SBA Fraud Enforcement Extension Act
Officially: “SBA Fraud Enforcement Extension Act” Read the full text
What it does
Read it in plain language
1Short title
This section gives the Act its official name: the SBA Fraud Enforcement Extension Act.
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1. Short title This Act may be cited as the SBA Fraud Enforcement Extension Act .
2Statute of limitations for certain programs
This section would add a new 10-year time limit for pursuing fraud connected to two pandemic-era grant programs, in each case by adding a new subsection to the end of existing law rather than changing anything already there. For Shuttered Venue Operators grants, it would add subsection (g) to section 324 of division N of the Consolidated Appropriations Act, 2021 (15 U.S.C. 9009a), stating that despite any other provision of law, a criminal prosecution or civil enforcement action for violating, or conspiring to violate, section 371, 641, 1001, 1028A, 1029, 1341, 1343, 1349, 1956, or 1957 of title 18 of the United States Code, or section 3729 or 3802 of title 31 of the United States Code, in connection with a Shuttered Venue Operators grant, must be filed no later than 10 years after the date of the violation or conspiracy. For Restaurant Revitalization grants, it would add subsection (d) to section 5003 of the American Rescue Plan Act of 2021 (15 U.S.C. 9009c), setting the same 10-year filing deadline, measured from the date of the violation or conspiracy, for a criminal prosecution or civil enforcement action under the same list of criminal and civil fraud statutes when connected to a restaurant revitalization grant.
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2. Statute of limitations for certain programs (a) Shuttered venue operators Section 324 of division N of the Consolidated Appropriations Act, 2021 ( 15 U.S.C. 9009a ) is amended by adding at the end the following: (g) Statute of limitations Notwithstanding any other provision of law, any criminal prosecution or civil enforcement action for a violation of, or conspiracy to violate, section 371, 641, 1001, 1028A, 1029, 1341, 1343, 1349, 1956, or 1957 of title 18, United States Code, or section 3729 or 3802 of title 31, United States Code, with respect to any grant for shuttered venue operators under this section shall be filed not later than 10 years after the date of the violation or conspiracy. . (b) Restaurant revitalization Section 5003 of the American Rescue Plan Act of 2021 ( 15 U.S.C. 9009c ) is amended by adding at the end the following: (d) Statute of limitations Notwithstanding any other provision of law, any criminal prosecution or civil enforcement action for a violation of, or conspiracy to violate, section 371, 641, 1001, 1028A, 1029, 1341, 1343, 1349, 1956, or 1957 of title 18, United States Code, or section 3729 or 3802 of title 31, United States Code, with respect to any restaurant revitalization grant under this section shall be filed not later than 10 years after the date of the violation or conspiracy. .
Where it is
In the House.