[Congressional Record Volume 167, Number 41 (Thursday, March 4, 2021)]
[Senate]
[Page S1194]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  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.
                                 ______