,,ib ,union ,cal5d> ,no4 #ehe #aai?     
,,congress  #b;d ,session  ,h4 ,r4 #hhgc
 ,report ,no4 #aai-fga ,,9 ,,! ,,h\se   
,,( ,,repres5tatives  ,may #ai1         
#bjbf,ms4 ,van ,duyne 7= h]self & ,mr4  
,suozzi7 introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,ways & ,means
  ,may #bi1 #bjbf;,additional sponsor3  
,mr4 ,fe5/ra  ,may #bi1 #bjbf,report$ ) 
an am5dm5t1 committ$ to ! ,committee ( !
 ,:ole ,h\se on ! ,/ate ( ! ,union1 &   
ord]$ to be printed,strike out all aft] 
! enact+ clause & ins]t ! "p pr9t$ 9    
italic,for text ( introduc$ bill1 see   
copy ( bill z introduc$ on ,may #ai1    
#bjbf  ,a ,,bill  ,to recov] unclaim$   
p&emic-era unemploym5t comp5sation funds
 held by f9ancial in/itutions or es*eat$
 to ,/ate unclaim$ prop]ty adm9i/rators1
 & = o!r purposes4  #a4 ,%ort title ,?is
 ,act may be cit$ z ! ,recov] ,,covid   
,unemploym5t ,fraud 9 ,banks ,act4  #b4 
,national recov]y coord9ator & task =ce 
7a7 ,9 g5]al  7#a7 ,designation (       
national recov]y coord9ator ,! ,secret>y

 ( ,labor1 9 consultation ) ! ,secret>y 
( ! ,treasury1 ! ,inspector ,g5]al ( !  
,dep>tm5t ( ,labor1 & ! ,attorney       
,g5]al1 %all designate an (ficial to    
s]ve z ,national ,recov]y ,coord9ator to
 ov]see & coord9ate ! activities &      
responsibilities ( ! task =ce describ$ 9
 p>agraph 7#b74  7#b7 ,task =ce         
e/abli%m5t ,n lat] ?an #cj days aft] !  
date ( enactm5t ( ?is ,act1 ! ,national 
,recov]y ,coord9ator %all conv5e a task 
=ce to be nam$ ! ,recov] ,p&emic        
,unemploym5t ,funds 9 ,banks ,task ,=ce 
79 ?is section1 ! ,task ,=ce74  7#c7    
,memb]s ,! ,task ,=ce %all include--    
7,a7 ! ,attorney ,g5]al1 or _! designee2
  7,b7 ! ,secret>y ( ,labor1 or _!      
designee2  7,c7 ! ,inspector ,g5]al ( ! 
,dep>tm5t ( ,labor1 or _! designee2     
7,d7 ! ,secret>y ( ! ,treasury1 or _!   
designee2  7,e7 ! ,*airman ( ! ,f$]al   
,deposit ,insurance ,corporation1 or _! 
designee2 &  7,f7 ! ,director ( !       
,consum] ,f9ancial ,protection ,bureau1 
or _! designee4  7b7 ,task =ce          

responsibilities ,x %all be !           
responsibility ( ! ,task ,=ce to-- 7#a7 
coord9ate ) applicable ,/ate ag5cies to 
id5tify ,f$]al p&emic unemploym5t       
comp5sation paym5ts issu$ on prepaid    
debit c>ds t-- 7,a7 are held by f9ancial
 in/itutions1 & o!r entities id5tifi$ by
 ! ,inspector ,g5]al ( ! ,dep>tm5t (    
,labor1 contract$ by a ,/ate ag5cy to   
transf] su* paym5ts to unemploym5t      
claimants2 or  7,b7 7 transf]r$ by su*  
an entity to1 & are curr5tly held by1 a 
,/ate ag5cy responsible = unclaim$      
prop]ty2  7#b7 coord9ate ) appropriate  
,f$]al ag5cies to develop model         
processes :i* comply ) relevant ,f$]al &
 ,/ate laws & result 9 co/-effective    
recov]y ( ! paym5ts id5tifi$ "u p>agraph
 7#a71 includ+ issu+ guidance1 9        
coord9ation ) ! ,secret>y ( ,labor1 to  
adm9i/rators ( ,/ate ag5cies responsible
 = adm9i/]+ ,f$]al unemploym5t          
comp5sation paym5ts or det]m9+ fraud 9  
su* programs1 includ+-- 7,a7 guidel9es  
=-- 7i7 review+ su* paym5ts & det]m9+ if

 su* a paym5t 0 an improp] paym5t2  7ii7
 det]m9+ :e!r co/-effective recov]y ( an
 improp] paym5t is possible1 includ+ a  
?re%old1 or a me?odology = calculat+ a  
doll> ?re%old1 = co/-effective recov]y2 
&  7iii7 actions1 consi/5t ) ,/ate law1 
to be tak5 by ! ,/ate ag5cy if an       
improp] paym5t is det]m9$ to be ! result
 ( fraud2  7,b7 assurances t1 subject to
 section #cjc7;g7 ( ! ,social ,security 
,act 7#db ,u4,s4,c4 #ejc7;g771 any      
action tak5 9 relation to a det]m9ation 
t a paym5t id5tifi$ "u p>agraph 7#a7 is 
an improp] paym5t %all be tak5 "u ,/ate 
law2  7,c7 a model notice & in=mation1  
develop$ 9 coord9ation ) ! ,consum]     
,f9ancial ,protection ,bureau1 ab\t     
res\rces available to individuals ^:    
id5tity in=mation is det]m9$ to h be5   
fraudul5tly us$ to obta9 ,f$]al p&emic  
unemploym5t comp5sation2  7,d7 in=mation
 on ! legal pa?ways describ$ "u         
p>agraphs 7#c7 & 7#d7 = recov]y (       
paym5ts t are improp] paym5ts held by   
f9ancial in/itutions & ag5cies describ$ 

9 p>agraph 7#a72 &  7,e7 proc$ural      
requirem5ts = ,/ate ag5cies to foll[ :5 
funds are return$ by su* in/itutions t  
provides a /&>diz$ me?odology to return 
funds to ! ,f$]al ,gov]nm5t2  7#c7 issue
 guidance1 9 coord9ation ) ! ,comptroll]
 ( ! ,curr5cy & ,*airman ( ! ,f$]al     
,deposit ,insurance ,corporation1 to    
f9ancial in/itutions describ$ 9 p>agraph
 7#a7 t are hold+ paym5ts t are improp] 
paym5ts t provides in=mation on a legal 
pa?way1 consi/5t ) bank+ regulations &  
applicable contracts ) ,/ate ag5cies1 = 
return+ su* paym5ts to ! appropriate    
,/ate ag5cy2 &  7#d7 issue guidance1 9  
coord9ation ) ! ,secret>y ( ,treasury1  
to adm9i/rators ( ,/ate ag5cies         
responsible = unclaim$ prop]ty on !     
obligations ( su* ag5cies to review &   
return paym5ts describ$ 9 p>agraph      
7#a77;,b7 to ! appropriate ,/ate ag5cy4 
7c7 ,consultation requirem5t ,9 develop+
 ! guidance requir$ to be issu$ "u      
p>agraphs 7#b71 7#c71 & 7#d7 (          
subsection 7b71 ! ,task ,=ce %all       

consult ) ,/ate ag5cies & incorporate   
be/ practices f previ\s attempts by any 
su* ,/ates to recov] paym5ts det]m9$ to 
be improp] paym5ts f in/itutions        
describ$ 9 p>agraph 7#a77;,a7 ( su*     
subsection4  7d7 ,/ate adm9i/rative co/s
 ,! ,secret>y ( ,labor %all reimburse   
,/ates = all adm9i/rative co/s incurr$ z
 a result ( coord9ation ) ! ,task ,=ce  
by reason ( an agreem5t "u section      
#bajb1 #bajd1 or #bajg ( ! ,,c>es ,act  
7#ae ,u4,s4,c4 #ibja2 #ibjc2 #ibje74    
7e7 ,def9itions ,except z o!rwise       
specifi$1 9 ?is section3 7#a7 ,f$]al    
p&emic unemploym5t comp5sation ,! t]m   
,f$]al p&emic unemploym5t comp5sation   
means a paym5t (-- 7,a7 p&emic          
unemploym5t assi/ance "u section        
#bajb7;b7 ( ! ,,c>es ,act 7#ae ,u4,s4,c4
 #ijba7;b772  7,b7 ,f$]al ,p&emic       
,unemploym5t ,comp5sation & ,mix$ ,e>n] 
,unemploym5t ,comp5sation "u section    
#bajd7;b77#a7 ( ! ,,c>es ,act 7#ae      
,u4,s4,c4 #ijbc7;b77#a772 &  7,c7 p&emic
 em]g5cy unemploym5t comp5sation "u     

section #bajg7;a77#b7 ( ! ,,c>es ,act   
7#ae ,u4,s4,c4 #ijbe7;a77#b774  7#b7    
,improp] paym5t ,! t]m improp] paym5t   
means any am\nt ( a p&emic unemploym5t  
paym5t to :i* ! individual is n entitl$4
  7#c7 ,/ate2 /ate ag5cy2 /ate law ,!   
t]ms ,/ate1 ,/ate ag5cy1 & ,/ate law h !
 mean+s giv5 ^? t]ms 9 section #bje ( ! 
,f$]al-,/ate ,ext5d$ ,unemploym5t       
,comp5sation ,act ( #aigj 7#bf ,u4,s4,c4
 #ccjd note74  #c4 ,ext5sion ( ! /atute 
( limitations = p&emic unemploym5t fraud
 by individuals "u c]ta9 unemploym5t    
programs  7a7 ,p&emic unemploym5t       
assi/ance ,section #bajb ( ! ,,c>es ,act
 7#ae ,u4,s4,c4 #ijba7 is am5d$-- 7#a7  
by r$esignat+ subsection 7h7 z          
subsection 7i72 &  7#b7 by ins]t+ aft]  
subsection 7g7 ! foll[+ new subsection3 
7h7 ,/atute ( ,limitations  7#a7 ,9     
g5]al ,not)/&+ any o!r provision ( law &
 subject to p>agraph 7#b71 any crim9al  
prosecution or civil en=cem5t action = a
 violation (1 or conspiracy to violate1 
section #cga1 #fda1 #ajbh;,a1 #ajbi1    

#acda1 #acdc1 #acdd1 #acdi1 #aief1 or   
#aieg ( title #ah1 ,unit$ ,/ates ,code1 
or section #cgbi or #chjb ( title #ca1  
,unit$ ,/ates ,code1 ) respect to any   
unemploym5t comp5sation claim fund$ 9   
:ole or 9 "p by p&emic unemploym5t      
assi/ance "u ?is section %all be br\ght 
n lat] ?an #aj ye>s aft] ! date ( !     
violation or conspiracy4  7#b7          
,exception ,p>agraph 7#a7 %all n apply )
 respect to a crim9al prosecution or    
civil en=cem5t action if ! /atute (     
limitations applicable to su* crim9al   
prosecution or civil en=cem5t action    
expir$ prior to ! date ( enactm5t ( !   
,recov] ,,covid ,unemploym5t ,fraud 9   
,banks ,act4  4  7b7 ,f$]al ,p&emic     
,unemploym5t ,comp5sation & ,mix$ ,e>n] 
,unemploym5t comp5sation ,section       
#bajd7;f7 ( ! ,,c>es ,act 7#ae ,u4,s4,c4
 #ijbc7;f77 is am5d$ by add+ at ! end ! 
foll[+ new p>agraph3  7#e7 ,/atute (    
,limitations  7,a7 ,9 g5]al ,not)/&+ any
 o!r provision ( law & subject to       
subp>agraph 7,b71 any crim9al           

prosecution or civil en=cem5t action = a
 violation (1 or conspiracy to violate1 
section #cga1 #fda1 #ajbh;,a1 #ajbi1    
#acda1 #acdc1 #acdd1 #acdi1 #aief1 or   
#aieg ( title #ah1 ,unit$ ,/ates ,code1 
or section #cgbi or #chjb ( title #ca1  
,unit$ ,/ates ,code1 ) respect to any   
unemploym5t comp5sation claim fund$ 9   
:ole or 9 "p by ,f$]al ,p&emic          
,unemploym5t ,comp5sation or ,mix$ ,e>n]
 ,unemploym5t ,comp5sation "u ?is       
section %all be br\ght n lat] ?an #aj   
ye>s aft] ! date ( ! violation or       
conspiracy4  7,b7 ,exception            
,subp>agraph 7,a7 %all n apply ) respect
 to a crim9al prosecution or civil      
en=cem5t action if ! /atute (           
limitations applicable to su* crim9al   
prosecution or civil en=cem5t action    
expir$ prior to ! date ( enactm5t ( !   
,recov] ,,covid ,unemploym5t ,fraud 9   
,banks ,act4  4  7c7 ,p&emic em]g5cy    
unemploym5t comp5sation ,section        
#bajg7;e7 ( ! ,,c>es ,act 7#ae ,u4,s4,c4
 #ijbe7;e77 is am5d$ by add+ at ! end ! 

foll[+ new p>agraph3  7#e7 ,/atute (    
,limitations  7,a7 ,9 g5]al ,not)/&+ any
 o!r provision ( law & subject to       
subp>agraph 7,b71 any crim9al           
prosecution or civil en=cem5t action = a
 violation (1 or conspiracy to violate1 
section #cga1 #fda1 #ajbh;,a1 #ajbi1    
#acda1 #acdc1 #acdd1 #acdi1 #aief1 or   
#aieg ( title #ah1 ,unit$ ,/ates ,code1 
or section #cgbi or #chjb ( title #ca1  
,unit$ ,/ates ,code1 ) respect to any   
unemploym5t comp5sation claim fund$ 9   
:ole or 9 "p by ,p&emic ,em]g5cy        
,unemploym5t ,comp5sation "u ?is section
 %all be br\ght n lat] ?an #aj ye>s aft]
 ! date ( ! violation or conspiracy4    
7,b7 ,exception ,subp>agraph 7,a7 %all n
 apply ) respect to a crim9al           
prosecution or civil en=cem5t action if 
! /atute ( limitations applicable to su*
 crim9al prosecution or civil en=cem5t  
action expir$ prior to ! date ( enactm5t
 ( ! ,recov] ,,covid ,unemploym5t ,fraud
 9 ,banks ,act4  4  7d7 ,effective date 
,! am5dm5ts made by section ,act %all   

take effect on ! date ( enactm5t ( ?is  
,act4  ,may #bi1 #bjbf,report$ ) an     
am5dm5t1 committ$ to ! ,committee ( !   
,:ole ,h\se on ! ,/ate ( ! ,union1 &    
ord]$ to be pr9t$