S.Amdt. 5044
What it does: Adds SEC. 5__. OFFSET OF COSTS USING UNOBLIGATED FUNDS FROM THE CORONAVIRUS STATE FISCAL RECOVERY FUND AND THE CORONAVIRUS LOCAL FISCAL RECOVERY FUND at the appropriate place in title VWhat it changes
1 change to S. 4008
Adds SEC. 5__. OFFSET OF COSTS USING UNOBLIGATED FUNDS FROM THE CORONAVIRUS STATE FISCAL RECOVERY FUND AND THE CORONAVIRUS LOCAL FISCAL RECOVERY FUND at the appropriate place in title V
Adds a sectionInserted: SEC. 5__. OFFSET OF COSTS USING UNOBLIGATED FUNDS FROM THE CORONAVIRUS STATE FISCAL RECOVERY FUND AND THE CORONAVIRUS LOCAL FISCAL RECOVERY FUND.
Inserted: Effective on the date of enactment of this Act, of the unobligated balances made available under section 602(a) or 603(a) of the Social Security Act (42 U.S.C. 802(a), 803(a)), there is rescinded, on a pro rata basis, the amount necessary to reduce the total amount of such unobligated balances by an amount equal to the total amount appropriated or otherwise made available by this Act and the amendments made by this Act.
The amendment doesn't say where this goes; the clerk decides.
Original wording
At the appropriate place in title V, insert the following:
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As printed
SA 5044. Mr. CRUZ submitted an amendment intended to be proposed by him to the bill S. 4008, to provide COVID relief for restaurants, gyms, minor league sports teams, border businesses, live venue service providers, exclave businesses, and providers of transportation services; which was ordered to lie on the table; as follows:
At the appropriate place in title V, insert the following:
SEC. 5__. OFFSET OF COSTS USING UNOBLIGATED FUNDS FROM THE CORONAVIRUS STATE FISCAL RECOVERY FUND AND THE CORONAVIRUS LOCAL FISCAL RECOVERY FUND.
Effective on the date of enactment of this Act, of the unobligated balances made available under section 602(a) or 603(a) of the Social Security Act (42 U.S.C. 802(a), 803(a)), there is rescinded, on a pro rata basis, the amount necessary to reduce the total amount of such unobligated balances by an amount equal to the total amount appropriated or otherwise made available by this Act and the amendments made by this Act.
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Senate amendment submitted
May 19, 2022