US Codex
Bill
Notes

To require the return of amounts loaned under the Paycheck Protection Program of the Small Business Administration used for illegal activities, and for other purposes.

H.R. 8211 · 117th Congress · Jun 23, 2022 · Lineage

A BILL

Section 1 Return of PPP amounts used for illegal activity

The Administrator of the Small Business Administration shall ensure that a person that received a covered loan under paragraph (36) or (37) of section 7(a) of the Small Business Act (15 U.S.C. 636(a)) and used any amount of such covered loan to conduct an illegal activity shall return the entire amount of such covered loan to the Treasury.