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Full Text of this Amendment

SA 238. Mr. McCAIN 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:

On page 116, after line 24, insert the following:
SEC. 504. DISPOSITION OF FEDERAL HIGH SPEED RAIL FUNDING NOT USED BY STATE TO WHICH IT WAS ALLOCATED.
Amounts allocated to any State under the Federal Railroad Administration's High-Speed Intercity Passenger Rail Program that are not used by that State--
(1) shall be deposited into the General Fund of the Treasury to reduce that national deficit; and
(2) may not be reallocated to another qualifying State for any high speed rail project.


(As printed in the Congressional Record for the Senate on Mar 16, 2011.)