No CRS summary available for this bill.
This section establishes a mandatory three-year exclusion in the System for Award Management (SAM)—the federal database barring awards of contracts, grants, and financial assistance—for individuals convicted of covered felonies arising from any agency contract, grant, cooperative agreement, loan, or other financial assistance. (Covered felonies include those under 18 U.S.C. §§ 286 (false claims), 287 (false/fraudulent claims), 371 (conspiracy to defraud U.S.), 641 (theft of public money), 666 (theft in federally funded programs), 1001 (false statements), 1014 (loan/mortgage fraud), 1017 (false debt securities), 1028 (fraud with IDs), 1028A (ID fraud agg.), 1030 (computer fraud), 1031 (major fraud), 1040(a)(2) (false franchise info), 1341 (mail fraud), 1343 (wire fraud), 1344 (bank fraud), 1345 (restraining fraud), 1349 (conspiracy to commit fraud), 1956 (money laundering), 1957 (monetary transactions in property from crime), and 15 U.S.C. § 645 (fraud in Small Business Administration programs such as false statements or embezzlement to obtain loans).) The Attorney General must notify the General Services Administration Administrator of convictions for prompt SAM entry; agency heads may waive the prohibition via written determination reported to Congress; and the provision does not limit other debarment, civil, or criminal remedies.
This section directs the Attorney General, in consultation with the Administrator of General Services, to issue guidance for implementing and complying with section 4715 of title 41, United States Code—as added by section 2—within one year after the date of enactment.