H.R. 7334: COVID-19 EIDL Fraud Statute of Limitations Act of 2022

CBO Score

$500 thousand

Date of Report

Mon June 6th, 2022


The bill would increase revenues from criminal penalties by more than $500,000, beginning in 2026. Those penalties would be spent from the Crime Victims Fund, increasing direct spending by more than $500,000 beginning in 2026.

CBO Report Details

Legislation Details

117th Congress

To extend the statute of limitations for fraud by borrowers under certain COVID-19 economic injury disaster loan programs of the Small Business Administration, and for other purposes.

Sponsor: Rep. Blaine Luetkemeyer — R — MO

Establishes a 10-year statute of limitations for criminal charges and civil enforcement against a borrower who engages in fraud with respect to certain COVID-19 economic injury disaster loan programs.

View the full vote history of this bill on GovTrack.us.

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