H.Amdt.762 to H.R.2584112th Congress (2011-2012)
|Amends Bill:||H.R.2584 — Department of the Interior, Environment, and Related Agencies Appropriations Act, 2012|
|Sponsor:||Rep. Lankford, James [R-OK-5] (Offered 07/27/2011)|
|Latest Action:||On agreeing to the Lankford amendment (A039) Failed by recorded vote: 161 - 263 (Roll no. 666). (consideration: CR H5689-5690) (07/28/2011)|
Description: H.Amdt. 762 — 112th Congress (2011-2012)
Amendment sought to remove the Federal mandate of "not less than 30%" for principal forgiveness and allow States to provide such forgiveness at a rate of "30% or less" when dealing with funds made available under the American Recovery and Reinvestment Act.
An amendment to strike "not less that 30 percent" and insert "30 percent or less".
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