SBA Fraud Enforcement Extension Act

This provision amends the Consolidated Appropriations Act, 2021, to extend the period during which criminal prosecutions or civil enforcement actions can be filed for fraud related to the Shuttered Venue Operators grant program. Instead of the standard five years, the new limit is ten years from the date of the violation or conspiracy. This applies to various federal fraud statutes, including conspiracy, theft, false statements, wire fraud, and money laundering.

Similar to the SVO provision, this section amends the American Rescue Plan Act of 2021 to extend the statute of limitations for fraud related to the Restaurant Revitalization Fund program. Any criminal prosecution or civil enforcement action for fraud concerning RRF grants must now be filed within 10 years of the violation or conspiracy, doubling the previous standard period. This applies to the same set of federal fraud statutes as the SVO provision.

This section mandates that the Attorney General submit a report to Congress every 90 days for five years following the bill's enactment. These reports must detail the Department of Justice's activities related to fraud in both the SVO and RRF programs. The reports must include the total number of investigations and prosecutions initiated, the total dollar amount recovered, the number and source of referrals, and specific breakdowns by state/territory and the disposition of each prosecution and referral.