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H. Rept. 119-677 1 (2026-06-03)

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INFORMATION 4













                     119TH CONGRESS                                         REPORT
                        2d Session  J  HOUSE   OF REPRESENTATIVES           119-677







                             COVID   FRAUD TRANSPARENCY ACT OF 2026



                      JUNE 3, 2026.-Committed to the Committee of the Whole House on the State of
                                        the Union and ordered to be printed



                      Mr. WILLIAMS   of Texas, from the Committee  on Small  Business,
                                          submitted  the  following


                                              REPORT

                                                together with

                                            MINORITY VIEWS

                                            [To accompany H.R. 826]

                      The  Committee   on Small Business, to whom   was referred the bill
                    (H.R.  826) to require the Inspector General  of the Small Business
                    Administration   to submit  a quarterly report on  fraud relating to
                    certain COVID-19 loans, having considered the same, reports fa-
                    vorably  thereon with an  amendment   and  recommends   that the bill
                    as amended   do pass.

                                                 CONTENTS
                                                                                     Page
                       I. Purpose and Bill Sum m ary  ..........................................................................  2
                       II. N eed  for  Legislation  .....................................................................................  2
                       III.  H earin gs  ........................................................................................................  2
                       IV. Com m ittee  Consideration  .............................................................................  3
                       V . C om m ittee  V otes  ...........................................................................................  3
                       VI. Section-by-Section  of H .R. 826  ......................................................................  5
                     VII. Congressional Budget Office Cost Estimate ...............................................  5
                     VIII. New Budget Authority, Entitlement Authority, and Tax Expenditures 5
                     IX. Oversight Findings & Recommendations ....................................................  5
                     X.  Performance Goals and  Objectives  ...............................................................  6
                     XI. Statement of Duplication of Federal Programs ................... 6
                     XII. Congressional Earmarks, Limited Tax Benefits, and Limited Tariff Ben-
                           efits .......................................................................................................... ....  6
                    XIII. Federal M andates  Statem ent  ......................................................................  6
                    XIV. Federal Advisory Committee Statement ......................................................  6
                    XV.  Applicability  to  Legislative  Branch  ..............................................................  6
                    XVI. Statement of Constitutional Authority ........................................................  6
                    V II. M inority  V iew s  ...............................................................................................  7


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