[Congressional Record Volume 168, Number 43 (Thursday, March 10, 2022)]
[Senate]
[Page S1125]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 4982. Mr. PAUL submitted an amendment intended to be proposed by
him to the bill S. 3811, making supplemental appropriations for
assistance and activities related to Ukraine, and for other purposes.;
which was referred to the Committee on Appropriations; as follows:
At the appropriate place in title VII, insert the
following:
Sec. 7___. (a) Of the unobligated balances from amounts
made available to the Department of Agriculture in section
1001(a) of subtitle A of title I of the American Rescue Plan
Act of 2021 (Public Law 117-2), $1,000,000,000 are hereby
permanently rescinded.
(b) Of the unobligated balances from amounts made available
under the heading ``Small Business Administration--Business
Loans Program Account, CARES Act'' in section 323(d)(1)(A) of
division N of the Consolidated Appropriations Act, 2021
(Public Law 116-260) for the cost of guaranteed loans as
authorized under paragraphs (36) and (37) of section 7(a) of
the Small Business Act (15 U.S.C. 636(a)), $2,950,000,000 are
hereby permanently rescinded.
(c) Of the unexpended balances remaining from amounts made
available under the heading ``Small Business Administration--
Business Loans Program Account, CARES Act'' in section
1107(a)(1) of the Coronavirus Aid, Relief, and Economic
Security Act (Public Law 116-136), as amended by section
101(a)(2) of division A of the Paycheck Protection Program
and Health Care Enhancement Act (Public Law 116-139),
$1,904,000,000 shall be returned to the Treasury.
(d) Of the unobligated balances from amounts made available
under sections 602(a)(1) and 603(a) of the Social Security
Act (42 U.S.C. 802(a)(1), 803(a)) on the date of enactment of
this Act, $7,055,000,000 is rescinded as of such date:
Provided, That such rescission shall be applied first on a
pro rata basis to the unobligated balances of the payment
amounts allocated by the Secretary of the Treasury pursuant
to subsection (b)(3)(B) of section 602 of the Social Security
Act (42 U.S.C. 802): Provided further, That any remaining
amounts to be rescinded shall be applied next on a pro rata
basis to the unobligated balances of the payment amounts
allocated by the Secretary of the Treasury pursuant to
subsection (b)(1)(B) and (b)(2)(B) of section 602 of such Act
(42 U.S.C. 802): Provided further, That any remaining
amounts to be rescinded shall be applied on a pro rata basis
to the unobligated balances of the payment amounts allocated
by the Secretary of the Treasury for each of the entities
authorized to receive payments under section 603 of such Act
(42 U.S.C. 803).
(e) Of the unobligated balances from amounts made available
to the Department of Education in section 2003 of title II of
the American Rescue Plan Act of 2021 (Public Law 117-2) and
allocated to institutions of higher education as defined in
section 102(b) of the Higher Education Act of 1965,
$100,000,000 are hereby permanently rescinded.
(f) Of the unobligated balances from amounts made available
to the Department of Transportation in section 7202(a) of
title VII of the American Rescue Plan Act of 2021 (Public Law
117-2), $2,000,000,000 are hereby permanently rescinded.
Sec. 7__. Of the unobligated balances from amounts made
available to the Department of Agriculture under the heading
``Agricultural Programs--Office of the Secretary'' in title I
of division B of the Coronavirus Aid, Relief, and Economic
Security Act (Public Law 116-136), $650,000,000 are hereby
permanently rescinded: Provided, That the amounts rescinded
pursuant to this section that were previously designated by
the Congress as an emergency requirement pursuant to section
251(b)(2)(A)(i) of the Balanced Budget and Emergency Deficit
Control Act of 1985 are designated by the Congress as an
emergency requirement pursuant to section 4001(a)(1) and
section 4001(b) of S. Con. Res. 14 (117th Congress), the
concurrent resolution on the budget for fiscal year.
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