H.R. 8873
119th Congress
Recover COVID Unemployment Fraud in Banks Act
2
Cosponsors
15
Actions
0
Amendments
2
Committees
—
Since introduced
Received in the Senate and Read twice and referred to the Committee on Finance.
13 juillet 2026·1 week ago
Summary
Reported to House · Updated 24 juin 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,
- issue guidance to financial institutions on legal pathways for returning such payments, and
- issue guidance to state unclaimed property agencies on their obligation to review and return such payments.
Timeline
15 actions
Received in the Senate and Read twice and referred to the Committee on Finance.
13 juillet 2026 · IntroReferral
Mr. Smith (MO) moved to suspend the rules and pass the bill, as amended.
29 juin 2026 · Floor
DEBATE - The House proceeded with forty minutes of debate on H.R. 8873.
29 juin 2026 · Floor
Mr. Smith (MO) moved to suspend the rules and pass the bill, as amended.
29 juin 2026 · Floor
Considered under suspension of the rules.
29 juin 2026 · Floor
Motion to reconsider laid on the table Agreed to without objection.
29 juin 2026 · Floor
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
29 juin 2026 · Floor
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
29 juin 2026 · Floor
Reported (Amended) by the Committee on Ways and Means. H. Rept. 119-671.
29 mai 2026 · Committee
Reported (Amended) by the Committee on Ways and Means. H. Rept. 119-671.
29 mai 2026 · Committee
Reported (Amended) by the Committee on Ways and Means. H. Rept. 119-671.
29 mai 2026 · Committee
Placed on the Union Calendar, Calendar No. 585.
29 mai 2026 · Calendars
Reported (Amended) by the Committee on Ways and Means. H. Rept. 119-671.
29 mai 2026 · Committee
Placed on the Union Calendar, Calendar No. 585.
29 mai 2026 · Calendars
Reported (Amended) by the Committee on Ways and Means. H. Rept. 119-671.
29 mai 2026 · Committee
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 41 - 0.
21 mai 2026 · Committee
Committee Consideration and Mark-up Session Held
21 mai 2026 · Committee
Committee Consideration and Mark-up Session Held
21 mai 2026 · Committee
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 41 - 0.
21 mai 2026 · Committee
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 41 - 0.
21 mai 2026 · Committee
Sponsorship
2 cosponsors
Sponsor
Republican:Rep. Van Duyne, Beth [R-TX-24]TXCosponsors
- Democrat150%
- Republican150%
- Republican:Rep. Feenstra, Randy [R-IA-4]IA
- Democrat:Rep. Suozzi, Thomas R. [D-NY-3]NY
Classification
Policy area
Finance and Financial SectorLegislative subjects
Committees
2
Ways and Means Committee
House · Standing
- Referred To19 May 2026
- Markup By21 May 2026
- Reported By29 May 2026
Finance Committee
Senate · Standing
- Referred To13 Jul 2026
Reports
Cosponsor momentum
Cumulative over time
Cosponsors grew from 1 on 19 mai 2026 to 2 on 21 mai 2026.
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