[Congressional Record Volume 167, Number 88 (Thursday, May 20, 2021)]
[Senate]
[Pages S3255-S3256]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 1814. 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:
[[Page S3256]]
On page 347, strike lines 2 and 3 and insert the
following:
economy of the United States.'';
(2) in subsection (a), by adding at the end the following:
``(6) Taxpayer protections.--The Secretary may receive
warrants, options, preferred stock, debt securities, notes,
or other financial instruments issued by covered entities
that receive a financial assistance award under this
subsection which, in the sole determination of the Secretary,
provide appropriate compensation to the Federal Government
for the provision of the financial assistance award.''; and
(3) by adding at the end the following:
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