Senate Roll Call 459

97th Congress · 1981-12-08

S. 881: TO TABLE THE BAKER SUBSTITUTE AMENDMENT TO THE ROBERT C.BYRD AMENDMENT TO S.881, A BILL AMENDING THE SMALL BUSINESS ACT TO STRENGTHEN THE ROLE OF THE SMALL INNOVATIVE FIRMS IN FEDERALLY FUNDED RESEARCH AND DEVELOPMENT, AND WOULD UTILIZE FEDERAL RESEARCH AND DEVELOPMENT, AS A BASE FOR TECHNOLOGICAL INNOVATION TO MEET AGENCY NEEDS AND TO CONTRIBUTE TO THE GROWTH AND STRENGTH OF THE NATION'S ECONOMY. THE BAKER SUBSTITUTE AMENDMENT, STATES THAT IT IS THE SENSE OF THE SENATE THAT THE NEXT VACANCY ON THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM SHOULD BE FILLED BY AN INDIVIDUAL WHO HAS SUBSTANTIAL SMALL BUSINESS, AGRICULTURAL OR OTHER SMALL BUSINESS EXPERIENCE. THE BYRD AMENDMENT WOULD REQUIRE AS LAW, RATHER THAN STATE THE SENSE OF THE SENATE, THAT THE THE NEXT VACANCY ON THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM BE FILLED BY AN INDIVIDUAL WHO HAS SUBSTANTIAL SMALL BUSINESS, AGRICULTURAL OR OTHER SMALL BUSINESS EXPERIENCE. (MOTION FAILED)