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EconomyH.R. 826Comments

COVID Fraud Transparency Act of 2026

Official title: To require the Inspector General of the Small Business Administration to submit a quarterly report on fraud relating to certain COVID-19 loans.

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Where the Bill Stands

  1. Introduced, done
  2. Committee, done
  3. Floor Vote, done
  4. Outcome, current stage

What This Bill Does

This bill requires the Small Business Administration's Office of Inspector General to report quarterly to Congress about fraud cases involving certain COVID-19 loans (e.g., Paycheck Protection Program loans).

The report must include the

  • number and total dollar amount of such loans,
  • number of new cases of fraud and suspected fraud,
  • number of fraud cases resolved, and
  • types of such cases of fraud.

The reporting requirements terminate two years after this bill is enacted.

Sponsors

Related Documents

Bill on Congress.govWeb Page ↗ (opens in a new tab)

Timeline

  1. SenateReceived in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
  2. House floor actionsMr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
  3. Library of CongressPassed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
  4. Floor Vote
  5. Passed the House
  6. House floor actionsReported (Amended) by the Committee on Small Business. H. Rept. 119-677.
  7. House committee actionsCommittee Consideration and Mark-up Session Held
  8. Library of CongressIntroduced in House
  9. House floor actionsReferred to the House Committee on Small Business.
  10. Introduced
  11. Committee

Comments

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