Restaurant Recovery Fairness Act of 2021
Bill: H.R.3551 | Sponsor: Rep. Van Duyne, Beth (R-TX)
Policy area: Commerce

Summary:
Restaurant Recovery Fairness Act of 2021
This bill directs the Small Business Administration (SBA) to require applicants for restaurant revitalization grants to reduce waste, fraud, and abuse, and it requires the SBA to submit an oversight and audit plan detailing its policies and procedures with respect to such grants.

To amend the American Rescue Plan Act of 2021 to require increased 
  oversight with respect to restaurant revitalization grants, and for 
                            other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Restaurant Recovery Fairness Act of 
2021''.

SEC. 2. SUPPORT FOR RESTAURANTS.

    Section 5003 of the American Rescue Plan Act of 2021 (Public Law 
117-2) is amended--
            (1) in subsection (c)(2), by adding at the end the 
        following new subparagraph:
                    ``(C) Prevention of waste, fraud, and abuse.--The 
                Administrator shall impose requirements on applicants 
                for the purpose of reducing waste, fraud, and abuse.''; 
                and
            (2) by adding at the end the following new subsections:
    ``(d) Oversight and Audit Plan.--
            ``(1) In general.--Not later than 45 days after the date of 
        enactment of this subsection, the Administrator shall submit to 
        the Committee on Small Business and Entrepreneurship of the 
        Senate and the Committee on Small Business of the House of 
        Representatives an oversight and audit plan that details the 
        policies and procedures of the Administrator for conducting 
        oversight and an appropriate level of audits with respect to 
        grants made under this section, which shall include the metrics 
        used to determine which grants to audit.
            ``(2) Reports.--Not later than 60 days after the date of 
        enactment of this subsection, and each month thereafter until 
        the date that is 1 year after the date on which all amounts 
        appropriated under subsection (b)(2) have been expended, the 
        Administrator shall submit to the Committee on Small Business 
        and Entrepreneurship of the Senate and the Committee on Small 
        Business of the House of Representatives a report on the 
        oversight and audit activities carried out by the Administrator 
        with respect to grants made under this section, which shall 
        include for the period covered by the report--
                    ``(A) the number of grants approved and disbursed;
                    ``(B) the amount of grant funds received by each 
                recipient;
                    ``(C) the number of active investigations and 
                audits of grants being conducted;
                    ``(D) the number of completed investigations and 
                audits of grants, including a description of any 
                findings of fraud or other material noncompliance; and
                    ``(E) any substantial changes made to the oversight 
                and audit plan submitted under paragraph (1).
            ``(3) Identifiable or proprietary information.--The 
        Administrator shall ensure that each report submitted pursuant 
        to paragraph (2) is free from any identifiable or proprietary 
        information of a grant recipient.''.
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