3.0.0 1476 2024-07-24T15:23:24Z 2024-07-24T15:23:24Z House H HR 2023-03-08 118 [Congressional Record Volume 169, Number 44 (Wednesday, March 8, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. TIMMONS:H.R. 1476.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the U.S. ConstitutionThe single subject of this legislation is:A Bill to identify and report fraudulent PPP Reciepients.[Page H1208]]]> hssm00 Small Business Committee House Standing Referred to 2023-03-08T15:05:35Z hswm00 Ways and Means Committee House Standing Referred to 2023-03-08T15:05:30Z 2023-03-08 Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2023-03-08 Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2023-03-08 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-03-08 Introduced in House IntroReferral 1000 9 Library of Congress T000480 Rep. Timmons, William R. IV [R-SC-4] William Timmons R SC R. 4 N S000250 Rep. Sessions, Pete [R-TX-17] PETE SESSIONS R TX 17 2023-03-24 False G000589 Rep. Gooden, Lance [R-TX-5] Lance Gooden R TX 5 2023-03-24 False Commerce Commerce 2023-04-05T15:15:17Z 00 2023-03-08 Introduced in House 2023-07-26T18:41:18Z PPP Shell Company Discovery Act

This bill requires the Internal Revenue Service (IRS) to compile a list of Paycheck Protection Program (PPP) loan recipients whose loans were forgiven under the program.

Additionally, the IRS must compile (1) a list of such loan recipients who did not withhold payroll taxes in 2019, and (2) a list of loan such recipients for which the aggregate amount of PPP loans exceeded four times the greatest amount of wages paid by the recipient during a calendar month in 2019.

The IRS must notify the Department of Justice when the lists are complete.

]]> PPP Shell Company Discovery Act Display Title 45 PPP Shell Company Discovery Act 2024-07-24T15:23:24Z Short Title(s) as Introduced 101 PPP Shell Company Discovery Act 2024-05-24T13:41:46Z Introduced in House IH Official Title as Introduced 6 To provide for the collection and sharing of information, including tax return information, for purposes of criminal investigations with respect to loans under the Paycheck Protection Program. 2024-03-18T20:26:35Z Introduced in House IH Introduced in House 2023-03-08T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr1476ih/xml/BILLS-118hr1476ih.xml 2023-03-08 Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.