S.Amdt. 1479Senate117th Congress (2021-2023)2nd degree
S.Amdt. 1479
Sponsored by
Sen. Mike Lee (R-UT)
Submitted April 29, 2021
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Senate amendment submitted
April 29, 2021
Text
Submitted
SA 1479. Mr. LEE submitted an amendment intended to be proposed to amendment SA 1460 proposed by Mr. Carper (for himself and Mrs. Capito) to the bill S. 914, to amend the Safe Drinking Water Act and the Federal Water Pollution Control Act to reauthorize programs under those Acts, and for other purposes; which was ordered to lie on the table; as follows: Beginning on page 6, strike line 21 and all that follows through page 7, line 21, and insert the following: (b) Assistance for Disadvantaged Communities.--Section 1452(d)(1) of the Safe Drinking Water Act (42 U.S.C. 300j- 12(d)(1)) is amended-- (1) by striking ``Notwithstanding any'' and inserting the following: ``(A) In general.--Notwithstanding any''; (2) in subparagraph (A) (as so designated), by inserting ``, grants, negative interest loans, other loan forgiveness, and through buying, refinancing, or restructuring debt'' after ``forgiveness of principal''; and (3) by adding at the end the following: ``(B) Exclusion.--A loan from a State loan fund with an interest rate equal to or greater than 0 percent shall not be considered additional subsidization for purposes of this subsection.''. ______