The bill, H. R. 324, titled the "PPP Shell Company Discovery Act," is designed to assist in criminal investigations related to the Paycheck Protection Program (PPP) loans. It requires the Secretary of the Treasury to compile and share a list of all PPP loan recipients,...
Simple Explanation
The bill wants to help find people who might have lied to get money from a special loan program by letting certain government workers see a list of who got the money and some of their tax information. It's like a teacher checking which students actually turned in their homework honestly.