act

Sponsored By: Senator Ernst, Joni [R-IA]

Passed Senate

Summary

Extends the statute of limitations to 10 years for fraud prosecutions tied to two pandemic grant programs. The bill would also require the Attorney General to send detailed enforcement reports to Congress every 90 days for five years.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Small businesses face 10-year fraud window

If enacted, small businesses that received Restaurant Revitalization or Shuttered Venue Operators grants would face a 10-year window for fraud cases. Criminal prosecutions or civil enforcement tied to these grants would need to be filed within 10 years of the date of the violation or conspiracy. It would cover listed federal criminal and civil statutes related to fraud in these programs. The change would take effect upon enactment. The Attorney General would report to Congress every 90 days for five years on related investigations, prosecutions, recoveries, and referrals.

Sponsors & CoSponsors

Sponsor

Ernst, Joni [R-IA]

IA • R

Cosponsors

  • Sen. McCormick, David [R-PA]

    PA • R

    Sponsored 8/4/2026

Roll Call Votes

No roll call votes available for this bill.

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