Entrepreneurs Need Timely Replenishment (for) Eating Establishments Act
A BILL
To amend the American Rescue Plan Act of 2021 to provide additional appropriations for, and oversight of, the Restaurant Revitalization Fund, and for other purposes.
Sec. 2 Appropriations
Sec. 3 Grant oversight and prioritization
“(C) Process order—The Administrator shall review and process applications in the order in which they are received.
“(D) Prevention of waste, fraud, and abuse—The Administrator shall impose requirements on applicants for the purpose of reducing waste, fraud, and abuse.”
“(d) Oversight and audit plan
“(1) In general—Not later than 45 days after the date of enactment of this subsection, the Administrator shall submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives an oversight and audit plan that details the policies and procedures of the Administrator for conducting oversight and an appropriate level of audits with respect to grants made under this section, which shall include the metrics used to determine which grants to audit.
“(2) Reports—Not later than 60 days after the date of enactment of this subsection, and each month thereafter until the date that is 1 year after the date on which all amounts appropriated under subsection (b)(2) have been expended, the Administrator shall submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a report on the oversight and audit activities carried out by the Administrator with respect to grants made under this section, which shall include for the period covered by the report—
“(A) the number of grants approved and disbursed;
“(B) the amount of grant funds received by each recipient;
“(C) the number of active investigations and audits of grants being conducted;
“(D) the number of completed investigations and audits of grants, including a description of any findings of fraud or other material noncompliance; and
“(E) any substantial changes made to the oversight and audit plan submitted under paragraph (1).
“(3) Identifiable or proprietary information—The Administrator shall ensure that each report submitted pursuant to paragraph (2) is free from any identifiable or proprietary information of a grant recipient.”