Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Congressional Research Service
Official summary
Version 53 · Passed House · Nov 30, 2023
Returning Erroneous COVID Loans Addressing Illegal and Misappropriated Taxpayer Funds Act or the RECLAIM Taxpayer Funds Act
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.
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
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: 11/28/2023 CR H5911)
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)
Considered as unfinished business. (consideration: CR H6029)
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 The point of no quorum was considered as withdrawn.
DEBATE - The House proceeded with forty minutes of debate on H.R. 4667.
Considered under suspension of the rules. (consideration: CR H5911-5913)
Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
Placed on the Union Calendar, Calendar No. 147.
Reported by the Committee on Small Business. H. Rept. 118-184.
Reported by the Committee on Small Business. H. Rept. 118-184.
Ordered to be Reported by the Yeas and Nays: 26 - 0.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Small Business.
Introduced in House
Introduced in House
Primary sources
Bill text & related measures
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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