The Complete COVID Collections Act seeks to prevent the halting of debt collections on small business loans that were issued in response to COVID-19. It extends the authority of the Special Inspector General for Pandemic Recovery to oversee and ensure accountability in...
Simple Explanation
The Complete COVID Collections Act is like a rulebook that says people must pay back the small business loans they took because of COVID-19, and there will be special helpers to make sure the money was used correctly and that everyone knows how we're getting back any misused money.