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Full Text of this Amendment

SA 174. Mr. RUBIO submitted an amendment intended to be proposed by him to the bill S. 493, to reauthorize and improve the SBIR and STTR programs, and for other purposes; which was ordered to lie on the table; as follows:

At the end of title V, insert the following:
SEC. __X. RESCINDING ARRA FUNDING.
(a) In General.--There are rescinded all unobligated balances remaining available as of the date of enactment of this section, of the discretionary appropriations provided by division A of the American Recovery and Reinvestment Act of 2009 (Public Law 111-5).
(b) Oversight.--Subsection (a) shall not apply to funds appropriated or otherwise made available to Offices of Inspector General and the Recovery Act Accountability and Transparency Board by division A of the American Recovery and Reinvestment Act of 2009 (Public Law 111-5).
(c) Signage.--Effective on the date of enactment of this section and thereafter, no Federal agency administering funds provided by division A of the American Recovery and Reinvestment Act of 2009 (Public Law 111-5) may provide funding or reimbursement to any entity awarded funds from such Act for the cost associated with physical signage or other advertisement indicating that a project is funded by such Act.


(As printed in the Congressional Record for the Senate on Mar 15, 2011.)