Sponsored by Aaron Bean (R)
To require the Inspector General of the Small Business Administration to submit a quarterly report on fraud relating to certain COVID-19 loans.
Would have required the SBA inspector general to report fraud in certain COVID-19 loans every three months.
Tradeoff
Would have added a regular public fraud report on small business COVID-19 loans. The report would have covered Paycheck Protection Program (PPP) loans and certain disaster loans.
What's in it
Passed the House by on November 30, 2023. The Senate never voted on it before the Congress ended, so the bill expired.
House
Introduced
(Jul 17, 2023)
House
Committee on Small Business(Jul 17, 2023)
House
The Committee on Small Business voted to send it to the floor
Reported 26 - 0(Jul 18, 2023)
Committee report H. Rept. 118-182.
House
Passage of the bill
Passed by (Nov 30, 2023)
No individual votes were recorded.
Senate
Received from the House
on Small Business and Entrepreneurship(Dec 4, 2023)
- Kweisi Mfume (D-MD)
- Nick LaLota (R-NY)
- Dean Phillips (D-MN)