HOUSE 4667118th CongressReceived in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

RECLAIM Taxpayer Funds Act

Last Action: 12/4/2023

Actions

2023-12-04Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
2023-11-30Motion to reconsider laid on the table Agreed to without objection.
2023-11-30On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 11/28/2023 CR H5911)
2023-11-30Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 11/28/2023 CR H5911)
2023-11-30Considered as unfinished business. (consideration: CR H6029)
2023-11-28At 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 The point of no quorum was considered as withdrawn.
2023-11-28DEBATE - The House proceeded with forty minutes of debate on H.R. 4667.
2023-11-28Considered under suspension of the rules. (consideration: CR H5911-5913)
2023-11-28Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
2023-09-01Placed on the Union Calendar, Calendar No. 147.
2023-09-01Reported by the Committee on Small Business. H. Rept. 118-184.
2023-09-01Reported by the Committee on Small Business. H. Rept. 118-184.
2023-07-18Ordered to be Reported by the Yeas and Nays: 26 - 0.
2023-07-18Committee Consideration and Mark-up Session Held
2023-07-17Referred to the House Committee on Small Business.

Showing 15 of 17 actions. Full history on Congress.gov.

CRS Summary

As of 2023-11-30 (53)

Returning Erroneous COVID Loans Addressing Illegal and Misappropriated Taxpayer Funds Act or the RECLAIM Taxpayer Funds Act

This bill requires the Small Business Administration (SBA) to issue guidance for borrowers and lenders about returning any unused Paycheck Protection Program (PPP) loan amounts made to the borrower. The SBA must track the amounts of PPP loans returned to mitigate the risk of financial loss.

The guidance must be issued not later than 30 days after the bill is enacted.

Cosponsors (2)

Morgan McGarvey (D-KY)
Nick LaLota (R-NY)

Subjects

Government lending and loan guarantees
Government studies and investigations
Small business

Read on Congress.gov

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