[Congressional Record Volume 168, Number 152 (Wednesday, September 21, 2022)]
[Senate]
[Page S4919]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 5520. Mr. BRAUN submitted an amendment intended to be proposed to
amendment SA 5499 submitted by Mr. Reed (for himself and Mr. Inhofe)
and intended to be proposed to the bill H.R. 7900, to authorize
appropriations for fiscal year 2023 for military activities of the
Department of Defense, for military construction, and for defense
activities of the Department of Energy, to prescribe military personnel
strengths for such fiscal year, and for other purposes; which was
ordered to lie on the table; as follows:
At the appropriate place in subtitle G of title X, insert
the following:
SEC. 10__. TREATMENT OF PAYCHECK PROTECTION PROGRAM LOAN
FORGIVENESS OF PAYROLL COSTS UNDER HIGHWAY AND
PUBLIC TRANSPORTATION PROJECT COST-
REIMBURSEMENT CONTRACTS.
(a) In General.--Notwithstanding section 31.201-5 of title
48, Code of Federal Regulations (or successor regulations),
for the purposes of any cost-reimbursement contract 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 (including through a reduced indirect cost rate) 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 the payroll costs of a covered loan
(as those terms are defined in section 7A(a) of the Small
Business Act (15 U.S.C. 636m(a))) issued under the paycheck
protection program under section 7(a)(36) of that Act (15
U.S.C. 636(a)(36)).
(b) Saving Provision.--Nothing in this section amends or
exempts the prohibitions and liabilities under section 3729
of title 31, United States Code.
(c) Termination.--This section ceases to be effective on
June 30, 2025.
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