S.Amdt. 2230

SA 2230. Mr. BRAUN (for himself, Ms. Duckworth, Ms. Lummis, Mr.
Padilla, Mr. Inhofe, and Ms. Baldwin) 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 in subtitle E of title I of
division A, insert the following:

SEC. 115__. TREATMENT OF PAYCHECK PROTECTION PROGRAM LOAN
FORGIVENESS UNDER HIGHWAY AND PUBLIC
TRANSPORTATION PROJECT COST REIMBURSEMENT
CONTRACTS.

Notwithstanding section 31.201-5 of title 48, Code of
Federal Regulations (or successor regulations), for the
purposes of any cost-reimbursement contract initially awarded
in accordance with section 112 of title 23, United States
Code, or section 5325 of title 49, United States Code, or any
subcontract under such a contract, no cost reduction or cash
refund shall be due to the Department of Transportation or to
a State transportation department, transit agency, or other
recipient of assistance under chapter 1 of title 23, United
States Code, or chapter 53 of title 49, United States Code,
on the basis of forgiveness of a covered loan, as defined in
section 7A of the Small Business Act (15 U.S.C. 636m),
pursuant to the provisions of that section.
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