S.Amdt. 698Senate117th Congress (2021-2023)
S.Amdt. 698
Sponsored by
Sen. Roger Marshall (R-KS)
Submitted February 4, 2021
Legislative Activity
Stay on top of the latest movement without scrolling through every action
Floor
Latest Action
Senate amendment submitted
February 4, 2021
Text
Submitted
SA 698. Mr. MARSHALL submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 5, setting forth the congressional budget for the United States Government for fiscal year 2021 and setting forth the appropriate budgetary levels for fiscal years 2022 through 2030; 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 REQUIRING THE SUBMISSION OF A REPORT REGARDING THE MICROLOAN PROGRAM OF THE SMALL BUSINESS ADMINISTRATION BEFORE ANY ADDITIONAL AMOUNTS MAY BE APPROPRIATED TO CARRY OUT THAT PROGRAM. 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 prohibiting additional appropriations from being made to carry out the program under section 7(m) of the Small Business Act (15 U.S.C. 636(m)) until the Administrator of the Small Business Administration submits to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a report detailing how much assistance under that program has been provided to intermediaries in total in fiscal year 2021 (including an analysis of the impact of the requirement under paragraph (7)(B)(i) of such section 7(m) on the provision of that assistance) and how much assistance during fiscal year 2021 has been provided to intermediaries serving rural areas 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 2021 through 2025 or the period of the total of fiscal years 2021 through 2030. ______