What a yes vote endorsed
COVID Fraud Transparency Act of 2026
What this does
The Act requires the Inspector General of the Small Business Administration to submit a report on borrowers engaged in fraud with respect to certain COVID-19 loans. The first report is due within 60 days of enactment, and a new one every three months after that. Covered loans are Paycheck Protection Program loans and disaster loans made in response to COVID-19 under the Small Business Act. Each report must state the number and total dollar amount of covered loans made, the number of new and suspected fraud cases, the number of resolved cases, and the types of fraud involved. The reporting requirement ends two years after enactment.
Passed the House by voice vote
How we know · 6 sourced claims
- The Act requires the Inspector General of the Small Business Administration to submit a report on borrowers engaged in fraud with respect to certain COVID-19 loans.Source: Sec. 2(a)
- The first report is due within 60 days of enactment, and a new one every three months after that.Source: Sec. 2(a)
- Covered loans are Paycheck Protection Program loans and disaster loans made in response to COVID-19 under the Small Business Act.Source: Sec. 2(c)
- Each report must state the number and total dollar amount of covered loans made, the number of new and suspected fraud cases, the number of resolved cases, and the types of fraud involved.Source: Sec. 2(b)
- The reporting requirement ends two years after enactment.Source: Sec. 2(d)
- It sets up a recurring fraud report from the SBA Inspector General on COVID-19 loans and does not carry a second subject.Source: Sec. 1 to Sec. 3
Reported lobbying
At least
1
organization named this measure in a lobbying filing.
A floor, not a total. Those organizations were counted by the client name on 4 quarterly reports filed by 1 registered lobbying firm in 2025 Q1, 2025 Q2, 2025 Q3 and 2025 Q4. The disclosure form takes a free text description of the issue, so an organization that lobbied this measure without naming it is not counted here.
The filings record that lobbying was reported on the measure. They carry no per-bill dollar figure and no position, so nothing here says how much was spent or which side an organization took.
The organization named
- ASSOCIATION OF EQUIPMENT MANUFACTURERS
Listed as filed. It is every client name on the filings counted here.
From the LD-2 quarterly lobbying filings published at lda.gov by the Senate Office of Public Records. Read for 2025 Q1, 2025 Q2, 2025 Q3, 2025 Q4, 2026 Q1 and 2026 Q2. The pull came up 2 short in 2025 Q4 and 7 short in 2026 Q2 against the register's own count, so those quarters are the filings posted rather than every one filed. 2026 Q3 is still inside its filing window, so that quarter is only the filings posted so far.