Sec. 801. Clarification of the responsibilities of the Administrator with respect to the Inspector General of the Small Business Administration
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Not later than 45 days after the date on which the Inspector General of the Small Business Administration issues a covered recommendation, the Administrator shall determine whether to implement such covered recommendation. In this subsection, the term covered recommendation means a recommendation made by the Inspector General of the Small Business Administration resulting from a situation for which the President declares— an emergency under section 501 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5191 ); a major disaster under section 401 of such Act ( 42 U.S.C. 5170 ); or a national emergency under section 201(a) of the National Emergencies Act ( 50 U.S.C. 1621(a) ).
Section 10(e) of the Small Business Act ( 15 U.S.C. 639 ), as amended by section 102(b), is further amended by adding at the end the following new paragraph: Not later than 10 days after the date on which the Inspector General issues a recommendation, the Administrator shall make a determination whether or not to implement such recommendation. Not later than 90 days after the date on which the Administrator makes a determination to implement a recommendation described under subparagraph (A), the Administrator shall fully implement such recommendation.
Not later than 90 days after the date on which the Administrator makes a determination under subparagraph (A), the Administrator shall submit to the Inspector General a report describing the reasoning for the determination. . Section 10 of the Small Business Act ( 15 U.S.C. 639 ), as amended by this Act, is further amended by adding at the end the following new subsection: Not later than the date that is 3 months after the end of the fiscal year in which this subsection is enacted, and not later than the date that is three months after the end of each fiscal year thereafter, the Inspector General of the Small Business Administration shall submit to the Committee on Small Business of the House of Representatives and the Committee on Small Business and Entrepreneurship of the Senate a report on the dollar amount and incidence of fraud recoupment for the Administration for the fiscal year preceding the date of the report. .
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Sec. 801
Clarification of the responsibilities of the Administrator with respect to the Inspector General of the Small Business Administration
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