118th Congress Commerce
H.R. 4667: RECLAIM Taxpayer Funds Act
Passed House
- Introduced (completed)
- Passed House (completed)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill requires the Small Business Administration (SBA) to issue guidance for borrowers and lenders about returning any unused Paycheck Protection Program (PPP) loan amounts made to the borrower. The SBA must track the amounts of PPP loans returned to mitigate the risk of financial loss.
The guidance must be issued not later than 30 days after the bill is enacted.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Morgan McGarvey D-KYOriginal
- Nicolas LaLota R-NY
Who scored on this bill
- 1Maria Salazar SponsorDrew cross-party cosponsors, introduced, reported, passed House4 events+56
- 2Nicolas LaLotaCosponsored; cosponsored bill passed2 events+4
- 2Morgan McGarveyCosponsored; cosponsored bill passed2 events+4
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
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History
- Passed the House by voice vote.
- Introduced in the House by Maria Salazar.
Show the full action history (15 actions)
- Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Considered as unfinished business. (consideration: CR H6029)
- Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 11/28/2023 CR H5911)
- On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 11/28/2023 CR H5911)
- Motion to reconsider laid on the table Agreed to without objection.
- Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
- Considered under suspension of the rules. (consideration: CR H5911-5913)
- DEBATE - The House proceeded with forty minutes of debate on H.R. 4667.
- At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Williams (TX) objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.
- Reported by the Committee on Small Business. H. Rept. 118-184.
- Placed on the Union Calendar, Calendar No. 147.
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported by the Yeas and Nays: 26 - 0.
- Introduced in House
- Referred to the House Committee on Small Business.