S.Amdt. 699

SA 699. 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
PROHIBITING THE DUPLICATION OF BENEFITS UNDER
STATE AND LOCAL SMALL BUSINESS AID AND THE
PAYCHECK PROTECTION PROGRAM OF THE SMALL
BUSINESS ADMINISTRATION.

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 that an entity that receives assistance under any
State or local government small business aid program
(including the State Small Business Credit Initiative) may
not, after the date of adoption of this resolution, receive a
loan under paragraph (36) or (37) of section 7(a) of the
Small Business Act (15 U.S.C. 636(a)) for the same expenses
and period of time covered by such assistance, 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.
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