119th Congress · introduced in the House · May 19, 2026
Recover COVID Unemployment Fraud in Banks Act
Official title from Congress.gov
Latest action (Jul 13, 2026): Received in the Senate and Read twice and referred to the Committee on Finance.
View on Congress.govPolicy area: Finance and Financial Sector
Congressional Research Service summary, version: Reported to House (May 29, 2026)
Recover COVID Unemployment Fraud in Banks Act
This bill extends to 10 years the statute of limitations for federal criminal charges or civil enforcement actions for fraud related to several unemployment insurance programs that were established during the COVID-19 pandemic. The bill also establishes a task force to locate fraudulent payments and develop strategies to recover such payments.
The extension applies to Pandemic Unemployment Assistance, Federal Pandemic Unemployment Compensation, Mixed Earners Unemployment Compensation, and Pandemic Emergency Unemployment Compensation. The bill extends the statute of limitations for (1) criminal charges related to fraud, including aggravated identity theft, wire fraud, and conspiracy to commit fraud (currently subject to a 5-year statute of limitations); and (2) civil actions involving false claims (currently subject to a 6-year statute of limitations). However, the bill does not apply to a criminal prosecution or civil enforcement action if the applicable statute of limitations expired before the date of the bill's enactment.
The task force established by this bill must
• coordinate with state agencies to identify federal pandemic unemployment compensation payments held by financial institutions and other entities or held by state agencies responsible for unclaimed property,
• coordinate with federal agencies to develop model processes that result in the cost-effective recovery of such payments,
Show the full summary (2 more paragraphs)Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Received in the Senate and Read twice and referred to the Committee on Finance.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4269-4270)
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4269-4270)
DEBATE - The House proceeded with forty minutes of debate on H.R. 8873.
Considered under suspension of the rules. (consideration: CR H4269-4272)
Mr. Smith (MO) moved to suspend the rules and pass the bill, as amended.
Placed on the Union Calendar, Calendar No. 585.
Reported (Amended) by the Committee on Ways and Means. H. Rept. 119-671.
Reported (Amended) by the Committee on Ways and Means. H. Rept. 119-671.
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 41 - 0.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Ways and Means.
Introduced in House
Introduced in House
Actions from Congress.gov, newest first.
Advisory bodies · Cardiovascular and respiratory health · Emergency medical services and trauma care · Fraud offenses and financial crimes · Government studies and investigations · Infectious and parasitic diseases · Intergovernmental relations · State and local finance · State and local government operations · Unemployment
LD-2 reports whose issue descriptions explicitly cite this bill (bill type and number validated against Congress.gov records). A citation does not establish the client's position or any contact with a member.
Loading lobbying reportsCoverage: reports for 2025 onward, posted Jan 1, 2025 through Oct 23, 2026.
2 citations.
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL) · lobbying firm or registrant: SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 20, 2026 · issue area: Small Business
$45,000
Spent on own lobbying
…72: Support the legislation. Protecting Seniors and Stopping Fraudsters Act, H.R. 8883: Support the legislation. Recover COVID Unemployment Fraud in Banks Act, H.R. 8873: Support the legislation. Supporting Rural Communities, H. Res. 1182: Supported House passage of the resolution. WORKFORCE ISSUES: Workforce Apprenticeship Gro…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
SERVICE EMPLOYEES INTERNATIONAL UNION CTW-CLC · lobbying firm or registrant: SERVICE EMPLOYEES INTERNATIONAL UNION CTW-CLC
2025 Q4 report (Oct 1, 2025 – Dec 31, 2025) · amended · posted Jul 9, 2026 · issue area: Civil Rights/Civil Liberties
$255,000
Spent on own lobbying
…ating for democracy reforms that make elections more transparent, get more people involved in the political process, and expand voting rights. HR 8824, S 4573, HR 8873, HR 3867, HR 3422, S 1616 Advocating for judicial nominees that will uphold civil liberties, respect for the rule of law, and support workers' rights.
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing