[Congressional Record Volume 167, Number 20 (Wednesday, February 3, 2021)]
[Senate]
[Page S348]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 156. Mr. RISCH 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 THE
ESTABLISHMENT OF A SMALL BUSINESS INVESTMENT
COMPANY FUND THAT GUARANTEES FINANCING TO SMALL
BUSINESSES THAT HAVE EXPERIENCED ECONOMIC
HARDSHIP AS A RESULT OF THE COVID-19 PANDEMIC
AND ARE LOCATED AND HIRE WITHIN RURAL OR
UNDEREMPLOYED COMMUNITIES OR OPPORTUNITY ZONES.
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 the
establishment of a small business investment company fund
that guarantees financing to small businesses that have
experienced economic hardship as a result of the COVID-19
pandemic and are located and hire within rural or
underemployed communities or opportunity zones, 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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