Summary and Text of Amendment Submitted for H.R. 2608 — Small Business Program Extension and Reform Act of 2011 (Continuing Resolution)

Summaries Derived from Information Provided by Sponsors

Rogers, Harold (KY)

#1

The amendment in the nature of a substitute is virtually identical to H.J. Res. 79 as introduced with the following modifications: the across-the-board reduction that ensures consistency with the total discretionary spending caps in the Budget Control Act of 2011 has been modified from 1.409% to 1.503%, due to a scoring change made after the introduction of H.J. Res. 79 (this modification was previously included in H. Rept. 112-207); clarifies that the across-the-board cut should be applied to the amounts provided for discretionary advance appropriations, rather than to the “rate for operations” for advance appropriations to ensure that the Office of Management and Budget apportions the advance appropriations consistent with program requirements; and, cross references to ‘Act’ rather than ‘joint resolution.’

Rogers, Harold (KY)

#2

Adds, at the end of the House amendment, a modification to rescind $100,000,000 in unobligated funds in the Department of Energy’s “Title17-Innovative Technology Loan Guarantee Program”.