The Strengthening Taxpayer Recoveries Act would tighten oversight and enforcement of COVID-19 relief programs distributed to small businesses. The bill requires the Small Business Administration to refer claims for unpaid COVID-19 loans under $100,000 to the Treasury Department for collection and mandates monthly briefings to Congress on collection efforts. It extends the Special Inspector General for Pandemic Recovery's authority and funding through September 30, 2030, and establishes a 10-year statute of limitations for filing fraud charges related to pandemic relief loans and grants. The legislation also requires the Attorney General to submit monthly reports to Congress detailing pandemic relief fraud prosecutions, recoveries, and declined cases, and directs the Pandemic Response Accountability Committee to publish real-time data on recovered pandemic funds. These provisions aim to strengthen accountability and increase recovery of improperly distributed COVID-19 relief funds.
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