SBA Fraud Enforcement Extension Act

This bill gives the government more time to go after fraud in two COVID-19 small business aid programs: the Shuttered Venue Operators Grants and the Restaurant Revitalization Fund. It sets a 10-year deadline to file criminal or civil cases for fraud, false statements, identity theft, mail or wire fraud, money laundering, and similar crimes tied to these grants.

Key points

• Who is affected: People and businesses that received these grants, and anyone who may have cheated these programs; also law enforcement and agencies that bring cases.
• What changes: The time limit to bring criminal or civil cases is set at up to 10 years for violations related to these grants.
• When: Cases must be filed within 10 years from the date the violation happened.