Fraudulent Covid Funds Recovery Act

This bill extends the statute of limitations for prosecuting fraud related to pandemic relief programs from 5 years to 10 years. It specifically applies to offenses involving funds from major pandemic-era laws like the CARES Act, Paycheck Protection Program, and American Rescue Plan. The key provision changes the deadline for filing charges, allowing prosecutors more time to pursue cases involving misuse of these specific relief funds. This affects federal prosecutors and individuals accused of fraud related to these programs. The bill does not create new offenses but adjusts the timeframe for existing prosecutions.