[Congressional Record Volume 164, Number 181 (Thursday, November 15, 2018)]
[Senate]
[Page S7064]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




TO EXTEND THE EFFECTIVE DATE FOR THE SUNSET FOR COLLATERAL REQUIREMENTS 
            FOR SMALL BUSINESS ADMINISTRATION DISASTER LOANS

  Mr. McCONNELL. Mr. President, I ask unanimous consent that the Senate 
proceed to the immediate consideration of Calendar No. 631, S. 3554.
  The PRESIDING OFFICER. The clerk will report the bill by title.
  The senior assistant legislative clerk read as follows:

       A bill (S. 3554) to extend the effective date for the 
     sunset for collateral requirements for Small Business 
     Administration disaster loans.

  There being no objection, the Senate proceeded to consider the bill.
  Mr. McCONNELL. Mr. President, I ask unanimous consent that the bill 
be considered read a third time and passed, and the motion to 
reconsider be considered made and laid upon the table.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The bill (S. 3554) was ordered to be engrossed for a third reading, 
was read the third time, and passed, as follows:

                                S. 3554

       Be it enacted by the Senate and House of Representatives of 
     the United States of America in Congress assembled,

     SECTION 1. EXTENSION OF SUNSET FOR COLLATERAL REQUIREMENTS 
                   FOR SBA DISASTER LOANS.

       Section 2102(b) of the RISE After Disaster Act of 2015 (15 
     U.S.C. 636 note) is amended, in the matter preceding 
     paragraph (1), by striking ``3 years'' and inserting ``4 
     years''.

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