S.Amdt. 1553Senate116th Congress (2019-2021)3rd degree
S.Amdt. 1553
Sponsored by
Sen. John Cornyn (R-TX)
Submitted March 9, 2020
Legislative Activity
Stay on top of the latest movement without scrolling through every action
Floor
Latest Action
Senate amendment submitted
March 9, 2020
Text
Submitted
SA 1553. Mr. CORNYN submitted an amendment intended to be proposed to amendment SA 1514 proposed by Mr. Portman (for himself and Mrs. Shaheen) to the amendment SA 1407 proposed by Ms. Murkowski to the bill S. 2657, to support innovation in advanced geothermal research and development, and for other purposes; which was ordered to lie on the table; as follows: On page 18 of the amendment, strike lines 15 through 21 and insert the following: ``(4) Economic considerations.--In establishing and revising building code targets under paragraph (2), the Secretary shall-- ``(A) consider the economic feasibility of achieving the proposed targets established under this section and the potential costs and savings for consumers and building owners, including a return on investment analysis; and ``(B) certify that the proposed targets would not-- ``(i) increase the total cost of the principal, interest, taxes, insurance, and utilities for individuals and households that are otherwise eligible for public housing assistance; or ``(ii) increase the cost to multifamily buildings participating in Federal assistance or loan guarantee programs. ______