S.Amdt. 289

SA 289. Mr. COBURN submitted an amendment intended to be proposed to
amendment SA 98 proposed by Mr. Inouye (for himself and Mr. Baucus) to
the bill H.R. 1, making supplemental appropriations for job
preservation and creation, infrastructure investment, energy efficiency
and science, assistance to the unemployed, and State and local fiscal
stabilization, for fiscal year ending September 30, 2009, and for other
purposes; which was ordered to lie on the table; as follows:

On page 162, between lines 6 and 7, insert the following:
(E) Prohibition.--Notwithstanding any other provision of
this section, a State higher education agency shall not award
a subgrant under this section to an institution of higher
education that--
(i) has an endowment exempt from taxation under subtitle A
of the Internal Revenue Code of 1986 that is more than
$15,000,000,000; or
(ii) has paid more than $1,000,000 for lobbying activities,
as such term is defined in section 3 of the Lobbying
Disclosure Act of 1995 (2 U.S.C. 1602), in the preceding
fiscal year.
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