H.R. 5427, a bill to prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes
Cost Estimate
As reported by the House Committee on Small Business on September 26, 2023
H.R. 5427 would clarify that associates of small businesses convicted of falsely receiving financial assistance from the Small Business Administration (SBA) for programs related to COVID-19 are ineligible for future financial assistance. Under current law, those people are already ineligible for future funding from the SBA.
