0
0
0
COVID Fraud Transparency Act of 2025
2/26/2025, 5:23 AM
Summary of Bill HR 826
Bill 119 HR 826, also known as the "Small Business Administration Inspector General Fraud Reporting Act," aims to address concerns regarding fraud related to COVID-19 loans provided by the Small Business Administration (SBA). The bill requires the Inspector General of the SBA to submit a quarterly report specifically focused on fraud related to certain COVID-19 loans.
The purpose of this legislation is to increase transparency and accountability within the SBA by ensuring that instances of fraud are promptly identified and reported. By requiring the Inspector General to submit quarterly reports on fraud relating to COVID-19 loans, Congress hopes to prevent misuse of funds and protect small businesses that are in genuine need of financial assistance during the ongoing pandemic.
This bill does not propose any specific measures to combat fraud, but rather focuses on the reporting aspect of the issue. By mandating regular reporting on fraud related to COVID-19 loans, lawmakers aim to create a system of oversight that will help identify patterns of fraud and inform future policy decisions. Overall, Bill 119 HR 826 seeks to address concerns about fraud in the distribution of COVID-19 loans by increasing transparency and accountability within the SBA. It is a step towards ensuring that funds intended to support small businesses during the pandemic are used appropriately and effectively.
The purpose of this legislation is to increase transparency and accountability within the SBA by ensuring that instances of fraud are promptly identified and reported. By requiring the Inspector General to submit quarterly reports on fraud relating to COVID-19 loans, Congress hopes to prevent misuse of funds and protect small businesses that are in genuine need of financial assistance during the ongoing pandemic.
This bill does not propose any specific measures to combat fraud, but rather focuses on the reporting aspect of the issue. By mandating regular reporting on fraud related to COVID-19 loans, lawmakers aim to create a system of oversight that will help identify patterns of fraud and inform future policy decisions. Overall, Bill 119 HR 826 seeks to address concerns about fraud in the distribution of COVID-19 loans by increasing transparency and accountability within the SBA. It is a step towards ensuring that funds intended to support small businesses during the pandemic are used appropriately and effectively.
Congressional Summary of HR 826
COVID Fraud Transparency Act of 2025
This bill requires the Small Business Administration's Office of Inspector General to report quarterly about fraud cases involving certain COVID-19 loans (e.g., Paycheck Protection Program loans).
Read the Full Bill
Current Status of Bill HR 826
Bill HR 826 is currently in the status of Bill Introduced since January 28, 2025. Bill HR 826 was introduced during Congress 119 and was introduced to the House on January 28, 2025. Bill HR 826's most recent activity was Referred to the House Committee on Small Business. as of January 28, 2025
Bipartisan Support of Bill HR 826
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
2Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 826
Primary Policy Focus
Alternate Title(s) of Bill HR 826
To require the Inspector General of the Small Business Administration to submit a quarterly report on fraud relating to certain COVID-19 loans.
To require the Inspector General of the Small Business Administration to submit a quarterly report on fraud relating to certain COVID-19 loans.
Comments
Sponsors and Cosponsors of HR 826
Latest Bills
A resolution commending the American Chemical Society on the occasion of its 150th anniversary and recognizing its many years of service to the United States.
Bill SRES 702May 4, 2026
Commending the American Chemical Society on the occasion of its 150th anniversary and recognizing its many years of service to the United States.
Bill HRES 1157May 4, 2026
A resolution supporting the mission and goals of National Fentanyl Awareness Day in 2026, including increasing individual and public awareness of the impact of fake or counterfeit fentanyl pills on families and young people.
Bill SRES 704May 4, 2026
Supporting the mission and goals of National Fentanyl Awareness Day in 2026, including increasing individual and public awareness of the impact of fake or counterfeit fentanyl pills on families and young people.
Bill HRES 1234May 4, 2026
A resolution expressing support for the designation of the week of May 3, 2026, through May 9, 2026, as "National Small Business Week" to celebrate the contributions of small businesses and entrepreneurs in every community in the United States.
Bill SRES 703May 4, 2026
A resolution designating the week of April 20 through 26, 2026, as "National Dark Sky Week".
Bill SRES 701May 4, 2026
A resolution recognizing the significance of Community College Month in April as a celebration of more than 1,000 institutions throughout the United States supporting access to higher education, workforce training, and more broadly sustaining and advancing the economic prosperity of the United States.
Bill SRES 686May 4, 2026
A resolution designating the week of April 20 through April 24, 2026, as "National Home Visiting Week".
Bill SRES 692May 4, 2026
A bill to amend the FISA Amendments Act of 2008 to extend the authorities of title VII of the Foreign Intelligence Surveillance Act of 1978, and for other purposes.
Bill S 4465May 4, 2026
A resolution recognizing and supporting the goals and ideals of National Sexual Assault Awareness and Prevention Month.
Bill SRES 693May 4, 2026