IB 
Union Calendar No. 246 
117TH CONGRESS 
2D SESSION 
H. R. 7352 
[Report No. 117–328] 
To amend the Small Business Act to extend the statute of limitation for 
fraud by borrowers under the Paycheck Protection Program, and for 
other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MARCH 31, 2022 
Ms. VELA´ZQUEZ (for herself and Mr. LUETKEMEYER) introduced the following 
bill; which was referred to the Committee on Small Business 
MAY 17, 2022 
Additional sponsors: Mr. MFUME, Ms. DAVIDS of Kansas, and Ms. VAN 
DUYNE 
MAY 17, 2022 
Reported from the Committee on Small Business; committed to the Committee 
of the Whole House on the State of the Union and ordered to be printed 
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A BILL 
To amend the Small Business Act to extend the statute 
of limitation for fraud by borrowers under the Paycheck 
Protection Program, and for other purposes. 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘PPP and Bank Fraud 
Enforcement Harmonization Act of 2022’’. 
SEC. 2. FRAUD ENFORCEMENT HARMONIZATION. 
(a) PAYCHECK
PROTECTION
PROGRAM.—Section 
7(a)(36) of the Small Business Act (15 U.S.C. 
636(a)(36)) is amended by adding at the end the following 
new subparagraph: 
‘‘(W) FRAUD
ENFORCEMENT
HARMONI-
ZATION.—Notwithstanding any other provision 
of law, any criminal charge or civil enforcement 
action alleging that a borrower engaged in 
fraud with respect to a covered loan guaranteed 
under this paragraph shall be filed not later 
than 10 years after the offense was com-
mitted.’’. 
(b) PAYCHECK
PROTECTION
PROGRAM
SECOND 
DRAW LOANS.—Section 7(a)(37) of the Small Business 
Act (15 U.S.C. 636(a)(37)) is amended by adding at the 
end the following new subparagraph: 
‘‘(P) FRAUD
ENFORCEMENT
HARMONI-
ZATION.—Notwithstanding any other provision 
of law, any criminal charge or civil enforcement 
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action alleging that a borrower engaged in 
fraud with respect to a covered loan guaranteed 
under this paragraph shall be filed not later 
than 10 years after the offense was com-
mitted.’’. 
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Union Calendar No. 246 
117TH CONGRESS 
2D SESSION 
H. R. 7352 
[Report No. 117–328] 
A BILL 
To amend the Small Business Act to extend the 
statute of limitation for fraud by borrowers 
under the Paycheck Protection Program, and for 
other purposes. 
MAY 17, 2022 
Committed to the Committee of the Whole House on the 
State of the Union and ordered to be printed 
VerDate Sep 11 2014 
01:38 May 18, 2022
Jkt 000000
PO 00000
Frm 00006
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E:\BILLS\H7352.RH
H7352
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