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To require the Administrator of the Small Business Administration to provide a link to resources for submitting reports on suspected fraud relating to certain COVID-19 loans.

3/18/2024, 10:21 PM

Congressional Summary of HR 5426

This bill requires the Small Business Administration (SBA) to include on its primary website a link to resources for reporting fraud, waste, abuse, and misconduct, including resources for reporting cases of suspected fraud with respect to certain COVID-19 loans (e.g., Paycheck Protection Program loans).

The SBA must publish the link not later than 30 days after the bill is enacted.

Current Status of Bill HR 5426

Bill HR 5426 is currently in the status of Bill Introduced since September 13, 2023. Bill HR 5426 was introduced during Congress 118 and was introduced to the House on September 13, 2023.  Bill HR 5426's most recent activity was Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. as of March 5, 2024

Bipartisan Support of Bill HR 5426

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5426

Primary Policy Focus

Commerce

Potential Impact Areas

- Cardiovascular and respiratory health
- Digital media
- Fraud offenses and financial crimes
- Government lending and loan guarantees
- Infectious and parasitic diseases
- Small business

Alternate Title(s) of Bill HR 5426

To require the Administrator of the Small Business Administration to provide a link to resources for submitting reports on suspected fraud relating to certain COVID-19 loans.
To require the Administrator of the Small Business Administration to provide a link to resources for submitting reports on suspected fraud relating to certain COVID-19 loans.

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