S.Amdt. 2444Senate114th Congress (2015-2017)3rd degree
S.Amdt. 2444
Sponsored by
Sen. James Lankford (R-OK)
Submitted July 26, 2015
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Senate amendment submitted
July 26, 2015
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Senate amendment submitted
July 26, 2015
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Senate amendment submitted
July 26, 2015
Text
Submitted
SA 2444. Mr. LANKFORD submitted an amendment intended to be proposed to amendment SA 2327 submitted by Mr. Kirk (for himself, Mr. Graham, Mr. Blunt, Ms. Ayotte, Ms. Heitkamp, Mr. Manchin, Mr. Donnelly, Mr. Warner, Ms. Klobuchar, and Ms. Cantwell) to the amendment SA 2266 proposed by Mr. McConnell to the bill H.R. 22, to amend the Internal Revenue Code of 1986 to exempt employees with health coverage under TRICARE or the Veterans Administration from being taken into account for purposes of determining the employers to which the employer mandate applies under the Patient Protection and Affordable Care Act; which was ordered to lie on the table; as follows: At the end of subtitle E of the amendment, add the following: SEC. __54. LIMITATION ON LOAN GUARANTEES. Section 2 of the Export-Import Bank Act of 1945 (12 U.S.C. 635), as amended by section __51, is further amended by adding at the end the following: ``(l) Limitation on Loan Guarantees.-- ``(1) In general.--Except as provided by paragraph (2), loan guarantees provided by the Bank may not-- ``(A) cover default for commercial risk; or ``(B) cover more than 50 percent of a loss. ``(2) Exception for small business concerns.--The limitations in paragraph (1) shall not apply with respect to loan guarantees for the exportation of goods or services produced by an entity that is a small business concern (as defined under section 3 of the Small Business Act (15 U.S.C. 632)) and is organized under the laws of the United States or any jurisdiction within the United States.''. ______