HR4210-119

What This Bill Does

The Accountability Doesn't Expire Act extends the Pandemic Response Accountability Committee (PRAC) for five additional years, from 2025 to 2030. The PRAC is a federal oversight body created during the COVID-19 pandemic to monitor how trillions of dollars in pandemic relief funds were spent. The bill also requires PRAC to report to Congress on the effects of extending fraud investigation timelines for Paycheck Protection Program (PPP) loans.

Who Benefits and How

Congress and the American public benefit from continued oversight of pandemic spending, helping ensure accountability for the largest emergency spending effort in U.S. history. Small businesses that played by the rules during the PPP program benefit indirectly, as the extended oversight period increases the likelihood that fraudulent borrowers will be identified and prosecuted, protecting the integrity of the program for legitimate recipients.

Who Bears the Burden and How

The Pandemic Response Accountability Committee must continue operations for five additional years and produce a detailed report analyzing the impact of extended fraud investigation timelines. The Department of the Treasury and Small Business Administration continue to bear administrative responsibilities supporting PRAC's oversight activities. Those who committed PPP fraud face a longer window during which their misconduct may be investigated and prosecuted.

Key Provisions

• Extends the PRAC's authorization from 2025 to 2030, giving federal investigators five more years to pursue pandemic fraud cases
• Requires PRAC to submit a report to Congress by September 30, 2030, analyzing how extensions to the statute of limitations have affected PPP loan fraud enforcement
• Maintains continuity of the oversight infrastructure established under the CARES Act for monitoring COVID-19 relief spending