S.Amdt. 1002
What it does: Adds Sec. 3__. In the event that the recipient of a loan guarantee issued by the Department of Energy using funds made available under this Act defaults and is subsequently in repayment on the loan guarantee, the Federal Government shall be the first party to be repaid at the end of title III of division A
Sen. Johnny Isakson (R-GA)What it changes
1 change to S.Amdt. 957
Adds Sec. 3__. In the event that the recipient of a loan guarantee issued by the Department of Energy using funds made available under this Act defaults and is subsequently in repayment on the loan guarantee, the Federal Government shall be the first party to be repaid at the end of title III of division A
Adds a sectionInserted: Sec. 3__. In the event that the recipient of a loan guarantee issued by the Department of Energy using funds made available under this Act defaults and is subsequently in repayment on the loan guarantee, the Federal Government shall be the first party to be repaid.
Original wording
At the end of title III of division A, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 1002. Mr. ISAKSON submitted an amendment intended to be proposed to amendment SA 957 proposed by Mr. Reid to the bill H.R. 2354, making appropriations for energy and water development and related agencies for the fiscal year ending September 30, 2012, and for other purposes; which was ordered to lie on the table; as follows:
At the end of title III of division A, add the following:
Sec. 3__. In the event that the recipient of a loan guarantee issued by the Department of Energy using funds made available under this Act defaults and is subsequently in repayment on the loan guarantee, the Federal Government shall be the first party to be repaid.
Legislative Activity
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Senate amendment submitted
November 15, 2011