This bill requires the Inspector General of the Small Business Administration to provide quarterly reports on fraud related to COVID-19 loans.
COVID Fraud Transparency Act of 2026This bill requires the Small Business Administration's Office of Inspector General to report quarterly to Congress about fraud cases involving certain COVID-19 loans (e. g., Paycheck Protection Program loans). The report must include thenumber and total dollar amount of such loans, number of new cases of fraud and suspected fraud, number of fraud cases resolved, andtypes of such cases of fraud. The reporting requirements terminate two years after this bill is enacted.
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