S.Amdt. 2220

SA 2220. Mr. VAN HOLLEN submitted an amendment intended to be
proposed to amendment SA 2137 proposed by Mr. Schumer (for Ms. Sinema
(for herself, Mr. Portman, Mr. Manchin, Mr. Cassidy, Mrs. Shaheen, Ms.
Collins, Mr. Tester, Ms. Murkowski, Mr. Warner, and Mr. Romney)) to the
bill H.R. 3684, to authorize funds for Federal-aid highways, highway
safety programs, and transit programs, and for other purposes; which
was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. ___. STATE SMALL BUSINESS CREDIT INITIATIVE.

The State Small Business Credit Initiative Act of 2010 (12
U.S.C. 5701 et seq.) is amended--
(1) in section 3007(d) (12 U.S.C. 5706(d)), by striking
``the first March 31 to occur after 5 complete 12-month
periods after the State is approved by the Secretary to be a
participating State'' and inserting ``March 31, 2032, except
that the Secretary may require the participating State to
continue to submit those reports in such form as the
Secretary, in the sole discretion of the Secretary, may
require, on a quarterly or annual basis, until the date that
is 10 years after the date on which the State fully expends
the Federal funding allocated to the participating State
under the Program''; and
(2) in section 3009(c) (12 U.S.C. 5708(c)), by striking
``at the end of the 7-year period beginning on the date of
the enactment of section 3003(d)'' and inserting ``on March
31, 2032, except that the Secretary may continue to require
and collect reports, as described in section 3007(d), and to
publish the results of those reports, until the date that is
90 days after the date on which the obligation of the last
participating State to submit those reports terminates''.
______