Beth Van Duyne (R-TX)

Recover COVID Unemployment Fraud in Banks Act

H.R. 8873 · House bill Finance and Financial Sector

A Republican bill with 1 Democratic cosponsor · See all 2 cosponsors

Last activity — Received in the Senate and Read twice and referred to the Committee on Finance.

In the other chamber's committee

Passed one chamber and has been handed to a committee in the other.

The committee decides whether it goes any further, and most bills that reach a committee never leave it. A committee that simply does nothing kills a bill without anyone ever voting against it, so no news from here is usually the news.

Its path through Congress

  1. Introduced
  2. Passed House voice vote
  3. In Senate committee

The House by voice vote (members called out yes or no together): no member's position on it was recorded.

What this bill would do

This Act, known as the "Recover COVID Unemployment Fraud in Banks Act," aims to recover unclaimed pandemic-era unemployment compensation funds. It establishes a National Recovery Coordinator and a Task Force to oversee the identification and recovery of improper payments held by financial institutions or State agencies. The Task Force is responsible for coordinating with State and Federal agencies to develop cost-effective recovery processes and guidance. Additionally, the bill extends the statute of limitations for criminal prosecution and civil enforcement regarding pandemic unemployment fraud. This extension allows such actions to be brought up to 10 years after a violation or conspiracy occurs.

Yes· 3 of 5

  • Scored +5

    Does this make the government pay for what it commits to?

    Establishing a process to identify and recover improper payments improves oversight of public funds.

  • Scored +4

    Does this give people more protection from unfair business practices?

    The bill provides resources and notices for individuals whose identities were stolen for fraud.

  • Scored +3

    Does this reduce what the federal government owes?

    The bill seeks to recover improper pandemic payments, which returns funds to the Federal Government.

The opposite

  • Scored -4

    Does this protect the right to fair treatment by the courts?

    The extension of the statute of limitations to 10 years increases legal exposure for individuals.