,,ii  #aag? ,,congress  #a/ ,session    
,s4 #ccdi  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,decemb] #i1 #bjba,mr4 
,ris* 7= himself1 ,mr4 ,hick5loop]1 ,ms4
 ,cortez ,ma/o1 ,mr4 ,m>%all1 & ,mr4    
,k5n$y7 introduc$ ! foll[+ bill2 :i* 0  
read twice & ref]r$ to ! ,committee on  
,small ,bus9ess & ,entrepr5eur%ip  ,a   
,,bill  ,to require ! ,adm9i/rator ( !  
,small ,bus9ess ,adm9i/ration to provide
 applicants = c]ta9 loans & grants )    
updates ) respect to ^? applications1 & 
= o!r purposes4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,/reaml9+ ,,eidl   
,act4  #b4 ,def9itions ,9 ?is ,act--    
7#a7 ! t]m ,adm9i/ration means ! ,small 
,bus9ess ,adm9i/ration2  7#b7 ! t]m     
,adm9i/rator means ! ,adm9i/rator ( !   
,adm9i/ration2  7#c7 ! t]ms compliance &
 improp] paym5t h ! mean+s giv5 ! t]ms 9
 section #ccea ( title #ca1 ,unit$      
,/ates ,code2  7#d7 ! t]m cov]$         
application-- 7,a7 means an application 
t is-- 7i7 = any assi/ance provid$ "u   
section #g7;b77#b7 ( ! ,small ,bus9ess  

,act 7#ae ,u4,s4,c4 #fcf7;b77#b771      
includ+ any loan or grant made "u       
section #aaaj ( ! ,,c>es ,act 7#ae      
,u4,s4,c4 #ijji72 &  7ii7 submitt$ to ! 
,adm9i/rator on or aft] ! date (        
enactm5t ( ?is ,act2 &  7,b7 includes an
 application t is-- 7i7 = an increase ) 
respect to assi/ance t is-- 7,i7        
describ$ 9 subp>agraph 7,a77i72 &       
7,,ii7 provid$ to ! applicant be=e !    
date ( enactm5t ( ?is ,act2 &  7ii7     
submitt$ to ! ,adm9i/rator on or aft] ! 
date ( enactm5t ( ?is ,act2 &  7#e7 !   
t]m cov]$ assi/ance means a loan or     
grant made "u section #g7;b77#b7 ( !    
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcf7;b77#b771 includ+ "u section #aaaj 
( ! ,,c>es ,act 7#ae ,u4,s4,c4 #ijji71  
relat$ to ,,covid-#ai4  #c4 ,,eidl loans
  7a7 ,requirem5ts ,! ,adm9i/rator      
%all-- 7#a7 n lat] ?an #g days aft] !   
date on :i* ! ,adm9i/rator receives a   
cov]$ application1 provide ! applicant  
)-- 7,a7 notice t ! ,adm9i/rator has    
receiv$ ! application2 &  7,b7 in=mation

 reg>d+ an (fice or (ficial ( !         
,adm9i/ration t ! applicant may contact 
9 ! ev5t t ! applicant has que/ions     
reg>d+ ! application2  7#b7 n lat] ?an  
#ba days aft] ! date on :i* !           
,adm9i/rator receives a cov]$           
application1 provide ! applicant )--    
7,a7 a writt5 report detail+ ! /atus ( !
 application & any requirem5ts =        
completion ( ! application1 includ+ any 
ext]nal or int]nal delays2 &  7,b7 an   
explanation reg>d+ ! appeals process )  
respect to a cov]$ application t !      
,adm9i/rator disapproves2 &  7#c7 n lat]
 ?an #de days aft] ! date on :i* !      
,adm9i/rator receives a complet$ cov]$  
application t is 9 accordance ) all     
applicable requirem5ts1 includ+ su*     
requirem5ts z ! ,adm9i/rator may        
prescribe by regulation-- 7,a7 review ! 
application 9 its entirety2 &  7,b7 7i7 
approve ! application & make ! loan 7or 
! increase 9 ! loan am\nt7 t is !       
subject ( ! cov]$ application if all    
applicable requirem5ts ) respect to !   

applicable loan are satisfi$2 or  7ii7  
disapprove ! application & notify !     
applicant 9 writ+ ( ! disapproval4  7b7 
,review & report+ ,n lat] ?an #ij days  
aft] ! date ( enactm5t ( ?is ,act1 !    
,adm9i/rator %all-- 7#a7 conduct a      
compreh5sive review ( ! process =       
submitt+ a cov]$ application1 :i* %all  
focus on ways to ensure t applicants    
submitt+ cov]$ applications-- 7,a7 are n
 ask$ to submit mat]ials ) respect to   
su* an application m ?an once2  7,b7    
receive timely responses & updates f !  
,adm9i/rator ) respect to ^? cov]$      
applications1 includ+ ! in=mation       
requir$ "u p>agraphs 7#a7 & 7#b7 (      
subsection 7a72 &  7,c7 receive ! loans 
7or loan increases7 s\ght 9 ^? cov]$    
applications 9 a mann] t complies )     
subsection 7a77#c72 &  7#b7 submit to   
,congress a report reg>d+ ! review      
conduct$ "u p>agraph 7#a74  #d4 ,reports
  7a7 ,report on implem5tation (        
,inspector ,g5]al recomm5dations ,n lat]
 ?an #ij days aft] ! date ( enactm5t (  

?is ,act1 ! ,adm9i/rator %all submit to 
,congress a report on ! specific /eps t 
! ,adm9i/ration has tak5 to meet !      
recomm5dations provid$ by ! ,inspector  
,g5]al ( ! ,adm9i/ration 9 ! report     
issu$ on ,may #f1 #bjba1 entitl$ ,,sba's
 ,h&l+ ( ,id5tity ,!ft 9 ! ,,covid-#ai  
,economic ,injury ,disa/] ,loan         
,program1 :i* %all include a description
 (-- 7#a7 ! sy/em t ! ,adm9i/ration has 
develop$ to ma9ta9 & track all id5tity  
!ft compla9ts relat$ to cov]$ assi/ance2
  7#b7 h[ ! ,adm9i/ration is provid+    
guidance1 assi/ance1 & /atus updates to 
compla9ants t allege _! id5tity has be5 
/ol52  7#c7 h[ ! ,adm9i/ration is re/or+
 id5tity !ft victims to _! condition    
prior to fraud1 includ+ details on h[ ! 
,adm9i/ration w file collat]al releases 
& specify if ! ,adm9i/ration or !       
compla9ant is pay+ = co/s to file ,uni=m
 ,comm]cial ,code li5 release docum5ts2 
7#d7 ! process ( ! ,adm9i/ration =      
remov+ fraudul5t cov]$ assi/ance1 &     
relat$ ,uni=m ,comm]cial ,code fil+     

fees1 f ! f9ancial records ( !          
,adm9i/ration1 includ+ h[-- 7,a7 ! sy/em
 describ$ 9 p>agraph 7#a7-- 7i7 w *>ge  
(f & remove p>tially or fully disburs$  
cov]$ assi/ance f ! f9ancial records2 & 
7ii7 addresses *>ge (f or removal (     
relat$ ,uni=m ,comm]cial ,code fil+     
fees2 &  7,b7 ! ,adm9i/ration is        
diff]5tiat+ betwe5-- 7i7 r\t9e defaults 
9 cov]$ assi/ance t-- 7,i7 h be5 or w be
 *>g$ (f2 &  7,,ii7 are requir$ to be   
submitt$ to ! ,dep>tm5t ( ! ,treasury = 
collection2 &  7ii7 id5tity !ft-relat$  
cov]$ assi/ance t ! ,adm9i/ration is    
requir$ to *>ge (f )\t be+ s5t to !     
,dep>tm5t ( ! ,treasury = collection2   
7#e7 ! process ( ! ,adm9i/ration =      
track+ ! recov]y ( funds f fraud/]s to  
(fset ! out/&+ id5tity !ft-relat$ cov]$ 
assi/ance be=e any *>ge (f action2 &    
7#f7 actions ! ,adm9i/ration has tak5 to
 recov] improp] paym5ts relat$ to       
id5tity !ft-relat$ cov]$ assi/ance & h[ 
! ,adm9i/ration is tak+ /eps to be 9    
compliance4  7b7 ,regul> reports ,!     

,adm9i/rator %all submit to ,congress-- 
7#a7 a mon?ly report t1 9 ord] to       
id5tify individual allegations ( id5tity
 !ft t h n be5 refil$1 reconciles-- 7,a7
 applications submitt$ dur+ ! p]iod     
beg9n+ on ,m>* #a1 #bjbj1 & end+ on     
,janu>y #ca1 #bjba1 = cov]$ assi/ance   
bas$ on id5tity !ft allegations2 &  7,b7
 applications bas$ on refil$ allegations
 ( id5tity !ft relat+ to ! cov]$        
assi/ance describ$ 9 subp>agraph 7,a72 &
  7#b7 n lat] ?an #ahj days aft] ! date 
on :i* ! fir/ report "u p>agraph 7#a7 is
 submitt$1 a detail$ plan on h[ !       
,adm9i/ration w attempt1 or has         
attempt$1 to contact ! rema9+           
individuals ^: id5tity !ft allegations h
 n be5 refil$4