[Congressional Record Volume 168, Number 38 (Wednesday, March 2, 2022)]
[Senate]
[Page S957]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 4968. Mr. SCOTT of Florida submitted an amendment intended to be 
proposed by him to the bill H.R. 3076, to provide stability to and 
enhance the services of the United States Postal Service, and for other 
purposes; which was ordered to lie on the table; as follows:

       At the end of title II, add the following:

     SEC. 210. REPAYMENT OF ORIGINAL CARES ACT LOAN REQUIRED.

       Section 6001 of the CARES Act (39 U.S.C. 101 note; Public 
     Law 116-136) is amended--
       (1) in the section heading, by striking ``funding'' and 
     inserting ``borrowing authority''; and
       (2) by striking subsection (c) and inserting the following:
       ``(c) Loan Repayment.--
       ``(1) In general.--Notwithstanding the amendments to this 
     section made by section 801 of division N of the Continuing 
     Appropriations Act, 2021 (Public Law 116-260; 134 Stat. 
     2119), the Postal Service shall repay any amounts received 
     from the Secretary of the Treasury under subsection (b).
       ``(2) Terms and conditions.--The agreement in principle 
     between the Secretary of the Treasury and the Postal Service 
     that was approved by the Board of Governors of the Postal 
     Service on July 28, 2020, and any subsequent agreement 
     entered into between the Secretary of the Treasury and the 
     Postal Service to implement the agreement in principle, shall 
     apply to the repayment of amounts under paragraph (1).''.
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