,i #aagth ,,congress #ast ,session ,h4 ,r4 #cbjb ,,in ,,the ,,house ,,of ,,representatives ,may #ac1 #bjba,mr4 ,luetkemeyer 7for himself1 ,mr4 ,williams of ,texas1 ,mr4 ,hagedorn1 ,mr4 ,stauber1 ,mr4 ,meuser1 ,ms4 ,tenney1 ,mr4 ,garbarino1 ,mrs4 ,kim of ,california1 ,ms4 ,van ,duyne1 ,mr4 ,donalds1 ,ms4 ,salazar1 and ,mr4 ,fitzgerald7 introduced the following bill2 which was referred to the ,committee on ,small ,business ,a ,,bill ,to amend the ,small ,business ,act and the ,,cares ,act to establish oversight requirements for economic injury disaster loans and advances1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,,eidl ,oversight ,act of #bjba4 #b4 ,oversight requirements for economic injury disaster loans and advances 7a7 ,economic injury disaster loans ,section #g7;b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b77 is amended by inserting after paragraph 7#ae7 the following new paragraph3 7#af7 ,oversight requirements for economic injury disaster loans ,with respect to a loan made under paragraph 7#b71 the ,administrator shall take such action as necessary to-- 7,a7 establish or strengthen controls to ensure that loan proceeds are deposited in a legitimate account of a borrower2 7,b7 ensure that any modification of a loan application after lender approval of such loan is reviewed by an employee of the ,administration2 7,c7 establish or strengthen controls to-- 7i7 ensure that multiple loans are provided only to eligible borrowers2 and 7ii7 prevent the erroneous duplication of loans1 including by establishing a system to verify the identity of a borrower using photo identification2 7,d7 verify the applicant is a legitimate borrower with the appropriate ,state or local agency through tax returns1 documentation relating to incorporation or status as a nonprofit organization1 or another method2 7,e7 ensure that #b employees of the ,administration approve each application for a loan under paragraph 7#b7 and eliminate any processes of the ,administration that allow for simultaneous approval of multiple loan applications2 7,f7 require an individual employee of the ,administration to contact applicants who submit multiple loan applications from the same ,internet ,protocol addresses1 email addresses1 or physical addresses1 or with the same bank account number1 to verify eligibility of such applicants2 and 7,g7 with respect to a borrower of a loan made under paragraph 7#b7 because of the ,,covid-#ai pandemic-- 7i7 ensure that such borrower is not included on the ,do ,not ,pay ,list of the ,department of the ,treasury 7as described under section #cced of title #ca1 ,united ,states ,code72 7ii7 ensure that an employer identification number on an application for such a loan was registered before ,february #ae1 #bjbj2 7iii7 prevent duplicate loan applications with the same employer identification number or social security number2 and 7iv7 establish a system to prevent disbursement of such loans to applicants that submit more than #a loan application with the same employer identification number1 social security number1 email addresses1 physical addresses1 or bank account number1 or from the same ,internet ,protocol address4 4 7b7 ,,eidl advances ,section #aaaj7;e7 of the ,,cares ,act 7#ae ,u4,s4,c4 #ijji7;e77 is amended by adding at the end the following new paragraph3 7#i7 ,oversight requirements ,with respect to an advance made under this subsection1 the ,administrator shall take such action as necessary to-- 7,a7 ensure that the advance was deposited in a legitimate account of an individual2 7,b7 ensure that any modification of a request for an advance is reviewed by an employee of the ,administration2 7,c7 prevent the erroneous duplication of advances2 7,d7 ensure that an employer identification number included in a request for an advance-- 7i7 was registered before ,february #ae1 #bjbj2 and 7ii7 is not registered to a person included on the ,do ,not ,pay ,list of the ,department of the ,treasury 7as described under section #cced of title #ca1 ,united ,states ,code72 7,e7 prevent duplicate requests for an advance with the same employer identification number or social security number2 and 7,f7 prevent disbursement of advances to applicants that submit more than #a request with the same employer identification number1 social security number1 email addresses1 physical addresses1 or bank account number1 or from the same ,internet ,protocol address4 4 7c7 ,targeted ,,eidl advances ,section #cca of the ,economic ,aid to ,hard-,hit ,small ,businesses1 ,nonprofits1 and ,venues ,act 7,public ,law #aaf-bfj7 is amended by adding at the end the following new subsection3 7i7 ,oversight requirements ,with respect to a payment made under this section1 the ,administrator shall take such action as necessary to-- 7#a7 establish or strengthen controls to ensure that the payment is deposited in a legitimate account of a recipient of a payment2 7#b7 ensure that any modification of a request for a payment is reviewed by an employee of the ,administration2 7#c7 establish or strengthen controls to prevent the erroneous duplication of payments under this section1 including by establishing a system to verify the identity of an applicant using photo identification2 7#d7 verify the applicant is a legitimate applicant for a payment with the appropriate ,state or local agency through tax returns1 documentation relating to incorporation or status as a nonprofit organization1 or another method2 7#e7 ensure that #b employees of the ,administration approve each request for a payment and eliminate any processes of the ,administration that allow for simultaneous approval of multiple advances2 7#f7 require an individual employee of the ,administration to contact applicants who submit multiple requests for a payment from the same ,internet ,protocol addresses1 email addresses1 or physical addresses1 or with the same bank account number1 to verify eligibility of such applicants2 7#g7 ensure that an employer identification number included in a request for a payment-- 7,a7 was registered before ,february #ae1 #bjbj2 and 7,b7 is not registered to a person included on the ,do ,not ,pay ,list of the ,department of the ,treasury 7as described under section #cced of title #ca1 ,united ,states ,code72 7#h7 prevent duplicate requests for a payment with the same employer identification number or social security number2 and 7#i7 establish a system to prevent disbursement of payments to applicants that submit more than #a request with the same employer identification number1 social security number1 email addresses1 physical addresses1 or bank account number1 or from the same ,internet ,protocol address4 4