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 states that the Act may be called 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 set a 10-year statute of limitations for pursuing fraud connected to two pandemic-era small business grant programs. For Shuttered Venue Operators grants under section 324 of division N of the Consolidated Appropriations Act, 2021 (15 U.S.C. 9009a), this section would add a new subsection stating that, notwithstanding any other provision of law, any criminal prosecution or civil enforcement action for violating, or conspiring to violate, section 371, 641, 1028A, 1029, 1341, 1343, 1344, 1349, 1956, or 1957 of title 18, United States Code, or section 3729 or 3801 of title 31, United States Code, with respect to a shuttered venue operator grant received under that program, must be brought no later than 10 years after the date of the violation or conspiracy. For Restaurant Revitalization Fund grants under section 5003 of the American Rescue Plan Act of 2021 (15 U.S.C. 9009c), this section would add an identical new subsection: notwithstanding any other provision of law, any criminal prosecution or civil enforcement action for violating, or conspiring to violate, the same list of title 18 and title 31 sections, with respect to a restaurant revitalization grant received under that program, must be brought no later than 10 years after the date of the violation or conspiracy.
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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, 1028A, 1029, 1341, 1343, 1344, 1349, 1956, or 1957 of title 18, United States Code, or section 3729 or 3801 of title 31, United States Code, with respect to any grant for shuttered venue operators received under this section shall be brought 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, 1028A, 1029, 1341, 1343, 1344, 1349, 1956, or 1957 of title 18, United States Code, or section 3729 or 3801 of title 31, United States Code, with respect to any restaurant revitalization grant received under this section shall be brought not later than 10 years after the date of the violation or conspiracy. .
Where it is
In the Senate.