[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7334 Enrolled Bill (ENR)]

        H.R.7334

                    One Hundred Seventeenth Congress

                                 of the

                        United States of America


                          AT THE SECOND SESSION

           Begun and held at the City of Washington on Monday,
          the third day of January, two thousand and twenty-two


                                 An Act


 
   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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
    This Act may be cited as the ``COVID-19 EIDL Fraud Statute of 
Limitations Act of 2022''.
SEC. 2. EXTENSION OF STATUTE OF LIMITATIONS FOR CERTAIN COVID-19 
ECONOMIC INJURY DISASTER LOAN PROGRAMS.
    (a) Certain Economic Injury Disaster Loans.--Section 7(b) of the 
Small Business Act (15 U.S.C. 636(b)) is amended by inserting after 
paragraph (15) the following new paragraph:
        ``(16) Statute of limitations.--Notwithstanding any other 
    provision of law, any criminal charge or civil enforcement action 
    alleging that a borrower engaged in fraud with respect to a loan 
    made under this subsection in response to COVID-19 during the 
    covered period (as defined in section 1110(a) of the CARES Act) 
    shall be filed not later than 10 years after the offense was 
    committed.''.
    (b) EIDL Advances.--Section 1110(e) of the CARES Act (15 U.S.C. 
9009(e)) is amended by adding at the end the following new paragraph:
        ``(9) Statute of limitations.--Notwithstanding any other 
    provision of law, any criminal charge or civil enforcement action 
    alleging that a borrower engaged in fraud with respect to the use 
    of an advance received under this subsection shall be filed not 
    later than 10 years after the offense was committed.''.
    (c) Targeted EIDL Advances.--Section 331 of the Economic Aid to 
Hard-Hit Small Businesses, Nonprofits, and Venues Act (15 U.S.C. 9009b) 
is amended by adding at the end the following new subsection:
    ``(i) Statute of Limitations.--Notwithstanding any other provision 
of law, any criminal charge or civil enforcement action alleging that a 
borrower engaged in fraud with respect to the use of any amount 
received pursuant to this section shall be filed not later than 10 
years after the offense was committed.''.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.