[Congressional Record Volume 167, Number 88 (Thursday, May 20, 2021)]
[Senate]
[Page S3255]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 1813. Mr. REED submitted an amendment intended to be proposed to
amendment SA 1502 proposed by Mr. Schumer to the bill S. 1260, to
establish a new Directorate for Technology and Innovation in the
National Science Foundation, to establish a regional technology hub
program, to require a strategy and report on economic security,
science, research, innovation, manufacturing, and job creation, to
establish a critical supply chain resiliency program, and for other
purposes; which was ordered to lie on the table; as follows:
At the end of division A, insert the following:
SEC. 1004. TAXPAYER PROTECTIONS.
The head of the relevant Federal agency or department may
receive warrants, options, preferred stock, debt securities,
notes, or other financial instruments issued by recipients of
financial assistance made available under section 1002 or
1003, which, in the sole determination of the head of the
Federal agency or department, provide appropriate
compensation to the Federal Government for the provision of
the financial assistance.
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