H.R. 5426House118th Congress (2023-2025)Passed House

To require the Administrator of the Small Business Administration to provide a link to resources for submitting reports on suspected fraud relating to certain COVID-19 loans.

Introduced September 13, 2023

AI-Generated Summary

Updated January 20, 2026 at 11:20 AM UTC

The bill requires the Small Business Administration (SBA) Administrator to add a link on the SBA’s main website that directs users to the Office of Inspector General’s fraud‑reporting site. The link must be posted within 30 days of the law’s enactment and provide resources for reporting suspected fraud, waste, abuse, mismanagement, or misconduct involving certain COVID‑19 related SBA loans. It applies to loans made under specific SBA loan programs that were issued in response to the pandemic.

Key Provisions

  • SBA must place a link on its primary website to the OIG’s fraud‑reporting page within 30 days of enactment.
  • The linked resource must allow individuals to report suspected fraud, waste, abuse, mismanagement, or misconduct related to “covered loans.”
  • “Covered loans” are defined as SBA loans made under specific sections of the Small Business Act in response to COVID‑19 during the CARES Act covered period.

Legislative Activity

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14 earlier actions
SenateIntro Referral Latest Action

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

March 5, 2024

View full timeline
HouseIntro Referral

Introduced in House

September 13, 2023

HouseIntro Referral

Referred to the House Committee on Small Business.

September 13, 2023

HouseCommittee

Committee Consideration and Mark-up Session Held

September 14, 2023

HouseCommittee

Ordered to be Reported by the Yeas and Nays: 22 - 0.

September 14, 2023

HouseCommittee

Reported by the Committee on Small Business. H. Rept. 118-220.

September 26, 2023

HouseCalendars

Placed on the Union Calendar, Calendar No. 179.

September 26, 2023

HouseFloor

Mr. Williams (TX) moved to suspend the rules and pass the bill.

February 28, 2024 • 5:35 PM

HouseFloor

Considered under suspension of the rules. (consideration: CR H726-727)

February 28, 2024 • 5:35 PM

HouseFloor

DEBATE - The House proceeded with forty minutes of debate on H.R. 5426.

February 28, 2024 • 5:36 PM

HouseFloor

At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Williams (TX) objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.

February 28, 2024 • 5:43 PM

HouseFloor

Considered as unfinished business. (consideration: CR H766)

February 29, 2024 • 2:17 PM

HouseFloor

Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: 2/28/2024 CR H726)

February 29, 2024 • 2:17 PM

HouseFloor

On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: 2/28/2024 CR H726)

February 29, 2024 • 2:17 PM

HouseFloor

Motion to reconsider laid on the table Agreed to without objection.

February 29, 2024 • 2:18 PM

SenateIntro Referral

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

March 5, 2024

Floor Debate

3 members

What members said about H.R. 5426 on the floor

2 Republicans1 Democrat
Roger Williams
Rep. Roger WilliamsR-TX-25 · Feb 28, 2024

Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 5426) to require the Administrator of the Small Business Administration to provide a link to resources for submitting reports on…

Nydia M. Velázquez
Rep. Nydia M. VelázquezD-NY-7 · Feb 28, 2024

Mr. Speaker, I yield myself such time as I may consume. Today we are considering H.R. 5426, which will require the SBA to put a link to the IG's fraud hotline on its website for whistleblowers to…

Beth Van Duyne
Rep. Beth Van DuyneR-TX-24 · Feb 28, 2024

Mr. Speaker, I thank the chairman for his support of this legislation. During the COVID-19 pandemic, the Small Business Administration oversaw what has been described as ``the biggest fraud in a…

Bill Text

4 versions available

Reading Mode
Latest
Referred in SenateIssued March 5, 2024

IIB

118th CONGRESS

2d Session

H. R. 5426

IN THE SENATE OF THE UNITED STATES

March 5, 2024

Received; read twice and referred to the Committee on Small Business and Entrepreneurship

AN ACT

To require the Administrator of the Small Business Administration to provide a link to resources for submitting reports on suspected fraud relating to certain COVID–19 loans.


1.

Website to report fraud relating to certain COVID–19 loans

(a)

In general

Not later than 30 days after the date of the enactment of this Act, the Administrator of the Small Business Administration shall include on the primary website of the Administration a link to a website of the Office of the Inspector General of the Small Business Administration regarding reporting fraud, waste, abuse, mismanagement, and misconduct, and containing a resource for individuals to report suspected cases of fraud with respect to a covered loan to the Administration.

(b)

Covered loan defined

In this section, the term covered loan means—

(1)

a loan made under paragraph (36) or (37) of section 7(a) of the Small Business Act (15 U.S.C. 636(a)); or

(2)

a loan made under section 7(b) of such Act (15 U.S.C. 636(b)) in response to COVID–19 during the covered period (as defined in section 1110(a) of the CARES Act (15 U.S.C. 9009)).

Passed the House of Representatives February 29, 2024.

Kevin F. McCumber,

Clerk.