S2664-118

Introduced

To prohibit the suspension of collections on loans made to small businesses related to COVID–19, and for other purposes.

118th Congress Introduced Jul 27, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To prohibit the suspension of collections on loans made to small businesses related to COVID–19, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Finance, Criminal Justice.

Who Benefits and How

federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section S1: 1. Short title This Act may be cited as the Strengthening Taxpayer Recoveries Act.
  • Section id8f4d98b8f3da4731bab558c3593dd08b: 2. Definitions In this Act: The terms Administration and Administrator mean the Small Business Administration and the Administrator thereof, respectively. The...
  • Section id5fc8c10e8d244bab95436e8a2197a481: 3. Special Inspector General for Pandemic Recovery Section 4018 of the CARES Act (15 U.S.C. 9053) is amended— in subsection (c)(1), in the matter preceding...
  • Section id4673ddcccdab413cab922e512c782bbb: 4. Fraud enforcement harmonization Section 4003 of the CARES Act (15 U.S.C. 9042) is amended by adding at the end the following: (i)Fraud enforcement...
  • Section idbec55ff2022a4642a2ce61e81a828502: 5. Prohibition on suspending collections on SBA loans related to COVID–19 The Administrator shall refer to the Department of the Treasury any claim for...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To prohibit the suspension of collections on loans made to small businesses related to COVID–19, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Key Policy Areas

Government Operations, Finance, Criminal Justice

Primary Purpose

This bill, To prohibit the suspension of collections on loans made to small businesses related to COVID–19, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Policy Domains

Government Operations Finance Criminal Justice

Whole bill

Identified Gains
  • federal agencies and legislative administrators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal agencies and legislative administrators: , ,
Identified Costs
  • federal implementing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: , ,

Legislative Progress

Introduced
Introduced Committee Passed
Jul 27, 2023

Ms. Ernst (for herself, Mr. Hawley, Mr. Rubio, and Mr. …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Government Operations Finance Criminal Justice
Actor Mappings
"administrator_of_sba"
→ Administrator of the Small Business Administration
"secretary_of_treasury"
→ Secretary of the Treasury

Key Definitions

Terms defined in this bill

1 term
"covered funds" §id8f4d98b8f3da4731bab558c3593dd08b

amounts made available for COVID–19 relief under— the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 (Public Law 116–123

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology