S.Amdt. 985Senate111th Congress (2009-2011)

To modify the definition of the term "obligation".

Sponsored by Jon KylSen. Jon Kyl (R-AZ)
Submitted April 22, 2009

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Senate amendment submitted

April 22, 2009

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Senate amendment submitted

April 22, 2009

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Senate amendment proposed (on the floor): Amendment SA 985 proposed by Senator Kyl.(consideration: CR S4539-4540, S4543; text: CR S4539)

April 22, 2009

Floor

Senate amendment agreed to: Amendment SA 985 agreed to in Senate by Yea-Nay Vote. 94 - 1. Record Vote Number: 160.

April 22, 2009

Floor

Roll call votes on amendments in Senate: Amendment SA 985 agreed to in Senate by Yea-Nay Vote. 94 - 1. Record Vote Number: 160.

April 22, 2009

Floor

Amendment SA 985 proposed by Senator Kyl. (consideration: CR S4539-4540, S4543; text: CR S4539) To modify the definition of the term "obligation".

April 22, 2009

Floor

Amendment SA 985 agreed to in Senate by Yea-Nay Vote. 94 - 1. Record Vote Number: 160.

April 22, 2009

Text

Submitted

SA 985. Mr. KYL proposed an amendment to the bill S. 386, to improve
enforcement of mortgage fraud, securities fraud, financial institution
fraud, and other frauds related to federal assistance and relief
programs, for the recovery of funds lost to these frauds, and for other
purposes; as follows:

On page 26, strike lines 1 through 5, and insert the
following:

[[Page S4589]]

``(3) the term `obligation' means an established duty,
whether or not fixed, arising from an express or implied
contractual, grantor-grantee, or licensor-licensee
relationship, from a fee-based or similar relationship, from
statute or regulation, or from the retention of any
overpayment; and
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