{"bill":{"id":"119-hr-324","congress":119,"type":"HR","number":324,"title":"PPP Shell Company Discovery Act","originChamber":"House","introducedDate":"2025-01-09","sponsors":[{"bioguideId":"T000480","fullName":"Rep. Timmons, William R. [R-SC-4]","party":"R","state":"SC","district":4}],"cosponsorsCount":0,"latestAction":{"actionDate":"2025-01-09","text":"Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned."},"policyArea":"Commerce","subjects":[],"actions":[{"date":"2025-01-09","text":"Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.","type":"IntroReferral","chamber":"House floor actions","hasVote":false},{"date":"2025-01-09","text":"Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.","type":"IntroReferral","chamber":"House floor actions","hasVote":false},{"date":"2025-01-09","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false},{"date":"2025-01-09","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false}],"summary":"<p><strong>PPP Shell Company Discovery Act</strong></p><p>This bill requires the Internal Revenue Service (IRS) to compile a list of Paycheck Protection Program (PPP) loan recipients whose loans were forgiven under the program.</p><p>Additionally, the IRS must compile (1) a list of such loan recipients who did not withhold payroll taxes in 2019, and (2) a list of loan such recipients for which the aggregate amount of PPP loans exceeded four times the greatest amount of wages paid by the recipient during a calendar month in 2019.</p><p>The IRS must notify the Department of Justice when the lists are complete.</p>","updateDate":"2025-02-27T14:05:47Z"},"markets":[],"stateBills":[],"meta":{"sources":["congress.gov"],"latencyMs":526,"ts":"2026-04-19T09:47:37.671Z"},"nextActions":{"inspect":[],"related":[{"description":"Search related legislation","method":"GET","url":"/api/public/query-gov?q=PPP%20Shell%20Company%20Discovery%20Act"}]}}