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Extending Prosecution Time Limit for COVID-19 Relief Fund Fraud.

This bill extends the time limit for federal authorities to file charges against individuals who committed financial fraud related to COVID-19 pandemic relief programs to 10 years. This change gives the government more time to investigate and recover public funds that were improperly obtained, protecting taxpayer money. It increases accountability for the misuse of public funds.
Key points
The statute of limitations for offenses involving pandemic-era programs (like PPP, CARES Act) is extended from the standard period to 10 years.
This applies to fraud committed under major relief laws passed between 2020 and 2021, giving authorities more time for investigation.
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Additional Information
Print number: 118_S_5551
Sponsor: Sen. Lankford, James [R-OK]
Process start date: 2024-12-17