S.Amdt. 39
What it does: Adds TITLE XVI--BENEFITS FOR MEMBERS OF THE ARMED FORCES AND THEIR FAMILIES at the end of the bill
Sen. John F. Kerry (D-MA)What it changes
1 change to S. 256 · shown in the bill's text
Adds TITLE XVI--BENEFITS FOR MEMBERS OF THE ARMED FORCES AND THEIR FAMILIES at the end of the bill
Adds a titleIn S. 256 · Reported to Senate
(b) Related Conforming Amendment.--Section 6(e) of the Securities Investor Protection Act of 1970 (15 U.S.C. 78fff(e)) is amended by striking "507(a)(1)" and inserting "507(a)(2)".
Inserted: TITLE XVI--BENEFITS FOR MEMBERS OF THE ARMED FORCES AND THEIR FAMILIES
Inserted: SEC. 1601. EXTENSION OF PERIOD OF TEMPORARY CONTINUATION OF BASIC ALLOWANCE FOR HOUSING FOR DEPENDENTS OF MEMBERS OF THE ARMED FORCES WHO DIE ON ACTIVE DUTY.
Inserted: Section 403(l) of title 37, United States Code, is amended by striking "180 days" each place it appears and inserting "365 days".
Inserted: SEC. 1602. GRANT ASSISTANCE FOR MILITARY RESERVISTS' SMALL BUSINESSES.
Inserted: (a) Authorization of Grants.--Section 7(b)(3)(B) of the Small Business Act (15 U.S.C. 636(b)(3)(B)) is amended by inserting "or grants" after "or a deferred basis)".
Inserted: (b) Grant Specifications.--Section 7(b)(3) of the Small Business Act (15 U.S.C. 636(b)(3)) is amended by inserting after subparagraph (F) the following:
Inserted: "(G) Grants made under subparagraph (B)--
Inserted: "(i) may be awarded in addition to any loan made under subparagraph (B);
Inserted: "(ii) shall not exceed $25,000; and
Inserted: "(iii) shall be made only to a small business concern--
Inserted: "(I) that provides a business plan demonstrating viability for not less than 3 future years;
Inserted: "(II) with 10 or fewer employees;
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Inserted: "(III) that has not received another grant under subparagraph (B) in the previous 2 years.".
Inserted: (c) Authorization of Appropriations.--Section 20(e)(2) of the Small Business Act (15 U.S.C. 631 note) is amended by inserting after subparagraph (B) the following:
Inserted: "(C) Grant assistance for military reservists' small businesses.--There are authorized to be appropriated for grants under section 7(b)(3)(B)--
Inserted: "(i) $10,000,000 for the first fiscal year beginning after the date of enactment of this subparagraph; and
Inserted: "(ii) $10,000,000 for each of the 2 fiscal years following the fiscal year described in clause (i).".
Original wording
Add at the end the following:
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As printed
SA 39. Mr. KERRY submitted an amendment intended to be proposed by him to bill S. 256, to amend title 11 of the United States Code, and for other purposes; which was ordered to lie on the table; as follows:
Add at the end the following:
TITLE XVI--BENEFITS FOR MEMBERS OF THE ARMED FORCES AND THEIR FAMILIES
SEC. 1601. EXTENSION OF PERIOD OF TEMPORARY CONTINUATION OF BASIC ALLOWANCE FOR HOUSING FOR DEPENDENTS OF MEMBERS OF THE ARMED FORCES WHO DIE ON ACTIVE DUTY.
Section 403(l) of title 37, United States Code, is amended by striking “180 days” each place it appears and inserting “365 days”.
SEC. 1602. GRANT ASSISTANCE FOR MILITARY RESERVISTS' SMALL BUSINESSES.
(a) Authorization of Grants.--Section 7(b)(3)(B) of the Small Business Act (15 U.S.C. 636(b)(3)(B)) is amended by inserting “or grants” after “or a deferred basis)”.
(b) Grant Specifications.--Section 7(b)(3) of the Small Business Act (15 U.S.C. 636(b)(3)) is amended by inserting after subparagraph (F) the following:
“(G) Grants made under subparagraph (B)--
“(i) may be awarded in addition to any loan made under subparagraph (B);
“(ii) shall not exceed $25,000; and
“(iii) shall be made only to a small business concern--
“(I) that provides a business plan demonstrating viability for not less than 3 future years;
“(II) with 10 or fewer employees;
“(III) that has not received another grant under subparagraph (B) in the previous 2 years.”.
(c) Authorization of Appropriations.--Section 20(e)(2) of the Small Business Act (15 U.S.C. 631 note) is amended by inserting after subparagraph (B) the following:
“(C) Grant assistance for military reservists' small businesses.--There are authorized to be appropriated for grants under section 7(b)(3)(B)--
“(i) $10,000,000 for the first fiscal year beginning after the date of enactment of this subparagraph; and
“(ii) $10,000,000 for each of the 2 fiscal years following the fiscal year described in clause (i).”.
Legislative Activity
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Senate amendment submitted
March 2, 2005