WASHINGTON, D.C. – Hundreds of millions of dollars in unspent COVID-era unemployment insurance (UI) funds will be returned to taxpayers thanks to bipartisan legislation approved by the U.S. House of Representatives. The Recover COVID Unemployment Fraud in Banks Act (H.R. 8873), introduced by Ways and Means Committee members Representatives Beth Van Duyne (TX-24) and Tom Suozzi (NY-03), improves coordination between the federal government and state partners to chart a course for retrieving the nearly $1 billion in unspent COVID UI funds suspected of fraud that have been sitting frozen in local financial institutions for years. The legislation also extends the statute of limitations for prosecuting pandemic unemployment insurance fraud to give law enforcement more time to bring those criminals to justice.
Ways and Means Committee Chairman Jason Smith (MO-08) issued the following…
Report any lost or stolen ID documents immediately to the South African Police Service (SAPS) and get a case number to protect yourself from future identity fraud liability.