SBA Fraud Enforcement Extension Act
Summary
The SBA Fraud Enforcement Extension Act extends the statute of limitations for prosecuting fraud related to the Shuttered Venue Operators Grant (SVOG) and Restaurant Revitalization Fund (RRF) programs. It amends the Consolidated Appropriations Act, 2021, and the American Rescue Plan Act of 2021, increasing the statute of limitations to 10 years after the violation or conspiracy. This extension applies to criminal prosecutions and civil enforcement actions under specific sections of Title 18 and Title 31 of the U.S. Code.
Expected Effects
This bill aims to provide more time for the government to investigate and prosecute fraud related to pandemic relief programs. By extending the statute of limitations, the government can pursue cases that might otherwise be time-barred. This could lead to increased recovery of fraudulently obtained funds.
Potential Benefits
- Increased ability to prosecute fraud related to pandemic relief programs.
- Potential recovery of fraudulently obtained funds.
- May deter future fraudulent activities related to government programs.
- Strengthened accountability for misuse of taxpayer money.
- Could lead to greater public trust in government programs.
Potential Disadvantages
- Could lead to prosecution of individuals or businesses many years after the alleged offense, potentially impacting their ability to mount a defense.
- Increased government resources spent on investigating older cases.
- Potential for overzealous prosecution due to extended time frame.
- May create uncertainty for businesses that received pandemic relief funds.
- Could disproportionately affect smaller businesses with less access to legal resources.
Constitutional Alignment
The bill aligns with the Constitution's grant of legislative power to Congress under Article I, Section 8, which includes the power to make laws necessary and proper for carrying into execution the powers vested in the government. Extending the statute of limitations for fraud enforcement falls under this power. There are no apparent conflicts with individual rights or liberties outlined in the Bill of Rights, provided due process is followed in any prosecutions.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).