New Economy and Commerce Laws

Extends the time limit to 10 years for prosecuting fraud in PPP loans.

Extends the time limit to prosecute fraud for COVID-19 small business loans.

Temporarily removes import taxes on certain baby formula products.

Increases the debt limits for individuals and small businesses filing bankruptcy.

Changes rules for ocean shipping to make it fairer for U.S. businesses.

Establishes a committee to help award grants for fisheries research.

Suspends normal trade relations with Russia and Belarus due to the war in Ukraine.

Funds the federal government for fiscal year 2022 and provides aid for Ukraine.

Promotes innovative and cost-efficient purchasing methods for the government.

Increases the United States debt limit by $2.5 trillion.