Requires the Small Business Administration to refer COVID-19 loan collection claims under $100,000 to the Treasury Department and extends the Special Inspector General for Pandemic Recovery's oversight through September 30, 2030.

• Requires the SBA Administrator to refer collection claims on covered COVID-19 loans under $100,000 to the Department of the Treasury, which makes the final decision on whether to suspend, end, or pursue collection
• Requires monthly briefings to the Senate and House small business committees on collection progress, and annual testimony on collections, improper payments, and reporting compliance
• Extends the Special Inspector General for Pandemic Recovery's term to September 30, 2030 and expands its oversight to covered SBA programs
• Sets a 10-year deadline for filing criminal or civil fraud charges tied to certain CARES Act, shuttered venue, and restaurant revitalization grants, and requires the Justice Department to report monthly on COVID-19 program fraud prosecutions
• Directs the Pandemic Response Accountability Committee to post real-time data on recovered COVID-19 funds and applies fraud recoveries from covered programs to reducing the federal debt

• Small Business and Entrepreneurship Committee (Senate)

Commerce