S.Amdt. 1155Senate117th Congress (2021-2023)2nd degree
S.Amdt. 1155
Sponsored by
Sen. Tim Scott (R-SC)
Submitted March 5, 2021
Legislative Activity
Stay on top of the latest movement without scrolling through every action
Floor
Latest Action
Senate amendment submitted
March 5, 2021
Text
Submitted
SA 1155. Mr. SCOTT, of South Carolina (for himself and Ms. Lummis) submitted an amendment intended to be proposed to amendment SA 891 proposed by Mr. Schumer (for himself, Mr. Wyden, Mrs. Murray, Mr. Brown, Mr. Peters, Mr. Cardin, Ms. Cantwell, Ms. Stabenow, Mr. Tester, Mr. Menendez, Mr. Schatz, Mr. Carper, Mr. Leahy, and Mr. Sanders) to the bill H.R. 1319, to provide for reconciliation pursuant to title II of S. Con. Res. 5; which was ordered to lie on the table; as follows: At the end of subtitle C of title III, add the following: SEC. 3302. ELIGIBILITY OF FINANCIAL INSTITUTIONS. Section 3002(5) of the State Small Business Credit Initiative Act of 2010 (12 U.S.C. 5701(5)) is amended-- (1) by striking ``means any insured'' and inserting the following: ``means-- ``(A) any insured''; (2) in subparagraph (A), as so designated, by striking the period at the end and inserting ``; and''; and (3) by adding at the end the following: ``(B) any lender authorized to make a covered loan under section 7(a)(36) of the Small Business Act (15 U.S.C. 636(a)(36)).''. ______