Bills Signed: H.R. 7334 and H.R. 7352 | Eastern NC Now

On Friday, August 5, 2022, the President signed into law:

ENCNow
Press Release:

August 5


    On Friday, August 5, 2022, the President signed into law:

    H.R. 7334, the "COVID-19 EIDL Fraud Statute of Limitations Act of 2022," which establishes a ten-year statute of limitations for fraud by borrowers under the Small Business Administration's COVID-19 Economic Injury Disaster Loan programs.

    Thank you to Representatives Luetkemeyer, Velazquez, Davids, and Van Duyne.

    H.R. 7352, the "PPP and Bank Fraud Enforcement Harmonization Act of 2022," which establishes a ten-year statute of limitations for fraud by borrowers under the Small Business Administration's Paycheck Protection Program.

    Thank you to Representatives Velazquez, Luetkemeyer, Mfume, Davids, and Van Duyne.

    JOSEPH R. BIDEN JR.

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