On Friday, August 5, 2022, the President signed into law:

H.R. 7334, the “COVID–19 EIDL Fraud Statute of Limitations Act of 2022,” which establishes a ten-year statute of limitations for fraud by borrowers under the Small Business Administration’s COVID-19 Economic Injury Disaster Loan programs.

Thank you to Representatives Luetkemeyer, Velazquez, Davids, and Van Duyne.

H.R. 7352, the “PPP and Bank Fraud Enforcement Harmonization Act of 2022,” which establishes a ten-year statute of limitations for fraud by borrowers under the Small Business Administration’s Paycheck Protection Program.

Thank you to Representatives Velazquez, Luetkemeyer, Mfume, Davids, and Van Duyne.

###

Stay Connected

We'll be in touch with the latest information on how President Biden and his administration are working for the American people, as well as ways you can get involved and help our country build back better.

Opt in to send and receive text messages from President Biden.

Scroll to Top Scroll to Top
Top