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Recover Fraudulent COVID Funds Act

Official title: A bill to extend the statute of limitations for violations relating to pandemic-era programs to be 10 years.

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What Happened in Congress?

Pending

Not yet voted on the floor.

Where the Bill Stands

  1. Introduced, done
  2. Committee, current stage
  3. Floor Vote, not yet
  4. Outcome, not yet

What This Bill Does

This bill extends the statute of limitations (i.e., time limit for bringing a legal action) to 10 years for criminal and civil violations involving specified COVID-19 pandemic relief programs, such as violations involving fraudulent activity. Under current law, the statute of limitations is generally five years for violations concerning these pandemic-era programs. The Paycheck Protection Program and the Economic Injury Disaster Loan Program currently have 10-year statutes of limitations relating to program fraud.

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Related Documents

Timeline

  1. Library of CongressIntroduced in Senate
  2. SenateRead twice and referred to the Committee on the Judiciary.
  3. Introduced
  4. Committee

Comments

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