What it changes

1 change to S.Amdt. 4402 · shown in S.Amdt. 4402's text

Adds a section
  1. Adds SEC. 1348. POLICY ON SUPPORT OF COMPETITIVE ENTERPRISE SYSTEM at the end of part IV of subtitle C of title I

    Adds a section

    In S.Amdt. 4402 as proposed

    (4) in subparagraph (C), by striking "not later" and inserting "Appeals.--Not later".

    Inserted: SEC. 1348. POLICY ON SUPPORT OF COMPETITIVE ENTERPRISE SYSTEM.

    Inserted: (a) Finding.--Congress finds that the competitive enterprise system, including small business concerns, is--

    Inserted: (1) characterized by individual freedom and initiative; and

    Inserted: (2) the primary source of economic strength of the United States.

    Inserted: (b) Policy.--Section 2 of the Small Business Act (15 U.S.C. 631) is amended by adding at the end the following:

    Inserted: "(k) Policy on Support of Competitive Enterprise System.--It is the declared policy of Congress that the Federal Government--

    Inserted: "(1) should support the competitive enterprise system of the United States, including small business concerns;

    Inserted: "(2) should not compete with the citizens of the United States;

    Inserted: "(3) should rely on commercial sources to supply the products and services required by the Federal Government; and

    Inserted: "(4) should avoid starting or carrying out any activity that provides a product or service that can be procured more effectively and efficiently from a nongovernmental source.".

    Original wording

    At the end of part IV of subtitle C of title I, add the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed

SA 4454. Mr. THUNE submitted an amendment intended to be proposed to amendment SA 4402 proposed by Mr. Reid (for Mr. Baucus (for himself, Ms. Landrieu, and Mr. Reid)) to the bill H.R. 5297, to create the Small Business Lending Fund Program to direct the Secretary of the Treasury to make capital investments in eligible institutions in order to increase the availability of credit for small businesses, to amend the Internal Revenue Code of 1986 to provide tax incentives for small business job creation, and for other purposes; which was ordered to lie on the table; as follows:

At the end of part IV of subtitle C of title I, add the following:

SEC. 1348. POLICY ON SUPPORT OF COMPETITIVE ENTERPRISE SYSTEM.

(a) Finding.--Congress finds that the competitive enterprise system, including small business concerns, is--

(1) characterized by individual freedom and initiative; and

(2) the primary source of economic strength of the United States.

(b) Policy.--Section 2 of the Small Business Act (15 U.S.C. 631) is amended by adding at the end the following:

“(k) Policy on Support of Competitive Enterprise System.--It is the declared policy of Congress that the Federal Government--

“(1) should support the competitive enterprise system of the United States, including small business concerns;

“(2) should not compete with the citizens of the United States;

“(3) should rely on commercial sources to supply the products and services required by the Federal Government; and

“(4) should avoid starting or carrying out any activity that provides a product or service that can be procured more effectively and efficiently from a nongovernmental source.”.

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Senate amendment submitted

July 12, 2010