Recover COVID Unemployment Fraud in Banks Act
Introduced
Moved
Reached a final decision
Introduced 2026-05-19
Derived from the official record below.
Officially: “Recover COVID Unemployment Fraud in Banks Act” Read the full text
Finance and Financial Sector
What it does
Recover COVID Unemployment Fraud in Banks Act This bill extends to 10 years the statute of limitations for federal criminal charges or civil enforcement actions for fraud related to several unemployment insurance programs that were established during the COVID-19 pandemic. The bill also establishes a task force to locate fraudulent payments and develop strategies to recover such payments. The extension applies to Pandemic Unemployment Assistance, Federal Pandemic Unemployment Compensation, Mixed Earners Unemployment Compensation, and Pandemic Emergency Unemployment Compensation. The bill exten
Summary by the Congressional Research Service, from the official record. Plain-language AI rewrite coming. Not legal advice.
Where it is
Introduced · 2026-05-19
In the House.
Passed the House · 2026-06-29
Senate floor vote · next
Official documents
Full bill textread it on this site, version rfs (Referred in Senate), as published by GovInfo
officialCongressional Budget Office cost estimatewhat it would cost, by the nonpartisan CBO
officialThe on-site text is shown verbatim from the GovInfo publication, captured 2026-07-23. The same version at GovInfo.
The numbers
29%
of bills that passed one chamber became law in the 118th Congress, 2023 to 2024 (n=939)
3
sponsors, out of 218 needed to pass
Who is lobbying on this
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)via SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)
1 filingFrom 1 filing in federal lobbying disclosures (LDA), via lda.gov, naming this bill (2026). Filings are self-reported by lobbying firms and show who is paid to influence this bill. They do not say which side, or whether it worked.
Every fact on this page links to its source, starting with the official bill record. Last action: Received in the Senate and Read twice and referred to the Committee on Finance. (2026-07-13).