Sec. 2. EXTENSION OF STATUTE OF LIMITATIONS FOR CERTAIN COVID-19 ECONOMIC INJURY DISASTER LOAN PROGRAMS
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## SEC. 2 EXTENSION OF STATUTE OF LIMITATIONS FOR CERTAIN COVID-19 ECONOMIC INJURY DISASTER LOAN PROGRAMS ###
(a)Certain Economic Injury Disaster Loans Section 7(b) of the Small Business Act (15 U.S.C. 636(b)) is amended by inserting after paragraph
(15)the following new paragraph: > > #### “(16) Statute of limitations > > Notwithstanding any other provision of law, any criminal charge or civil enforcement action alleging that a borrower engaged in fraud with respect to a loan made under this subsection in response to COVID-19 during the covered period (as defined in section 1110(a) of the CARES Act) shall be filed not later than 10 years after the offense was committed.” > . ###
(b)EIDL Advances Section 1110(e) of the CARES Act (15 U.S.C. 9009(e)) is amended by adding at the end the following new paragraph: > > #### “(9) Statute of limitations > > Notwithstanding any other provision of law, any criminal charge or civil enforcement action alleging that a borrower engaged in fraud with respect to the use of an advance received under this subsection shall be filed not later than 10 years after the offense was committed.” > . ###
(c)Targeted EIDL Advances Section 331 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (15 U.S.C. 9009b) is amended by adding at the end the following new subsection: > > ### “(i) Statute of Limitations > > Notwithstanding any other provision of law, any criminal charge or civil enforcement action alleging that a borrower engaged in fraud with respect to the use of any amount received pursuant to this section shall be filed not later than 10 years after the offense was committed.” > .
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Sec. 2
EXTENSION OF STATUTE OF LIMITATIONS FOR CERTAIN COVID-19 ECONOMIC INJURY DISASTER LOAN PROGRAMS
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