[Congressional Record Volume 167, Number 137 (Monday, August 2, 2021)]
[Senate]
[Page S5627]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2230. Mr. BRAUN (for himself, Ms. Duckworth, Ms. Lummis, Mr. 
Padilla, Mr. Inhofe, and Ms. Baldwin) submitted an amendment intended 
to be proposed to amendment SA 2137 proposed by Mr. Schumer (for Ms. 
Sinema (for herself, Mr. Portman, Mr. Manchin, Mr. Cassidy, Mrs. 
Shaheen, Ms. Collins, Mr. Tester, Ms. Murkowski, Mr. Warner, and Mr. 
Romney)) to the bill H.R. 3684, to authorize funds for Federal-aid 
highways, highway safety programs, and transit programs, and for other 
purposes; which was ordered to lie on the table; as follows:

        At the appropriate place in subtitle E of title I of 
     division A, insert the following:

     SEC. 115__. TREATMENT OF PAYCHECK PROTECTION PROGRAM LOAN 
                   FORGIVENESS UNDER HIGHWAY AND PUBLIC 
                   TRANSPORTATION PROJECT COST REIMBURSEMENT 
                   CONTRACTS.

       Notwithstanding section 31.201-5 of title 48, Code of 
     Federal Regulations (or successor regulations), for the 
     purposes of any cost-reimbursement contract initially awarded 
     in accordance with section 112 of title 23, United States 
     Code, or section 5325 of title 49, United States Code, or any 
     subcontract under such a contract, no cost reduction or cash 
     refund shall be due to the Department of Transportation or to 
     a State transportation department, transit agency, or other 
     recipient of assistance under chapter 1 of title 23, United 
     States Code, or chapter 53 of title 49, United States Code, 
     on the basis of forgiveness of a covered loan, as defined in 
     section 7A of the Small Business Act (15 U.S.C. 636m), 
     pursuant to the provisions of that section.
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