S.Amdt. 1025Senate109th Congress (2005-2007)

To require Federal reserve banks to transfer certain surplus funds to the general fund of the Treasury, to be used for the provision of Indian health care services.

Submitted June 27, 2005

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Roll call votes on amendments in Senate: Motion to waive the Budget Act with respect to amendment SA 1025 rejected in Senate by Yea-Nay. 47 - 51. Record Vote Number: 163.

June 29, 2005

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Roll call votes on amendments in Senate: Motion to waive the Budget Act with respect to amendment SA 1025 rejected in Senate by Yea-Nay. 47 - 51. Record Vote Number: 163.

June 29, 2005

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Considered by Senate. (consideration: CR S7561-7562, S7567-7568)

June 29, 2005

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Motion to waive the Budget Act with respect to amendment SA 1025 rejected in Senate by Yea-Nay. 47 - 51. Record Vote Number: 163.

June 29, 2005

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Amendment SA 1025 ruled out of order by the chair.

June 29, 2005

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Considered by Senate. (consideration: CR S7477)

June 28, 2005

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Senate amendment submitted

June 27, 2005

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Senate amendment proposed (on the floor): Amendment SA 1025 proposed by Senator Dorgan.(consideration: CR S7404; text: CR S7404)

June 27, 2005

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Amendment SA 1025 proposed by Senator Dorgan. (consideration: CR S7404; text: CR S7404) To require Federal reserve banks to transfer certain surplus funds to the general fund of the Treasury, to be used for the provision of Indian health care services.

June 27, 2005

Text

Submitted

SA 1025. Mr. DORGAN (for himself, and Mr. Bingaman) proposed an
amendment to the bill H.R. 2361, making appropriations for the
Department of the Interior, environment, and related agencies for the
fiscal year ending September 30, 2006, and for other purposes; as
follows:

=========================== NOTE ===========================

On page S7439, June 27, 2005, under ``TEXT OF AMENDMENTS'', the
following sentence appeared: SA 1025. Mr. DORGAN (for himself, Mr.
Bingaman, and Mr. Durbin).

The online version has been corrected to read: SA 1025. Mr.
DORGAN (for himself, and Mr. Bingaman).

========================= END NOTE =========================

At the end of title IV, add the following:
Sec. 429. (a) In General.--Section 7 of the Federal Reserve
Act (12 U.S.C. 789 et seq.) is amended by adding at the end
the following:
``(d) Additional Transfers for Fiscal Year 2006.--
``(1) In general.--The Federal reserve banks shall transfer
from the surplus funds of such banks to the Board of
Governors of the Federal Reserve System for transfer to the
Secretary of the Treasury for deposit in the general fund of
the Treasury, a total amount of $1,000,000,000 in fiscal year
2006.
``(2) Allocation by fed.--Of the total amount required to
be paid by the Federal reserve banks under paragraph (1) for
fiscal year 2006, the Board of Governors of the Federal
Reserve System shall determine the amount that each such bank
shall pay in such fiscal year.
``(3) Replenishment of surplus fund prohibited.--No Federal
reserve bank may replenish the surplus fund of such bank by
the amount of any transfer by such bank under paragraph (1)
during fiscal year 2006.''.
(b) Use of Surplus.--Of amounts transferred to the general
fund of the Treasury under section 7(d) of the Federal
Reserve Act, as added by this section--
(1) $140,000,000 shall be made available to the Secretary
of the Interior for use by the Bureau of Indian Affairs; and
(2) $860,000,000 shall be made available to the Secretary
of Health and Human Services for use by the Director of the
Indian Health Service in providing Indian health care
services and facilities.
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