S.Amdt. 3240

SA 3240. Mr. HOEVEN submitted an amendment intended to be proposed by
him to the concurrent resolution S. Con. Res. 14, setting forth the
congressional budget for the United States Government for fiscal year
2022 and setting forth the appropriate budgetary levels for fiscal
years 2023 through 2031; which was ordered to lie on the table; as
follows:

At the end of title III, add the following:

SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO PROVIDING
DEBT RELIEF TO BORROWERS OF RURAL UTILITIES
SERVICE LOANS.

The Chairman of the Committee on the Budget of the Senate
may revise the allocations of a committee or committees,
aggregates, and other appropriate levels in this resolution,
and make adjustments to the pay-as-you-go ledger, for one or
more bills, joint resolutions, amendments, amendments between
the Houses, motions, or conference reports relating to
providing debt relief to borrowers of Rural Utilities Service
loans, which may include allowing borrowers to refinance
existing loans at market rates or make further loan
modifications, by the amounts provided in such legislation
for those purposes, provided that such legislation would not
increase the deficit over either the period of the total of
fiscal years 2022 through 2026 or the period of the total of
fiscal years 2022 through 2031.
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