Small Business Committee, Small Business and Entrepreneurship Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
This bill mandates that the Inspector General of the Small Business Administration (SBA) submit quarterly reports to the House and Senate Small Business Committees. These reports are designed to enhance transparency regarding fraud related to specific COVID-19 relief loans, with the first report due 60 days after the Act's enactment and subsequent reports every three months. Each required report must detail the number and total dollar amount of all covered loans , the count of new cases of fraud and suspected fraud , and the number of fraud cases resolved . It also requires information on the types of fraud cases identified. The term "covered loan" specifically includes certain loans made under sections 7(a) and 7(b) of the Small Business Act in response to COVID-19. This reporting requirement will terminate two years after the date of enactment, and no additional appropriations are authorized to carry out this Act.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Small Business.
Committee Consideration and Mark-up Session Held
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 23 - 0.
Placed on the Union Calendar, Calendar No. 590.
Reported (Amended) by the Committee on Small Business. H. Rept. 119-677.
Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H4141-4142)
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 826.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4141)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Introduced in House
Referred to the House Committee on Small Business.
Committee Consideration and Mark-up Session Held
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 23 - 0.
Placed on the Union Calendar, Calendar No. 590.
Reported (Amended) by the Committee on Small Business. H. Rept. 119-677.
Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H4141-4142)
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 826.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4141)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Commerce
Congressional oversightFraud offenses and financial crimesGovernment information and archivesGovernment lending and loan guaranteesGovernment studies and investigations
COVID Fraud Transparency Act of 2026
USA119th CongressHR-826| House
| Updated: 6/24/2026
This bill mandates that the Inspector General of the Small Business Administration (SBA) submit quarterly reports to the House and Senate Small Business Committees. These reports are designed to enhance transparency regarding fraud related to specific COVID-19 relief loans, with the first report due 60 days after the Act's enactment and subsequent reports every three months. Each required report must detail the number and total dollar amount of all covered loans , the count of new cases of fraud and suspected fraud , and the number of fraud cases resolved . It also requires information on the types of fraud cases identified. The term "covered loan" specifically includes certain loans made under sections 7(a) and 7(b) of the Small Business Act in response to COVID-19. This reporting requirement will terminate two years after the date of enactment, and no additional appropriations are authorized to carry out this Act.
Small Business Committee, Small Business and Entrepreneurship Committee
Commerce
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Congressional oversightFraud offenses and financial crimesGovernment information and archivesGovernment lending and loan guaranteesGovernment studies and investigations