Synopsis As Introduced Amends the Criminal Code of 2012. Provides that a prosecution for any offense based upon fraudulent activity connected to COVID-19-related relief programs, to include the Paycheck Protection Program, COVID-19 Economic Injury Disaster Loan Program, and the Unemployment Benefit Programs shall be commenced within one year after discovery of the offense by a person having a legal duty to report such offense, or in the absence of such discovery, within one year after the proper prosecuting officer becomes aware of the offense. Provides that in no such case is the period of limitation so extended more than 3 years beyond the expiration of the period otherwise applicable.
House Committee Amendment No. 1 Changes the limitation periods for bringing criminal prosecutions for violations of these provisions. Changes the one year limitation to 5 years and the extension of the limitation period from no more than 3 to no more than 10 years beyond the expiration period otherwise applicable.