HR 4667
118th Congress
House
Commerce
Government lending and loan guarantees
Government studies and investigations
Small business
RECLAIM Taxpayer Funds Act
Introduced: July 17, 2023
Introduced by:
Salazar, Maria Elvira
Republican
· Florida
See on congress.gov
Everywhere this bill has been
15 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 4, 2023
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Nov 30, 2023
Motion to reconsider laid on the table Agreed to without objection.
Nov 30, 2023
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 11/28/2023 CR H5911)
Nov 30, 2023
Passed/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)
Nov 30, 2023
Considered as unfinished business. (consideration: CR H6029)
Nov 28, 2023
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 The point of no quorum was considered as withdrawn.
Nov 28, 2023
DEBATE - The House proceeded with forty minutes of debate on H.R. 4667.
Nov 28, 2023
Considered under suspension of the rules. (consideration: CR H5911-5913)
Nov 28, 2023
Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
Sep 1, 2023
Placed on the Union Calendar, Calendar No. 147.
Sep 1, 2023
Reported by the Committee on Small Business. H. Rept. 118-184.
Jul 18, 2023
Ordered to be Reported by the Yeas and Nays: 26 - 0.
Jul 18, 2023
Committee Consideration and Mark-up Session Held
Jul 17, 2023
Referred to the House Committee on Small Business.
Jul 17, 2023
Introduced in House
Plain-English summary
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.
What's happening now
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committees of jurisdiction
2