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Troy Downing: “HR4495, the SBA Fraud Enforcement Extension Act...extends…”

Featuring: Troy Downing, Republican | U.S. House Montana, 2nd Congressional District

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Troy Downing Calls For Assistance For Businesses 'Disproportionately Harmed By Lockdown Policy'

Published | Video Starts at 01:36

If Congress doesn't act, law enforcement will not be able to investigate and prosecute these crimes. This is why I introduced HR4495, the SBA Fraud Enforcement Extension Act...extends the statute of limitations from 5 years to 10 years for fraud with respect to SBA's Restaurant Revitalization Fund and Shuttered Venue Operations Grant. This extension will provide critical time for law enforcement to track down fraudsters and and hold them accountable. (01:36–01:50)

CLAIM

Asserts that HR4495 extends the statute of limitations for fraud in certain SBA programs from 5 to 10 years.

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