Congressional Record, Senate (May 19, 2022): SA 5043, Mr. Johnson's amendment to S. 4008

Summary

Senate amendment SA 5043, submitted by Mr. Johnson for himself and Mr. Hagerty and printed in the Congressional Record, Volume 168, Number 86, for Thursday, May 19, 2022, at Page S2625. It was intended to be proposed to S. 4008, a bill to provide COVID relief for restaurants, gyms, minor league sports teams, border businesses, live venue service providers, exclave businesses and providers of transportation services, and was ordered to lie on the table. It would add a section 502, Offset of Costs Using Unobligated Funds from the American Rescue Plan Act of 2021, rescinding on a pro rata basis, effective on enactment, enough of the unobligated balances made available under the American Rescue Plan Act of 2021, Public Law 117-2, to reduce those balances by an amount equal to the total appropriated or otherwise made available by the bill and its amendments.

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Full text

[Congressional Record Volume 168, Number 86 (Thursday, May 19, 2022)]
[Senate]
[Page S2625]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 5043. Mr. JOHNSON (for himself and Mr. Hagerty) submitted an
amendment intended to be proposed by him to the bill S. 4008, to
provide COVID relief for restaurants, gyms, minor league sports teams,
border businesses, live venue service providers, exclave businesses,
and providers of transportation services; which was ordered to lie on
the table; as follows:

       At the end of title V, add the following:

     SEC. 502. OFFSET OF COSTS USING UNOBLIGATED FUNDS FROM THE
                   AMERICAN RESCUE PLAN ACT OF 2021.

       Effective on the date of enactment of this Act, of the
     unobligated balances made available under the American Rescue
     Plan Act of 2021 (Public Law 117-2; 135 Stat. 4), or an
     amendment made by such Act, there is rescinded, on a pro rata
     basis, the amount necessary to reduce the total amount of
     such unobligated balances by an amount equal to the total
     amount appropriated or otherwise made available by this Act
     and the amendments made by this Act.
                                 ______

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