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H.r. 5297
1. F:M11BACHMABACHMA_061.XML
AMENDMENT TO THE AMENDMENT TO H.R. 5297
OFFERED BY MRS. BACHMANN OF MINNESOTA
Page 9, after line 16, insert the following new sub-
paragraph:
1 (C) TRANSFERS CONTINGENT ON INSPEC-
2 TOR GENERAL AUDITS.—
3 (i) IN GENERAL.—Before a transfer
4 to a participating State of the second one-
5 third or the last one-third, the Inspector
6 General of the Department of the Treasury
7 shall carry out an audit of the partici-
8 pating State’s use of amounts already re-
9 ceived.
10 (ii) PENALTY FOR MISSTATEMENT.—
11 Any participating State that is found to
12 have misstated any report issued to the
13 Secretary under the Program shall be ineli-
14 gible to receive any additional funds under
15 the Program. Funds that had been allo-
16 cated or that would otherwise have been al-
17 located to such participating State shall be
18 paid into the general fund of the Treasury
19 for reduction of the public debt.
f:VHLC051810051810.471.xml (468512|2)
May 18, 2010 (8:04 p.m.)
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2. F:M11BACHMABACHMA_061.XML
2
1 (iii) MUNICIPALITIES.—For purposes
2 of this subparagraph, the term ‘‘partici-
3 pating State’’ shall include a municipality
4 given special permission to participate in
5 the Program, pursuant to section 204(d).
Page 9, strike lines 17 through 23 (and redesignate
succeeding paragraphs and cross references accordingly).
◊
f:VHLC051810051810.471.xml (468512|2)
May 18, 2010 (8:04 p.m.)
VerDate 0ct 09 2002 20:04 May 18, 2010 Jkt 000000 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 C:DOCUME~1MWBARK~1APPLIC~1SOFTQUADXMETAL5.5GENCBACHMA~1.XML