,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #cbd  ,,in ,,the ,,house ,,of   
,,representatives  ,january #i1         
#bjbe,mr4 ,timmons introduced the       
following bill2 which was referred to   
the ,committee on ,ways and ,means1 and 
in addition to the ,committee on ,small 
,business1 for a period to be           
subsequently determined by the ,speaker1
 in each case for consideration of such 
provisions as fall within the           
jurisdiction of the committee concerned 
,a ,,bill  ,to provide for the          
collection and sharing of information1  
including tax return information1 for   
purposes of criminal investigations with
 respect to loans under the ,paycheck   
,protection ,program4  #a4 ,short title 
,this ,act may be cited as the ,,ppp    
,shell ,company ,discovery ,act4  #b4   
,collection and sharing of information  
for criminal investigations with respect
 to loans under the ,paycheck           
,protection ,program  7a7 ,list of loan 
recipients ,the ,secretary of the       

,treasury or the ,secretary's delegate  
7hereafter in this section referred to  
as the ,secretary71 after consultation  
with the ,administrator of the ,small   
,business ,administration1 the ,pandemic
 ,response ,accountability ,committee1  
and such other persons as the ,secretary
 determines appropriate1 shall compile a
 list of the persons who received ,,ppp 
loans4 ,such list shall include the     
name1 mailing address1 and taxpayer     
identifying number 7within the meaning  
of section #faji of the ,internal       
,revenue ,code of #aihf7 of1 and        
aggregate amount of ,,ppp loans received
 by1 each such person4 ,the ,secretary  
shall make all information included on  
such list available to officers and     
employees of the ,internal ,revenue     
,service and the ,department of         
,justice4  7b7 ,creation of lists of    
loan recipients based on certain payroll
 tax information  7#a7 ,list of loan    
recipients with no ,,fica tax           
withholding ,the ,commissioner of       

,internal ,revenue shall create a list  
of ,,ppp loan recipients 7including the 
information described in subsection 7a7 
with respect to each such recipient7    
which did not deduct and withhold any   
tax under section #cajb of the ,internal
 ,revenue ,code of #aihf during calendar
 year #bjai4  7#b7 ,list of loan        
recipients with large ,,ppp loans       
relative to ,,fica wages ,the           
,commissioner of ,internal ,revenue     
shall create a list of ,,ppp loan       
recipients 7including the information   
described in subsection 7a7 with respect
 to each such recipient7 with respect to
 whom the aggregate amount of ,,ppp     
loans received by such person 7as       
reported on the list described in       
subsection 7a77 equals or exceeds the   
product of-- 7,a7 the greatest amount of
 wages 7as defined in section #caba7;a7 
of the ,internal ,revenue ,code of      
#aihf7 for any calendar month during    
#bjai with respect to which tax was paid
 by such person under section #caaa of  

such ,code1 multiplied by  7,b7 #d4     
7#c7 ,notification of list completion   
,the ,commissioner of ,internal ,revenue
 shall notify the ,attorney ,general and
 the ,secretary of the ,treasury when   
each list described in paragraphs 7#a7  
and 7#b7 has been completed4  7#d7      
,authority to disclose lists for use in 
criminal investigations ,for authority  
and procedure for disclosure of return  
information for use in criminal         
investigations1 see section             
#fajc7;i77#a7 of the ,internal ,revenue 
,code of #aihf4  7c7 ,definitions ,for  
purposes of this section-- 7#a7 ,,ppp   
loans ,the term ,,ppp loan means a      
covered loan made under paragraph 7#cf7 
or 7#cg7 of section #g7;a7 of the ,small
 ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77
 that was forgiven under such paragraph 
7#cg7 or section #g;,a of such ,act 7#ae
 ,u4,s4,c4 #fcfm74  7#b7 ,,ppp loan     
recipient ,the term ,,ppp loan recipient
 means any person included on the list  
compiled by the ,secretary under        

subsection 7a74