S.Amdt. 796Senate112th Congress (2011-2013)2nd degree

To end lending schemes that force taxpayers to repay the loans of delinquent developers and bailout failed or poorly planned local projects.

Sponsored by Tom CoburnSen. Tom Coburn (R-OK)
Submitted October 18, 2011

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5 earlier actions
Floor Latest Action

Roll call votes on amendments in Senate: Amendment SA 796 under the order of 10/20/2011, having achieved 60 votes in the affirmative, was agreed to in Senate by Yea-Nay Vote. 73 - 26. Record Vote Number: 185.

October 21, 2011

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Floor

Roll call votes on amendments in Senate: Amendment SA 796 under the order of 10/20/2011, having achieved 60 votes in the affirmative, was agreed to in Senate by Yea-Nay Vote. 73 - 26. Record Vote Number: 185.

October 21, 2011

Floor

Senate amendment agreed to: Amendment SA 796 under the order of 10/20/2011, having achieved 60 votes in the affirmative, was agreed to in Senate by Yea-Nay Vote. 73 - 26. Record Vote Number: 185.

October 21, 2011

Floor

Amendment SA 796 under the order of 10/20/2011, having achieved 60 votes in the affirmative, was agreed to in Senate by Yea-Nay Vote. 73 - 26. Record Vote Number: 185.

October 21, 2011

Floor

Senate amendment proposed (on the floor): Amendment SA 796 proposed by Senator Coburn to Amendment SA 738.

October 20, 2011

Floor

Amendment SA 796 proposed by Senator Coburn to Amendment SA 738. (consideration: CR S6808-6809, S6846; text: CR S6809) To end lending schemes that force taxpayers to repay the loans of delinquent developers and bailout failed or poorly planned local projects.

October 20, 2011

Floor

Senate amendment submitted

October 18, 2011

Text

Submitted

SA 796. Mr. COBURN submitted an amendment intended to be proposed by

[[Page S6678]]

him to the bill H.R. 2112, making appropriations for Agriculture, Rural
Development, Food and Drug Administration, and Related Agencies
programs for the fiscal year ending September 30, 2012, and for other
purposes; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:
Sec. __.  A person or entity that receives a Federal loan
using amounts made available under division A, division B, or
division C of this Act may not repay the loan using a Federal
grant or other award funded with amounts made available under
division A, division B, or division C of this Act; Provided
further, a grant or other award funded with amounts made
available under division A, division B, or division C of this
Act may not be used to repay a Federal loan.
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