S.Amdt. 4542

SA 4542. Ms. LANDRIEU submitted an amendment intended to be proposed
to amendment SA 4519 proposed by Mr. Reid (for himself, Mr. Baucus, and
Ms. Landrieu) 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 245, between lines 12 and 13, insert the following:

SEC. 4114. CONFORMING AMENDMENT.

Section 171(b)(5) of the Dodd-Frank Wall Street Reform and
Consumer Protection Act (Public Law 111-203) is amended--
(1) in subparagraph (B), by striking ``or'' at the end;
(2) in subparagraph (C), by striking the period at the end
and inserting ``; or''; and
(3) by adding at the end the following:
``(D) debt or equity instruments of a depository
institution holding company organized in the mutual form or
as an S corporation that are issued to or purchased by the
United States, or any agency or instrumentality thereof,
under the Small Business Lending Fund Program during the 1-
year period beginning on the date of enactment of the Small
Business Jobs Act of 2010.''.
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