S.Amdt. 907Senate117th Congress (2021-2023)2nd degree
S.Amdt. 907
Sponsored by
Sen. Roger Marshall (R-KS)
Submitted March 4, 2021
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Senate amendment submitted
March 4, 2021
Text
Submitted
SA 907. Mr. MARSHALL submitted an amendment intended to be proposed to amendment SA 891 proposed by Mr. Schumer to the bill H.R. 1319, to provide for reconciliation pursuant to title II of S. Con. Res. 5; which was ordered to lie on the table; as follows: At the end of section 5001, add the following: (e) Limitation on Use of Paycheck Protection Program Funds.--For purposes of cost recovery under the Universal Service Fund, any loan made under paragraph (36) or (37) of section 7(a) of the Small Business Act (15 U.S.C. 636(a)) shall not be treated as revenue. ______