SBA Fraud Enforcement Extension Act

This Act may be cited as the “SBA Fraud Enforcement Extension Act”.

(a) Shuttered venue operators.— Section 324 of division N of the Consolidated Appropriations Act, 2021 (15 U.S.C. 9009a) is amended by adding at the end the following:

“(g) Statute of limitations.— Notwithstanding any other provision of law, any criminal prosecution or civil enforcement action for a violation of, or conspiracy to violate, section 371, 641, 1001, 1028A, 1029, 1341, 1343, 1349, 1956, or 1957 of title 18, United States Code, or section 3729 or 3802 of title 31, United States Code, with respect to any grant for shuttered venue operators under this section shall be filed not later than 10 years after the date of the violation or conspiracy.”.

(b) Restaurant revitalization.— Section 5003 of the American Rescue Plan Act of 2021 (15 U.S.C. 9009c) is amended by adding at the end the following:

“(d) Statute of limitations.— Notwithstanding any other provision of law, any criminal prosecution or civil enforcement action for a violation of, or conspiracy to violate, section 371, 641, 1001, 1028A, 1029, 1341, 1343, 1349, 1956, or 1957 of title 18, United States Code, or section 3729 or 3802 of title 31, United States Code, with respect to any restaurant revitalization grant under this section shall be filed not later than 10 years after the date of the violation or conspiracy.”.

(c) Requirement.— Not later than 90 days after the date of enactment of this Act, and every 90 days thereafter until the date that is 5 years after the date of enactment of this Act, the Attorney General shall submit to Congress a report on activities of the Department of Justice relating to the shuttered venue operators program under section 324 of division N of the Consolidated Appropriations Act, 2021 (15 U.S.C. 9009a) and the restaurant revitalization program under section 5003 of the American Rescue Plan Act of 2021 (15 U.S.C. 9009c), which shall include—

(1) the total number of investigations initiated, the total number of prosecutions initiated, the total dollar amount recovered by prosecutions, and the total number of referrals and source of such referrals; and

(2) with respect to such programs—

(A) the number of investigations initiated, the number of prosecutions initiated, and the disposition of each prosecution;

(B) the number of prosecutions and the number of investigations of applicants of such programs in each State and territory based on the address listed on the application of the entity that is the subject of an investigation or prosecution;

(C) the number of referrals—

(i) from the Department of Justice; and

(ii) from sources other than the Department of Justice, such as the Inspector General of another agency; and

(D) the disposition of each referral described in subparagraph (C), specifically whether the referral resulted in prosecution or declination.