Sunset and evaluation

(a) Sunset (1) In general The authority to approve assistance under the Program shall terminate on the date that is five years after the date of the enactment of this Act, unless reauthorized by Congress. (2) Exception The provisions of paragraph (1) shall not apply with respect to assistance under the Program provided before the date described in paragraph (1), including loans, repayment obligations, audits, and recapture authorities. (b) Evaluation Not later than four years after the date of the enactment of this Act, the Comptroller General of the United States shall submit to Congress an evaluation of the effectiveness of the Program, including— (1) the effect of the Program on employment and investment in the United States; (2) the fiscal impact of the Program; (3) the extent to which assistance under the Program prevented offshoring or fraud or improper payments; and (4) whether the Program should be reauthorized, modified, or terminated.