S.Amdt. 4482
What it does: 3 changes: replaces text, inserts text in 2 places
Sen. Tom Udall (D-NM)What it changes
3 changes to S.Amdt. 4402 · 1 shown in S.Amdt. 4402's text
Change 1: Replaces “The Secretary” with “Not later than 1 year after the date of enactment of this Act, and every year thereafter…”
ReplacesPage 199, line 6[struck: The Secretary][inserted: Not later than 1 year after the date of enactment of this Act, and every year thereafter for 5 years, the Secretary]Original wording
On page 199, line 6, strike “The Secretary” and insert “Not later than 1 year after the date of enactment of this Act, and every year thereafter for 5 years, the Secretary”.
Change 2: Inserts “and every year thereafter for 5 years,” before “the Secretary shall submit”
InsertsPage 199, line 10In S.Amdt. 4402 as proposed
(a) Study.--The Secretary shall conduct a study of the impact of the Program on women-owned businesses, veteran-owned businesses, and minority-owned businesses.
(b) Report.--Not later than one year after the date of enactment of this Act, [inserted: and every year thereafter for 5 years, ]the Secretary shall submit to Congress a report on the results of the study conducted pursuant to subsection (a). To the extent possible, the Secretary shall disaggregate the results of such study by ethnic group and gender.
(c) Information Provided to the Secretary.--Eligible institutions that participate in the Program shall provide the Secretary with such information as the Secretary may require to carry out the study required by this section.
Original wording
On page 199, line 10, insert “and every year thereafter for 5 years,” before “the Secretary shall submit”.
Change 3: Inserts new text on page 199, between lines 19 and 20
InsertsInserted: (d) Appropriate Action.--If the Secretary determines that the Program has not effectively served women-owned businesses, veteran-owned businesses, or minority-owned businesses, the Secretary may formulate a plan to redress the needs of the affected businesses.
Original wording
On page 199, between lines 19 and 20, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 4482. Mr. UDALL of New Mexico 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:
On page 199, line 6, strike “The Secretary” and insert “Not later than 1 year after the date of enactment of this Act, and every year thereafter for 5 years, the Secretary”.
On page 199, line 10, insert “and every year thereafter for 5 years,” before “the Secretary shall submit”.
On page 199, between lines 19 and 20, insert the following:
(d) Appropriate Action.--If the Secretary determines that the Program has not effectively served women-owned businesses, veteran-owned businesses, or minority-owned businesses, the Secretary may formulate a plan to redress the needs of the affected businesses.
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Senate amendment submitted
July 15, 2010