II 

111TH CONGRESS 

2D SESSION S. 3420 

To provide a temporary extension of certain programs, and for other purposes. 

IN THE SENATE OF THE UNITED STATES 

MAY 25, 2010 

Mr. GRASSLEY introduced the following bill; which was read twice and referred 

to the Committee on Finance 

A BILL 

To provide a temporary extension of certain programs, and 

for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Protecting Against 

5 Indebting our Descendants through Fully Offset Relief 

6 (PAID FOR) Temporary Extension Act of 2010’’. 

7 SEC. 2. EXTENSION OF UNEMPLOYMENT INSURANCE PRO8 VISIONS. 

9 (a) IN GENERAL.—(1) Section 4007 of the Supple10 mental Appropriations Act, 2008 (Public Law 110–252; 

11 26 U.S.C. 3304 note) is amended— 


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1 (A) by striking ‘‘June 2, 2010’’ each place it 

2 appears and inserting ‘‘July 7, 2010’’; 

3 (B) in the heading for subsection (b)(2), by 

4 striking ‘‘JUNE 2, 2010’’ and inserting ‘‘JULY 7, 

5 2010’’; and 

6 (C) in subsection (b)(3), by striking ‘‘November 

7 6, 2010’’ and inserting ‘‘December 11, 2010’’. 

8 (2) Section 2002(e) of the Assistance for Unemployed 

9 Workers and Struggling Families Act, as contained in 

10 Public Law 111–5 (26 U.S.C. 3304 note; 123 Stat. 438), 

11 is amended— 

12 (A) in paragraph (1)(B), by striking ‘‘June 2, 

13 2010’’ and inserting ‘‘July 7, 2010’’; 

14 (B) in the heading for paragraph (2), by strik15 ing ‘‘JUNE 2, 2010’’ and inserting ‘‘JULY 7, 2010’’; 

16 and 

17 (C) in paragraph (3), by striking ‘‘December 7, 

18 2010’’ and inserting ‘‘January 11, 2011’’. 

19 (3) Section 2005 of the Assistance for Unemployed 

20 Workers and Struggling Families Act, as contained in 

21 Public Law 111–5 (26 U.S.C. 3304 note; 123 Stat. 444), 

22 is amended— 

23 (A) by striking ‘‘June 2, 2010’’ each place it 

24 appears and inserting ‘‘July 7, 2010’’; and 


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1 (B) in subsection (c), by striking ‘‘November 6, 

2 2010’’ and inserting ‘‘December 11, 2010’’. 

3 (4) Section 5 of the Unemployment Compensation 

4 Extension Act of 2008 (Public Law 110–449; 26 U.S.C. 

5 3304 note) is amended by striking ‘‘November 6, 2010’’ 

6 and inserting ‘‘December 11, 2010’’. 

7 (b) FUNDING.—Section 4004(e)(1) of the Supple8 mental Appropriations Act, 2008 (Public Law 110–252; 

9 26 U.S.C. 3304 note) is amended— 

10 (1) in subparagraph (D), by striking ‘‘and’’ at 

11 the end; and 

12 (2) by inserting after subparagraph (E) the fol13 lowing: 

14 ‘‘(F) the amendments made by section 

15 2(a)(1) of the Protecting Against Indebting our 

16 Descendants through Fully Offset Relief (PAID 

17 FOR) Temporary Extension Act of 2010; and’’. 

18 (c) EFFECTIVE DATE.—The amendments made by 

19 this section shall take effect as if included in the enact20 ment of the Continuing Extension Act of 2010 (Public 

21 Law 111–157). 

22 SEC. 3. EXTENSION AND IMPROVEMENT OF PREMIUM AS23 SISTANCE FOR COBRA BENEFITS. 

24 (a) EXTENSION OF ELIGIBILITY PERIOD.—Sub25 section (a)(3)(A) of section 3001 of division B of the 


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1 American Recovery and Reinvestment Act of 2009 (Public 

2 Law 111–5), as amended by section 3(a) of the Con3 tinuing Extension Act of 2010 (Public Law 111–157), is 

4 amended by striking ‘‘May 31, 2010’’ and inserting ‘‘June 

5 30, 2010’’. 

6 (b) EFFECTIVE DATE.—The amendment made by 

7 this section shall take effect as if included in the provisions 

8 of section 3001 of division B of the American Recovery 

9 and Reinvestment Act of 2009. 

10 SEC. 4. INCREASE IN THE MEDICARE PHYSICIAN PAYMENT 

11 UPDATE. 

12 Paragraph (10) of section 1848(d) of the Social Secu13 rity Act, as added by section 1011(a) of the Department 

14 of Defense Appropriations Act, 2010 (Public Law 111– 

15 118) and as amended by section 5 of the Temporary Ex16 tension Act of 2010 (Public Law 111–144) and section 

17 4 of the Continuing Extension Act of 2010 (Public Law 

18 111–157), is amended— 

19 (1) in subparagraph (A), by striking ‘‘May 31, 

20 2010’’ and inserting ‘‘June 30, 2010’’; and 

21 (2) in subparagraph (B), by striking ‘‘June 1, 

22 2010’’ and inserting ‘‘July 1, 2010’’. 

23 SEC. 5. EXTENSION OF USE OF 2009 POVERTY GUIDELINES. 

24 Section 1012 of the Department of Defense Appro25 priations Act, 2010 (Public Law 111–118), as amended 


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1 by section 6 of the Continuing Extension Act of 2010 

2 (Public Law 111–157), is amended by striking ‘‘May 31, 

3 2010’’ and inserting ‘‘June 30, 2010’’. 

4 SEC. 6. EXTENSION OF NATIONAL FLOOD INSURANCE PRO5 GRAM. 

6 (a) EXTENSION.—Section 129 of the Continuing Ap7 propriations Resolution, 2010 (Public Law 111–68), as 

8 amended by section 7 of the Continuing Extension Act of 

9 2010 (Public Law 111–157), is amended by striking ‘‘by 

10 substituting’’ and all that follows through the period at 

11 the end and inserting ‘‘by substituting June 30, 2010, for 

12 the date specified in each such section.’’. 

13 (b) EFFECTIVE DATE.—The amendments made by 

14 subsection (a) shall be considered to have taken effect on 

15 February 28, 2010. 

16 SEC. 7. EXTENSION OF SMALL BUSINESS LOAN GUARANTEE 

17 PROGRAM. 

18 (a) APPROPRIATION.—There is appropriated, out of 

19 any funds in the Treasury not otherwise appropriated, 

20 $60,000,000, for an additional amount for ‘‘Small Busi21 ness Administration—Business Loans Program Account’’, 

22 to remain available until expended, for the cost of fee re23 ductions and eliminations under section 501 of division A 

24 of the American Recovery and Reinvestment Act of 2009 

25 (Public Law 111–5; 123 Stat. 151) and loan guarantees 


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1 under section 502 of division A of the American Recovery 

2 and Reinvestment Act of 2009 (Public Law 111–5; 123 

3 Stat. 152), as amended by this section: Provided, That 

4 such costs shall be as defined in section 502 of the Con5 gressional Budget Act of 1974. 

6 (b) EXTENSION OF SUNSET DATE.—Section 502(f) 

7 of division A of the American Recovery and Reinvestment 

8 Act of 2009 (Public Law 111–5; 123 Stat. 153) is amend9 ed by striking ‘‘May 31, 2010’’ and inserting ‘‘June 30, 

10 2010’’. 

11 SEC. 8. USE OF STIMULUS FUNDS TO OFFSET SPENDING. 

12 The unobligated balance of each amount appro13 priated or made available under the American Recovery 

14 and Reinvestment Act of 2009 (Public Law 111–5) (other 

15 than under title X of division A of such Act) is rescinded 

16 pro rata such that the aggregate amount of such rescis17 sions equals $13,000,000,000 in order to offset the net 

18 increase in spending resulting from the provisions of, and 

19 amendments made by, sections 2 through 7. The Director 

20 of the Office of Management and Budget shall report to 

21 each congressional committee the amounts so rescinded 

22 within the jurisdiction of such committee. 

23 SEC. 9. DETERMINATION OF BUDGETARY EFFECTS. 

24 (a) IN GENERAL.—The budgetary effects of this Act, 

25 for the purpose of complying with the Statutory Pay-AsVerDate Mar 15 2010 02:23 May 26, 2010 Jkt 089200 PO 00000 Frm 00006 Fmt 6652 Sfmt 6201 E:\BILLS\S3420.IS S3420

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1 You-Go Act of 2010, shall be determined by reference to 

2 the latest statement titled ‘‘Budgetary Effects of PAYGO 

3 Legislation’’ for this Act, submitted for printing in the 

4 Congressional Record by the Chairman of the Senate 

5 Budget Committee, provided that such statement has been 

6 submitted prior to the vote on passage. 

7 (b) EMERGENCY DESIGNATION FOR CONGRESSIONAL

8 ENFORCEMENT.—This Act, with the exception of section 

9 4, is designated as an emergency for purposes of pay-as10 you-go principles. In the Senate, this Act is designated 

11 as an emergency requirement pursuant to section 403(a) 

12 of S. Con. Res. 13 (111th Congress), the concurrent reso13 lution on the budget for fiscal year 2010. 

14 (c) EMERGENCY DESIGNATION FOR STATUTORY

15 PAYGO.—This Act, with the exception of section 4, is 

16 designated as an emergency requirement pursuant to sec17 tion 4(g) of the Statutory Pay-As-You-Go Act of 2010 

18 (Public Law 111–139; 2 U.S.C. 933(g)). 

Æ 


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