[Congressional Record Volume 171, Number 132 (Thursday, July 31, 2025)]
[Senate]
[Page S5067]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3255. Ms. ERNST submitted an amendment intended to be proposed by 
her to the bill S. 2296, to authorize appropriations for fiscal year 
2026 for military activities of the Department of Defense, for military 
construction, and for defense activities of the Department of Energy, 
to prescribe military personnel strengths for such fiscal year, and for 
other purposes; which was ordered to lie on the table; as follows:

       At the end of subtitle F of title X, add the following:

     SEC. 1067. EXTENSION OF SBA FRAUD ENFORCEMENT.

       (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 received or applied for 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 grant received or applied for under this 
     section shall be filed not later than 10 years after the date 
     of the violation or conspiracy.''.
       (c) Certain Economic Injury Disaster Loans.--Section 7 of 
     the Small Business Act (15 U.S.C. 636) is amended--
       (1) by redesignating the matter appearing between 
     paragraphs (12)(A) and (13) of subsection (a) and designated 
     as subsection (b) (relating to deferred participation in 
     loans) as subparagraph (B) and adjusting the margins 2 ems to 
     the right; and
       (2) in the second subsection (b), relating to disaster 
     loans--
       (A) by inserting after ``(b)'' the following: ``Federal 
     Disaster Loans.--''; and
       (B) by striking the second paragraph (16), relating to the 
     statute of limitations, and inserting the following:
       ``(17) 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, in 
     which 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 (15 U.S.C. 9009(a))) shall be filed not later than 10 
     years after the date of the violation or conspiracy.''.
       (d) Paycheck Protection Program.--Section 7(a)(36) of the 
     Small Business Act (15 U.S.C. 636(a)(36)) is amended by 
     striking subparagraph (W) and inserting the following:
       ``(W) 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, in 
     which a borrower engaged in fraud with respect to a covered 
     loan guaranteed under this paragraph shall be filed not later 
     than 10 years after the offense was committed.''.
       (e) Paycheck Protection Program Second Draw Loans.--Section 
     7(a)(37) of the Small Business Act (15 U.S.C. 636(a)(37)) is 
     amended by striking subparagraph (P) and inserting the 
     following:
       ``(P) 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, in 
     which a borrower engaged in fraud with respect to a covered 
     loan guaranteed under this paragraph shall be filed not later 
     than 10 years after the offense was committed.''.
                                 ______