[Congressional Record Volume 167, Number 55 (Wednesday, March 24, 2021)]
[Senate]
[Page S1777]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1405. Mr. RUBIO (for himself, Mr. Kennedy, Mr. Marshall, Mrs. 
Capito, Mr. Cramer, Mr. Braun, Mr. Lankford, Mr. Barrasso, Mr. Risch, 
and Mr. Scott of South Carolina) submitted an amendment intended to be 
proposed by him to the bill H.R. 1799, to amend the Small Business Act 
and the CARES Act to extend the covered period for the paycheck 
protection program, and for other purposes; which was ordered to lie on 
the table; as follows:

       On page 2, between lines 15 and 16, insert the following:
       (d) Limitation on Prioritization.--During the period 
     beginning on the date of enactment of this Act and ending on 
     the last day of the covered period, as defined in section 
     7(a)(36)(A)(iii) of the Small Business Act (15 U.S.C. 
     636(a)(36)(A)(iii)), as amended by this Act, the 
     Administrator of the Small Business Administration may not 
     establish or enforce any priority for processing lender 
     applications under paragraph (36) or (37) of section 7(a) of 
     the Small Business Act (15 U.S.C. 636(a)), except for any 
     priority reasonably necessary to carry out the set-asides 
     established under section 323(d) of the Economic Aid to Hard-
     Hit Small Businesses, Nonprofits, and Venues Act (title III 
     of division N of Public Law 116-260).
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