Restaurant Recovery Fairness Act of 2021

Bill: 117-hr-3551
Sponsor: full_name: Rep. Van Duyne, Beth [R-TX-24]
Introduced: 2021-05-25
Policy area: Commerce
Subjects: Accounting and auditing

Business expenses

Cardiovascular and respiratory health

Congressional oversight

Emergency medical services and trauma care

Food industry and services

Fraud offenses and financial crimes

Government studies and investigations

Government trust funds

Infectious and parasitic diseases

Small business

Wages and earnings
Latest action: action_date: 2021-05-25
text: Referred to the House Committee on Small Business.

Summaries:
action_date: 2021-05-25
action_desc: Introduced in House
text: <p><b>Restaurant Recovery Fairness Act of 2021</b></p> <p>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.</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 3551 IN THE HOUSE OF REPRESENTATIVES May 25, 2021 Ms. Van Duyne (for herself, Mr. Phillips , Mr. Luetkemeyer , Mr. Hagedorn , Mr. Meuser , Mr. Garbarino , Mr. Williams of Texas , and Mr. Donalds ) introduced the following bill; which was referred to the Committee on Small Business A BILL To amend the American Rescue Plan Act of 2021 to require increased oversight with respect to restaurant revitalization grants, and for other purposes.

1. Short title This Act may be cited as the Restaurant Recovery Fairness Act of 2021 . 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. .