Summary of Bill S 121
Bill 119 s 121, also known as the "Pandemic-Era Programs Statute of Limitations Extension Act," is a proposed piece of legislation in the US Congress. The bill aims to extend the statute of limitations for violations relating to pandemic-era programs to be 10 years. This means that individuals or entities who commit fraud or other violations in relation to programs implemented during the COVID-19 pandemic would have a longer period of time in which they could be prosecuted for their actions.
The bill is designed to ensure that those who take advantage of pandemic relief programs, such as small business loans or unemployment benefits, are held accountable for their actions. By extending the statute of limitations to 10 years, lawmakers hope to deter fraudulent behavior and protect the integrity of these important programs.
If passed, Bill 119 s 121 would have significant implications for enforcement efforts related to pandemic-era programs. It would give law enforcement agencies and prosecutors more time to investigate and prosecute individuals or entities who engage in fraudulent activities, ultimately helping to safeguard taxpayer dollars and ensure that relief funds are distributed fairly and equitably.
Overall, the Pandemic-Era Programs Statute of Limitations Extension Act is a crucial piece of legislation that seeks to strengthen accountability and oversight in the wake of the COVID-19 pandemic. It underscores the importance of upholding the rule of law and protecting the integrity of government programs during times of crisis.
Congressional Summary of S 121
Recover Fraudulent COVID Funds Act
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.