S.Amdt. 1813Senate117th Congress (2021-2023)2nd degree
S.Amdt. 1813
Sponsored by
Sen. Jack Reed (D-RI)
Submitted May 20, 2021
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Senate amendment submitted
May 20, 2021
Text
Submitted
SA 1813. Mr. REED submitted an amendment intended to be proposed to amendment SA 1502 proposed by Mr. Schumer to the bill S. 1260, to establish a new Directorate for Technology and Innovation in the National Science Foundation, to establish a regional technology hub program, to require a strategy and report on economic security, science, research, innovation, manufacturing, and job creation, to establish a critical supply chain resiliency program, and for other purposes; which was ordered to lie on the table; as follows: At the end of division A, insert the following: SEC. 1004. TAXPAYER PROTECTIONS. The head of the relevant Federal agency or department may receive warrants, options, preferred stock, debt securities, notes, or other financial instruments issued by recipients of financial assistance made available under section 1002 or 1003, which, in the sole determination of the head of the Federal agency or department, provide appropriate compensation to the Federal Government for the provision of the financial assistance. ______