This legislation aims to prolong the operational period of the Pandemic Response Accountability Committee (PRAC) , an oversight body established under the CARES Act. The bill amends existing law to extend the PRAC's expiration date from 2025 to 2030 , ensuring its continued function in monitoring pandemic-related spending. Furthermore, the bill requires the PRAC to submit a comprehensive report to Congress by September 30, 2030. This report must analyze the impact of all extensions to the statute of limitations for loans issued under the Paycheck Protection Program (PPP) , specifically those enacted by the PPP and Bank Fraud Enforcement Harmonization Act of 2022.