S 68
· 119th Congress
· Commerce
Complete COVID Collections Act
Sponsor
Latest action
Placed on Senate Legislative Calendar under General Orders. Calendar No. 8.
Action timeline
Every recorded action on this bill, newest first. Stage badges color-code the legislative path.
Feb 10, 2025
committee
Committee on Small Business and Entrepreneurship. Reported by Senator Ernst with amendments. Without written report.
Small Business and Entrepreneurship Committee
Feb 10, 2025
other
Placed on Senate Legislative Calendar under General Orders. Calendar No. 8.
Feb 05, 2025
committee
Committee on Small Business and Entrepreneurship. Ordered to be reported with amendments favorably.
Small Business and Entrepreneurship Committee
Jan 09, 2025
introduced
Introduced in Senate
Jan 09, 2025
introduced
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Small Business and Entrepreneurship Committee
Text versions
Each stage of the bill — official text published by GPO. Click any format to read on congress.gov / govinfo.
Changelog
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih / is — Introduced in House / Senate. First filed version.rfh / rfs — Referred to a committee for review.rh / rs — Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs / pch — Placed on Calendar for floor consideration.eh / es — Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh / rds — Received by the other chamber.eah / eas — Engrossed Amendment. The other chamber passed an amended version.ath / ats — Agreed to. Both chambers settled on the same text.enr — Enrolled. Final reconciled text, sent to the President.pl — Public Law. Signed by the President. It's now law.pp — Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih/is— Introduced in House / Senate. First filed version.rfh/rfs— Referred to a committee for review.rh/rs— Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs/pch— Placed on Calendar for floor consideration.eh/es— Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh/rds— Received by the other chamber.eah/eas— Engrossed Amendment. The other chamber passed an amended version.ath/ats— Agreed to. Both chambers settled on the same text.enr— Enrolled. Final reconciled text, sent to the President.pl— Public Law. Signed by the President. It's now law.pp— Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
Line-level diff between text versions of this bill — what actually changed at each legislative stage.
+64
−30
75 unchanged
--- Introduced (Senate)
+++ Reported (Senate)
@@ -1,8 +1,9 @@
[From the U.S. Government Publishing Office]
-[S. 68 Introduced in Senate (IS)]
+[S. 68 Reported in Senate (RS)]
<DOC>
+Calendar No. 8
119th CONGRESS
1st Session
S. 68
@@ -16,9 +17,15 @@
January 9, 2025
-Ms. Ernst (for herself, Mr. Young, Mrs. Blackburn, Mr. Lankford, and
-Mr. Curtis) introduced the following bill; which was read twice and
-referred to the Committee on Small Business and Entrepreneurship
+Ms. Ernst (for herself, Mr. Young, Mrs. Blackburn, Mr. Lankford, Mr.
+Curtis, Mr. Schmitt, and Mr. Hawley) introduced the following bill;
+which was read twice and referred to the Committee on Small Business
+and Entrepreneurship
+
+February 10, 2025
+
+Reported by Ms. Ernst, with amendments
+[Omit the parts struck through and insert the parts printed in italic]
_______________________________________________________________________
@@ -45,7 +52,7 @@
amounts made available for COVID-19 relief under--
(A) the Coronavirus Preparedness and Response
Supplemental Appropriations Act, 2020 (Public Law 116-
-123; 134 Stat 146);
+123; 134 Stat. 146);
(B) the Families First Coronavirus Response Act
(Public Law 116-127; 134 Stat. 178);
(C) the CARES Act (Public Law 116-136; 134 Stat.
@@ -54,7 +61,7 @@
Enhancement Act (Public Law 116-139; 134 Stat. 620);
(E) division M or N of the Consolidated
Appropriations Act, 2021 (Public Law 116-260; 134 Stat.
-1909); or
+1909 1182); or
(F) the American Rescue Plan Act of 2021 (Public
Law 117-2; 135 Stat. 4).
(3) Covered loan.--The term ``covered loan'' means--
@@ -93,8 +100,8 @@
subparagraph (A)--
(A) by inserting ``or the Administrator of the
Small Business Administration (referred to in this
-section as the `Administrator')'' after ``the Secretary
-of the Treasury'';
+section subsection as the `Administrator')'' after
+``the Secretary of the Treasury'';
(B) by inserting ``or the Administrator'' after
``established by the Secretary'';
(C) by inserting ``or any assistance provided under
@@ -103,20 +110,21 @@
(D) by inserting ``or the Administrator'' after
``management by the Secretary'';
(2) in subsection (h), by striking ``the date 5 years after
-March 27, 2020'' and inserting ``September 30, 2030''; and
+March 27, 2020 the enactment of this Act'' and inserting
+``September 30, 2030''; and
(3) by adding at the end the following:
``(k) Coordination and Provision of Information.--
``(1) Coordination.--In carrying out the duties,
responsibilities, and authorities of the Special Inspector
General under this section, the Special Inspector General shall
coordinate with, and receive the cooperation of, the
-Administrator and the Inspector General of the Small Business
-Administration.
-``(2) Information.--The Administrator shall provide data
-and information related to covered programs to the Special
-Inspector General in the same manner as the Administrator
-provides that data and information to the Inspector General of
-the Small Business Administration.
+Administrator of the Small Business Administration and the
+Inspector General of the Small Business Administration.
+``(2) Information.--The Administrator of the Small Business
+Administration shall provide data and information related to
+covered programs to the Special Inspector General in the same
+manner as the Administrator provides that data and information
+to the Inspector General of the Small Business Administration.
``(l) Covered Program.--In this section, the term `covered program'
has the meaning given the term in section 2 of the Complete COVID
Collections Act.''.
@@ -137,19 +145,19 @@
amended by adding at the end the following:
``(g) Fraud Enforcement Harmonization.--Notwithstanding any other
provision of law, any criminal charge or civil enforcement action
-alleging that a business, State, or municipality engaged in fraud or
-similarly related crime with respect to any grant made under this
-section shall be filed not later than 10 years after the offense was
-committed.''.
+alleging that a business, State, or municipality an eligible person or
+entity engaged in fraud or similarly related crime with respect to any
+grant made under this section shall be filed not later than 10 years
+after the offense was committed.''.
(c) Restaurant Revitalization Grants.--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) Fraud Enforcement Harmonization.--Notwithstanding any other
provision of law, any criminal charge or civil enforcement action
-alleging that a business, State, or municipality engaged in fraud or
-similarly related crime with respect to any grant made under this
-section shall be filed not later than 10 years after the offense was
-committed.''.
+alleging that a business, State, or municipality an eligible entity
+engaged in fraud or similarly related crime with respect to any grant
+made under this section shall be filed not later than 10 years after
+the offense was committed.''.
SEC. 5. PROHIBITION ON SUSPENDING COLLECTIONS ON SBA LOANS RELATED TO
COVID-19.
@@ -192,23 +200,24 @@
(a) Requirement.--Not later than 90 days after the date of
enactment of this Act, and every month thereafter, the Attorney General
-shall submit to Congress a report on activities related to covered
-programs, which shall include--
+shall submit to Congress a report on activities of the Department of
+Justice related to covered programs, which shall include--
(1) a summary of the information contained in the report,
specifically the total number of prosecutions, the total dollar
amount recovered by prosecutions, the total number of referrals
and source of such referrals, and the total number of declined
cases and reasons for declining;
(2) with respect to each covered program--
-(A) the number and disposition of each prosecution;
+(A) the number of prosecutions and disposition of
+each prosecution;
(B) the dollar amount recovered from prosecutions;
(C) the number of declined cases and the reasons
for declining;
(D) the number of referrals--
(i) from the Department of Justice; and
(ii) from sources other than the Department
-of Justice, such as other inspectors general;
-and
+of Justice, such as other inspectors general of
+other agencies; and
(E) the disposition of each referral described in
subparagraph (D), specifically whether the referral
resulted in prosecution or declination; and
@@ -224,4 +233,29 @@
time data relating to covered funds recovered by the Federal
Government, which shall be broken out by type of covered funds and
dollar amount of covered funds recovered by the Federal Government.
-<all>
+
+SEC. 8. FRAUD RECOVERY COLLECTIONS.
+
+Any collection of amounts that were obtained through a covered
+program as a result of fraud shall be applied solely towards reduction
+of the Federal debt.
+Calendar No. 8
+
+119th CONGRESS
+
+1st Session
+
+S. 68
+
+_______________________________________________________________________
+
+A BILL
+
+To prohibit the suspension of collections on loans made to small
+businesses related to COVID-19, and for other purposes.
+
+_______________________________________________________________________
+
+February 10, 2025
+
+Reported with amendments
Cosponsors (6)
Members who signed on to support this bill.