Congress gets reports on COVID relief loan fraud

What it does

The bill tells the Small Business Administration's Inspector General to send Congress a report all three months. Each report lists how many COVID-19 relief loans were made. It shows new fraud cases, closed cases, and fraud types. The reports are public. Reporting stops two years after the law starts.

Who it affects

People learn how COVID relief money was stolen. They learn if the agency got the money back. The Small Business Administration faces pressure to catch fraud.

One thing to notice

The reports stop after two years. Congress will not see fraud data after that unless the law changes.

From the analysis of the bill text, linked under Primary records below.

Where it stands

3 cosponsors: 2 Democrats, 1 Republicans.

• Jan 28, 2025 — Introduced · Congress.gov: “Introduced in House”
• Jan 28, 2025 — Referred to House Committee on Small Business and Senate Committee on Small Business and Entrepreneurship · Congress.gov: “Referred to the House Committee on Small Business”
• May 20, 2026 — Markup held in committee · Congress.gov: “Committee Consideration and Mark-up Session Held”
• May 20, 2026 — Reported out of committee · Congress.gov: “Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 23 - 0”
• Jun 23, 2026 — Passed the House · Congress.gov: “On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4141)”
• Jun 23, 2026 — Floor vote scheduled · Congress.gov: “Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended”

Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.

Money around this bill

1 groups reported lobbying about this bill. They filed 1 reports from Dec 2025 to Dec 2025.

Those reports show $980,000 in lobbying spending. Each report lists about 17 bills. So that money was not all for this bill.

More groups named this bill than 0% of bills with any report.

Roger Williams, who sponsored the bill, received $507,351 from PACs for the 2026 election.

• Association of Equipment Manufacturers — $980,000 in 1 report

Lobbying is legal. These reports show who lobbied about this bill, not what changed.

Words to know

• Inspector General — A official who checks if an agency follows rules and spends money right.
• fraud — Lying or cheating to get money or benefits you are not allowed to have.
• COVID-19 relief loans — Money the agency lent to help people and businesses hurt by the pandemic.
• lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
• PACs — Groups that collect money and give it to candidates for office.
• sponsored — To sponsor a bill is to introduce it in Congress and put your name on it.