S.Amdt. 532Senate111th Congress (2009-2011)2nd degree

S.Amdt. 532

Submitted February 6, 2009

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Senate amendment submitted

February 6, 2009

Text

Submitted

SA 532. Mr. PRYOR (for himself and Mrs. Lincoln) 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 8, line 10, before the period, insert the
following: ``: Provided, That, in making loans, loan
guarantees, and grants using funds made available under this
heading, the Secretary of Agriculture may waive the
application requirements related to project development cost
ratios and income, if the waiver is appropriate to expedite
use of the funds and the applicable annual median income of
the community does not exceed the greater of 120 percent of
the applicable annual State median income requirement or
$50,000''.
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