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SBA Fraud Enforcement Extension Act

Bill Number
S. 1199
Origin Chamber
Senate
Congress
119th Congress, Session 2
Policy Area
Commerce
Status
Passed Senate
Latest Action
2026-05-04: Held at the desk.
Last Updated
2026-05-05T08:05:39Z

AI-Generated Summary

Purpose

The SBA Fraud Enforcement Extension Act (S. 1199) aims to extend the time limit for prosecuting fraud related to two COVID-19 relief programs administered by the Small Business Administration (SBA): the Shuttered Venue Operators Grant (for live entertainment venues) and the Restaurant Revitalization Fund (for restaurants). It also requires regular reporting to Congress on enforcement efforts.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. Ernst, Joni [R-IA]

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