Amendment ensures that individuals who are evaluating businesses have both the authority and the expertise to make the best decisions for the taxpayer.

Purpose:

An amendment numbered 14 printed in Part B of House Report 111-317 to require individuals directly engaged in loan application analysis and/or underwriting under the new Capital Backstop Program (Sec. 111) to have at least two years worth of experience in those activities.

House Amendment Code:

(A014)

House Tally Clerks use this code to manage amendment information.