S.Amdt. 2729Senate119th Congress (2025-2027)2nd degree
S.Amdt. 2729
Sponsored by
Sen. Martin Heinrich (D-NM)
Submitted June 30, 2025
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Senate amendment submitted
June 30, 2025
Text
Submitted
SA 2729. Mr. HEINRICH (for himself and Mr. Hickenlooper) submitted an amendment intended to be proposed to amendment SA 2360 proposed by Mr. Thune (for Mr. Graham) to the bill H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14; which was ordered to lie on the table; as follows: In section 50403(a), strike paragraph (6) and insert the following: (6) by adding at the end the following: ``(f) Current Applicants.-- ``(1) In general.--The Secretary shall, to the extent applicable, use all administrative flexibilities to ensure current applicants for loan guarantees are considered under this section. ``(2) No reapplication.--Nothing in the amendments made to this section by section 50403 of the Act entitled `An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14' (119th Congress) (including any new regulatory proceedings or program guidance as a result thereof) shall require applicants that have submitted applications under this section as of the date of that Act to re-apply. ``(g) Funding.-- ``(1) In general.--In addition to amounts otherwise available, there is appropriated to the Secretary for fiscal year 2025, out of any money in the Treasury not otherwise appropriated, $1,000,000,000, to remain available through September 30, 2028, to carry out activities under this section. ``(2) Administrative costs.--Of the amount made available under paragraph (1), the Secretary shall use not more than 3 percent for administrative expenses.''. ______