S.Amdt. 1846
What it does: Adds SEC. __. REMOVAL OF SUNSET DATES FOR CERTAIN PROVISIONS OF THE SMALL BUSINESS INVESTMENT ACT OF 1958 wherever appropriate
Sen. Benjamin L. Cardin (D-MD)What it changes
1 change to H.R. 3606
Adds SEC. __. REMOVAL OF SUNSET DATES FOR CERTAIN PROVISIONS OF THE SMALL BUSINESS INVESTMENT ACT OF 1958 wherever appropriate
Adds a sectionInserted: SEC. __. REMOVAL OF SUNSET DATES FOR CERTAIN PROVISIONS OF THE SMALL BUSINESS INVESTMENT ACT OF 1958.
Inserted: (a) Maximum Bond Amount.--Section 411(a)(1) of the Small Business Investment Act of 1958 (15 U.S.C. 694b(a)(1)) is amended by striking "does not exceed" and all that follows and inserting "does not exceed $5,000,000.".
Inserted: (b) Denial of Liability.--Section 411(e)(2) of the Small Business Investment Act of 1958 (15 U.S.C. 694b(e)(2)) is amended by striking "bonds exceeds" and all that follows and inserting "bonds exceeds $5,000,000,".
The amendment doesn't say where this goes; the clerk decides.
Original wording
At the appropriate place, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 1846. Mr. CARDIN (for himself, Ms. Landrieu, and Ms. Snowe) submitted an amendment intended to be proposed by him to the bill H.R. 3606, to increase American job creation and economic growth by improving access to the public capital markets for emerging growth companies; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. __. REMOVAL OF SUNSET DATES FOR CERTAIN PROVISIONS OF THE SMALL BUSINESS INVESTMENT ACT OF 1958.
(a) Maximum Bond Amount.--Section 411(a)(1) of the Small Business Investment Act of 1958 (15 U.S.C. 694b(a)(1)) is amended by striking “does not exceed” and all that follows and inserting “does not exceed $5,000,000.”.
(b) Denial of Liability.--Section 411(e)(2) of the Small Business Investment Act of 1958 (15 U.S.C. 694b(e)(2)) is amended by striking “bonds exceeds” and all that follows and inserting “bonds exceeds $5,000,000,”.
Legislative Activity
Stay on top of the latest movement without scrolling through every action
Senate amendment submitted
March 15, 2012