S.Amdt. 547

SA 547. 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

[[Page S1878]]

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:

At the appropriate place, insert the following:

SEC. ___. LAPSE OF ADDITIONAL SPENDING.

(a) Lapse Unless Approved.--Notwithstanding any other
provision of this Act and subject to subsections (b) and (c),
all of the funds appropriated or otherwise made available by
this Act shall be available for obligation only through Sept
30, 2009. Any such funds not obligated by Oct. 1, 2009 shall
expire.
(b) Budget Request.--Not later than September 10, 2009, the
President may submit to Congress a written certification that
spending provided in this Act is required for fiscal year
2010.
(c) Congressional Resolution of Approval.--
(1) In general.--Amount made available in this Act
described in subsection (a) shall be available for fiscal
year 2010 if Congress enacts a resolution of approval in
accordance with the procedures provided for a resolution of
disapproval under section 115(c) of the Emergency Economic
Stabilization Act of 2008.
(2) Submission of certification.--For purposes of this
subsection, the certification of the President under this
section shall be deemed to be the report of the plan of the
Secretary under section 115(c) of the Emergency Economic
Stabilization Act of 2008.
______