SBA Fraud Enforcement Extension Act

The SBA Fraud Enforcement Extension Act would, for several pandemic-era relief programs, extend the statute of limitations for pursuing fraud-related criminal prosecutions and civil enforcement actions to 10 years from the date of the violation or conspiracy. Specifically, the bill adds a 10-year deadline to actions involving Shuttered Venue Operators Grants, Restaurant Revitalization Grants, certain COVID-era Economic Injury Disaster Loans (EIDL), and Paycheck Protection Program (PPP) loans (including the PPP Second Draw). The provision applies to a broad set of fraud-related offenses (such as fraud, false statements, theft, and civil False Claims Act violations) and to both criminal and civil enforcement actions. The goal is to give authorities more time to detect, investigate, and pursue fraud in these pandemic relief programs. The bill is named the SBA Fraud Enforcement Extension Act. It amends several existing statutes to insert this uniform 10-year limitation period and covers actions against recipients or applicants for these relief funds. It also clarifies that the extensions apply notwithstanding other laws, ensuring a consistent enforcement window across the covered programs.