RECLAIM Taxpayer Funds Act

USA118^th CongressHR-4667| House

| Updated: 12/4/2023

Returning Erroneous COVID Loans Addressing Illegal and Misappropriated Taxpayer Funds Act or the RECLAIM Taxpayer Funds Act This bill requires the Small Business Administration (SBA) to issue guidance for borrowers and lenders about returning any unused Paycheck Protection Program (PPP) loan amounts made to the borrower. The SBA must track the amounts of PPP loans returned to mitigate the risk of financial loss. The guidance must be issued not later than 30 days after the bill is enacted.

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Timeline

Jul 17, 2023

Introduced in House

Jul 17, 2023

Referred to the House Committee on Small Business.

Jul 18, 2023

Ordered to be Reported by the Yeas and Nays: 26 - 0.

Jul 18, 2023

Committee Consideration and Mark-up Session Held

Sep 1, 2023

Placed on the Union Calendar, Calendar No. 147.

Sep 1, 2023

Reported by the Committee on Small Business. H. Rept. 118-184.

Nov 28, 2023

Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.

Nov 28, 2023

Considered under suspension of the rules. (consideration: CR H5911-5913)

Nov 28, 2023

DEBATE - The House proceeded with forty minutes of debate on H.R. 4667.

Nov 28, 2023

At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Williams (TX) objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.

Nov 30, 2023

Considered as unfinished business. (consideration: CR H6029)

Nov 30, 2023

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 11/28/2023 CR H5911)

Nov 30, 2023

On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 11/28/2023 CR H5911)

Nov 30, 2023

Motion to reconsider laid on the table Agreed to without objection.

Dec 4, 2023

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

July 17, 2023
Introduced in House
July 17, 2023
Referred to the House Committee on Small Business.
July 18, 2023
Ordered to be Reported by the Yeas and Nays: 26 - 0.
July 18, 2023
Committee Consideration and Mark-up Session Held
September 1, 2023
Placed on the Union Calendar, Calendar No. 147.
September 1, 2023
Reported by the Committee on Small Business. H. Rept. 118-184.
November 28, 2023
Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
November 28, 2023
Considered under suspension of the rules. (consideration: CR H5911-5913)
November 28, 2023
DEBATE - The House proceeded with forty minutes of debate on H.R. 4667.
November 28, 2023
At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Williams (TX) objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.
November 30, 2023
Considered as unfinished business. (consideration: CR H6029)
November 30, 2023
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 11/28/2023 CR H5911)
November 30, 2023
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 11/28/2023 CR H5911)
November 30, 2023
Motion to reconsider laid on the table Agreed to without objection.
December 4, 2023
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.