Prohibition on suspending collections on SBA loans related to COVID–19

(a) Referral of claims The Administrator shall refer to the Department of the Treasury any claim for collection related to a covered loan under $100,000. (b) Department of the Treasury determination The Department of the Treasury shall render a final decision as to suspend, end, or make collection on a claim referred to the Department of the Treasury by the Administrator under subsection (a). (c) Briefings and testimony (1) Monthly briefings Not later than 30 days after the date of enactment of this Act, and every 30 days thereafter, the Administrator shall brief the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives on the progress of the Administrator in pursuing the collection of claims related to covered loans and transferring claims to the Department of the Treasury for collection in accordance with subchapter II of chapter 37 of title 31, United States Code. (2) Testimony (A) In general The Administrator shall testify annually before the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives on— (i) the implementation of collections of claims related to covered loans; (ii) improper payments related to covered programs; and (iii) the compliance of the Administration with the reporting requirements under subchapter IV of chapter 33 of title 31, United States Code. (B) Nondelegation The Administrator may not delegate the responsibility under subparagraph (A) to any other individual.